DEBT (Tables)

12 Months Ended

Aug. 31, 2024

Debt Disclosure [Abstract]

Schedule of Short-Term Borrowings

Short-term borrowings consist of unsecured lines of credit and short-term overdraft borrowings. The following table summarizes the balances of total facilities, facilities used and facilities available (in thousands):

	Total Amount of Facilities		Facilities Used				Facilities Available		Weighted average interest rate
			Short-term Borrowings		Letters of Credit
August 31, 2024 - Committed	$	75,000	$	—	$	225	$	74,775	—%
August 31, 2024 - Uncommitted	96,000		8,007		—		87,993		11.3
August 31, 2024 - Total	$	171,000	$	8,007	$	225	$	162,768	—%
August 31, 2023 - Committed	$	75,000	$	—	$	—	$	75,000	—%
August 31, 2023 - Uncommitted	91,000		8,376		—		82,624		13.2
August 31, 2023 - Overdraft Used (Uncommitted)	—		303		—		—		12.0
August 31, 2023 - Total	$	166,000	$	8,679	$	—	$	157,624	12.7%

Summary of Changes in Long-Term Debt

The following table provides the changes in long-term debt for the twelve months ended August 31, 2024:

(Amounts in thousands)	Current portion of long-term debt		Long-term debt (net of current portion)		Total
Balances as of August 31, 2022	$	33,715	$	103,556	$	137,271	(1)
Proceeds from long-term debt received during the period:
Guatemala subsidiary	—		12,454		12,454
Barbados subsidiary	—		7,460		7,460
Honduras subsidiary	1,001		12,798		13,799
Trinidad subsidiary	750		4,250		5,000
Total proceeds from long-term debt received during the period	1,751		36,962		38,713
Repayments of long-term debt:	(17,541)		(18,443)		(35,984)
Reclassifications of long-term debt due in the next 12 months	1,729		(1,729)		—
Translation adjustments on foreign currency debt of subsidiaries whose functional currency is not the U.S. dollar(2)	539		(859)		(320)
Balances as of August 31, 2023	20,193		119,487		139,680		(3)
Proceeds from long-term debt received during the period:
Panama subsidiary	—		16,500		16,500
Total proceeds from long-term debt received during the period	—		16,500		16,500
Repayments of long-term debt:	(3,707)		(22,613)		(26,320)
Reclassifications of long-term debt due in the next 12 months	19,374		(19,374)		—
Translation adjustments on foreign currency debt of subsidiaries whose functional currency is not the U.S. dollar(2)	57		443		500
Balances as of August 31, 2024	$	35,917	$	94,443	$	130,360	(4)

(1)The carrying amount of non-cash assets assigned as collateral for these loans was $155.6 million. The carrying amount of cash assets assigned as collateral for these loans was $5.3 million.

(2)These foreign currency translation adjustments are recorded within other comprehensive income (loss).

(3)The carrying amount of non-cash assets assigned as collateral for these loans was $156.2 million. The carrying amount of cash assets assigned as collateral for these loans was $3.5 million.

(4)The carrying amount of non-cash assets assigned as collateral for these loans was $155.1 million. The carrying amount of cash assets assigned as collateral for these loans was $1.7 million.

Schedule of Long-Term Debt

The following table provides a summary of the long-term loans entered into by the Company:

	August 31, 2024		August 31, 2023
Loans entered into by the Company's subsidiaries for which the subsidiary has entered into a cross-currency interest rate swap with non-cash assets and/or cash or cash equivalents assigned as collateral and with/without established debt covenants	$	19,770	$	23,099
Loans entered into by the Company's subsidiaries for which the subsidiary has entered into an interest rate swap with non-cash assets and/or cash or cash equivalents assigned as collateral and with/without established debt covenants	28,794		30,069
Unhedged loans entered into by the Company's subsidiaries with non-cash assets and/or cash or cash equivalents assigned as collateral and with/without established debt covenants	81,796		86,512
Total long-term debt	130,360		139,680
Less: current portion	35,917		20,193
Long-term debt, net of current portion	$	94,443	$	119,487

Schedule of Annual Maturities of Long-Term Debt

Annual maturities of long-term debt are as follows (in thousands):

Twelve Months Ended August 31,	Amount
2025	$	35,917
2026	18,462
2027	33,204
2028	13,796
2029	4,446
Thereafter	24,535
Total	$	130,360