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Employee Benefit Plans (Tables)
 12 Months Ended
Aug. 31, 2024
Pension Plans, Defined Benefit  
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Changes in Projected Benefit Obligations, Fair Value of Plan Assets The following table provides detail of changes in the projected benefit obligations, the fair value of plan assets and the funded status of the Company’s U.S. defined benefit pension plans as of the respective August 31 measurement date (in thousands):
20242023
Reconciliation of benefit obligations:
Benefit obligation at beginning of year$33,204 $37,135 
Interest cost1,716 1,694 
Actuarial (gain) loss1,273 (2,337)
Benefits paid(3,337)(3,288)
Benefit obligation at end of year$32,856 $33,204 
Reconciliation of plan assets:
Fair value of plan assets at beginning of year$28,530 $31,166 
Actual return on plan assets2,839 545 
Company contributions421 108 
Benefits paid from plan assets(3,336)(3,289)
Fair value of plan assets at end of year28,454 28,530 
Funded status of the plans (underfunded)$(4,402)$(4,674)
Net Periodic Benefit Costs
The following table provides detail on the Company’s domestic net periodic benefit expense (in thousands):
 Year ended August 31,
 202420232022
Interest cost$1,716 $1,694 $1,165 
Expected return on assets(1,743)(1,984)(2,060)
Amortization of actuarial loss928 878 1,219 
Net periodic benefit expense$901 $588 $324 
Weighted Average Assumption used to Determine Benefit Obligations and Net Periodic Benefit Cost
Weighted-average assumptions used to determine U.S. pension plan obligations as of August 31 and weighted-average assumptions used to determine net periodic benefit cost for the years ended August 31 are as follows:
202420232022
Assumptions for benefit obligations:
Discount rate5.00 %5.40 %4.75 %
Assumptions for net periodic benefit cost:
Discount rate5.40 %4.75 %2.55 %
Expected return on plan assets5.70 %5.70 %5.45 %
U.S. Pension Plan Investment Allocations by Asset Category
The U.S. pension plan investment allocations by asset category were as follows (dollars in thousands):
 Year Ended August 31,
 2024%2023%
Cash and cash equivalents$— —%$51 0.2%
Income receivable46 0.240 0.1
Fixed income securities:
U.S. Treasury Securities3,320 11.74,659 16.3
Corporate Bonds— —— —
Mutual funds12,095 42.511,269 39.5
15,415 54.215,928 55.8
Equity securities:
Mutual funds12,993 45.612,511 43.9
Total plan assets$28,454 100%$28,530 100%
Other Pension Plans, Defined Benefit  
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Changes in Projected Benefit Obligations, Fair Value of Plan Assets The following table provides detail of changes in the projected benefit obligations, the fair value of plan assets and the funded status of the Company’s significant foreign defined benefit pension plans as of the respective August 31 measurement date (in thousands):
20242023
Reconciliation of benefit obligations:
Benefit obligation at beginning of year$8,085 $8,017 
Employer service costs144 60 
Interest cost344 306 
Actuarial gain(1)(494)
Benefits paid(261)(256)
Settlements— (213)
Currency impact199 665 
Benefit obligation at end of year$8,510 $8,085 
Reconciliation of plan assets:
Fair value of plan assets at beginning of year$6,195 $6,208 
Actual return on plan assets323 (359)
Company contributions69 286 
Benefits paid from plan assets(261)(469)
Currency impact169 529 
Fair value of plan assets at end of year6,495 6,195 
Funded status of the plans (underfunded)$(2,015)$(1,889)
The following table provides detail on the Company’s foreign net periodic benefit expense (in thousands):
 Year ended August 31,
 202420232022
Employer service costs$144 $60 $90 
Interest cost344 306 159 
Expected return on assets(252)(245)(316)
Amortization of net prior service credit4 3 3 
Amortization of net loss21 10 112 
Settlement— 37 145 
Net periodic benefit expense$261 $171 $193