Summary of Significant Accounting Policies (Tables)

12 Months Ended

Aug. 31, 2012

Reconciliation of Changes in Accrued Product Warranty

The following is a reconciliation of the changes in accrued product warranty for fiscal years 2012 and 2011 (in thousands):

	2012			2011
Beginning balance	$	23,707		$	7,868
Warranty reserves of acquired businesses		338			17,457
Purchase accounting adjustments		(7,726	)		—
Provision for warranties		9,219			9,190
Warranty payments and costs incurred		(10,893	)		(12,662	)
Impact of changes in foreign currency rates		(1,776	)		1,854
Ending balance	$	12,869		$	23,707