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Commitments and Contingencies (Tables)
3 Months Ended
Nov. 30, 2019
Commitments And Contingencies Disclosure [Abstract]  
Schedule of Changes to Environmental Liabilities The changes to the Company’s environmental liabilities for the thirteen weeks ended November 30, 2019 were as follows (in thousands):

 

 

November 30, 2019

 

Beginning balance as of August 31, 2019

 

$

27,718

 

Revisions in estimates

 

 

1,200

 

Costs incurred for which reserves have been provided

 

 

(229

)

Insurance proceeds

 

 

31

 

Interest accretion

 

 

134

 

Changes in discount rates

 

 

(602

)

Ending balance as of November 30, 2019

 

$

28,252

 

 

Schedule of Anticipated Payments and Insurance Proceeds of Currently Identified Environmental Remediation Liabilities

Anticipated payments and insurance proceeds of currently identified environmental remediation liabilities as of November 30, 2019, for the next five fiscal years and thereafter, as measured in current dollars, are reflected below.

 

(In thousands)

 

2020

 

 

2021

 

 

2022

 

 

2023

 

 

2024

 

 

Thereafter

 

 

Total

 

Estimated costs – current dollars

 

$

10,915

 

 

$

2,186

 

 

$

1,353

 

 

$

1,091

 

 

$

1,058

 

 

$

12,032

 

 

$

28,635

 

Estimated insurance proceeds

 

 

(128

)

 

 

(173

)

 

 

(159

)

 

 

(173

)

 

 

(159

)

 

 

(693

)

 

 

(1,485

)

Net anticipated costs

 

$

10,787

 

 

$

2,013

 

 

$

1,194

 

 

$

918

 

 

$

899

 

 

$

11,339

 

 

$

27,150

 

Effect of inflation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

7,388

 

Effect of discounting

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(6,286

)

Ending balance as of November 30, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

28,252