Accumulated Other Comprehensive Income

12 Months Ended

Aug. 31, 2019

Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

Note 25—Accumulated Other Comprehensive Income

The changes in accumulated other comprehensive income (loss), net of tax, were as follows:

			Change in Funded		Foreign Currency
	Restricted		Status of		Translation
	Investments		Pension Plans		Adjustment		Total
Balance at August 31, 2017	$	121	$	(6,181)	$	(7,409)	$	(13,469)
Other comprehensive gains (losses) before reclassifications		77		(314)		743		506
Reclassifications to net income of previously deferred (gains) losses		(72)		699		—		627
Other comprehensive income (loss)		5		385		743		1,133
Balance at August 31, 2018	$	126	$	(5,796)	$	(6,666)	$	(12,336)
Other comprehensive gains (losses) before reclassifications		36		(1,629)		(1,541)		(3,134)
Reclassifications to net income of previously deferred (gains) losses		(8)		1,154		—		1,146
Other comprehensive income (loss)		28		(475)		(1,541)		(1,988)
Balance at August 31, 2019	$	154	$	(6,271)	$	(8,207)	$	(14,324)

The following table summarizes the reclassifications from accumulated other comprehensive income (loss) to the consolidated statements of income:

	Amount of Gain (Loss) Reclassified from
	Accumulated Other Comprehensive Income
	(Loss) into Income
	Year Ended		Year Ended		Location of Gain (Loss) Reclassified from Accumulated
	August 31, 2019		August 31, 2018		Other Comprehensive Income (Loss) into Income
Gains on Restricted Investments:
Realized loss (gain) on sale of restricted investments	$	(11)	$	(97)	Selling, general and administrative expenses
Tax expense (benefit)		3		25
Gain net of tax	$	(8)	$	(72)
Loss on Funded Pension Plan adjustments:
Change in funded status of pension plans	$	283	$	117	Selling, general and administrative expenses
Change in funded status of pension plans		1,254		820	Other income (expense)
Tax expense (benefit)		(383)		(238)
Loss net of tax	$	1,154	$	699
Total net loss reclassified for the period	$	1,146	$	627