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Accumulated Other Comprehensive Loss (Tables)
12 Months Ended
Aug. 31, 2019
Stockholders Equity Note [Abstract]  
Schedule of Accumulated Other Comprehensive Loss

Accumulated other comprehensive loss is included in the accompanying consolidated balance sheets in the shareholders’ equity section, and consists of the following components:

 

 

 

August 31,

 

($ in thousands)

 

2019

 

 

2018

 

Accumulated other comprehensive loss:

 

 

 

 

 

 

 

 

Defined benefit pension plan, net of tax benefit of $885 and $1,362

 

$

(2,916

)

 

$

(2,199

)

Foreign currency translation, net of hedging activities, net of tax

   expense of $3,202 and $2,686

 

 

(16,931

)

 

 

(15,889

)

Total accumulated other comprehensive loss

 

$

(19,847

)

 

$

(18,088

)

 

Roll Forward of Balances in Accumulated Other Comprehensive Loss

The following is a roll-forward of the balances in accumulated other comprehensive loss, net of tax.

 

 

 

Defined

 

 

Foreign

 

 

Accumulated

 

 

 

benefit

 

 

currency

 

 

other

 

 

 

pension plan

 

 

translation

 

 

comprehensive

 

($ in thousands)

 

adjustment

 

 

adjustment

 

 

loss

 

Balance at August 31, 2017

 

$

(2,450

)

 

$

(9,658

)

 

$

(12,108

)

Current period change

 

 

251

 

 

 

(6,231

)

 

 

(5,980

)

Balance at August 31, 2018

 

 

(2,199

)

 

 

(15,889

)

 

 

(18,088

)

Current period change

 

 

(717

)

 

 

(1,042

)

 

 

(1,759

)

Balance at August 31, 2019

 

$

(2,916

)

 

$

(16,931

)

 

$

(19,847

)