Accumulated Other Comprehensive Loss

12 Months Ended

Aug. 31, 2022

Stockholders' Equity Note [Abstract]

Accumulated Other Comprehensive Loss

Note 6 – 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)	2022			2021
Accumulated other comprehensive loss:
Defined benefit pension plan, net of tax benefit of $716 and $894	$	(2,277	)		(2,843	)
Foreign currency translation, net of hedging activities, net of tax    expense of $4,875 and $2,687		(18,924	)		(15,085	)
Unrealized loss on marketable securities, net of tax (benefit) expense of ($78) and $3		(272	)		(5	)
Total accumulated other comprehensive loss	$	(21,473	)	$	(17,933	)

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

							Unrealized			Accumulated
	Defined			Foreign			gain (loss) on			other
	benefit			currency			marketable			comprehensive
($ in thousands)	pension plan			translation			securities			loss
Balance at August 31, 2020	$	(3,228	)	$	(17,430	)	$	86		$	(20,572	)
Current period change		385			2,345			(91	)		2,639
Balance at August 31, 2021		(2,843	)		(15,085	)		(5	)		(17,933	)
Current period change		566			(3,839	)		(267	)		(3,540	)
Balance at August 31, 2022	$	(2,277	)	$	(18,924	)	$	(272	)	$	(21,473	)