Accumulated Other Comprehensive Loss

12 Months Ended

Aug. 31, 2023

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)	2023			2022
Accumulated other comprehensive loss:
Defined benefit pension plan, net of tax benefit of $620 and $716	$	(1,971	)		(2,277	)
Foreign currency translation, net of hedging activities, net of tax    expense of $3,868 and $4,875		(18,948	)		(18,924	)
Unrealized loss on marketable securities, net of tax benefit of $23 and $78		(91	)		(272	)
Total accumulated other comprehensive loss	$	(21,010	)	$	(21,473	)

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, 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	)
Current period change		306			(24	)		181			463
Balance at August 31, 2023	$	(1,971	)	$	(18,948	)	$	(91	)	$	(21,010	)