Long-Term Debt and Credit Arrangements (Tables)

12 Months Ended

Aug. 31, 2015

LONG-TERM DEBT AND CREDIT ARRANGEMENTS [Abstract]

Schedule of Debt [Table Text Block]

The following table summarizes short-term and long-term debt: 

	As of August 31,
	2015			2014
	(In thousands)
Notes payable and other, due within one year	$	5,584		$	18,429
Current portion of long-term debt	15,126			13,319
Short-term debt	$	20,710		$	31,748
Short-term weighted average interest rates	6.75		%	3.10		%
Euro notes, 4.485%, due March 2016	$	—		$	53,106
Term loan, due September 2018	—			180,625
Revolving credit loan, LIBOR plus applicable spread, due September 2018	—			105,400
Revolving credit facility, LIBOR plus applicable spread, due June 2020	—			—
Term Loan A, LIBOR plus applicable spread, due June 2020	187,500			—
U.S. Term Loan B, LIBOR plus applicable spread, due June 2022	344,781			—
Euro Term Loan B, LIBOR plus applicable spread, due June 2022	137,818			—
Senior notes, 6.875%, due June 2023	375,000			—
Capital leases and other long-term debt	250			415
Long-term debt	$	1,045,349		$	339,546

Schedule of Line of Credit Facilities [Table Text Block]

elow summarizes the Company’s available funds: 

	As of August 31,
	2015		2014
	(In thousands)
Existing capacity:
Revolving Facility, due September 2018	$	—	$	300,000
Revolving Facility, due June 2020	300,000		—
Domestic short-term lines of credit	—		15,000
Foreign short-term lines of credit	34,921		53,520
Total capacity from credit lines	$	334,921	$	368,520
Availability:
Revolving Facility, due September 2018	$	—	$	193,909
Revolving Facility, due June 2020	298,574		—
Foreign short-term lines of credit	25,999		49,250
Total available funds from credit lines	$	324,573	$	243,159

Schedule of Maturities of Long-term Debt [Table Text Block]

Aggregate maturities of debt, including capital lease obligations, subsequent to August 31, 2015 are as follows (in thousands): 

Fiscal 2016	$	20,710
2017	15,237
2018	16,466
2019	20,173
2020	156,378
2021 and thereafter	837,095