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Accumulated Other Comprehensive Income (Tables)
3 Months Ended
Nov. 30, 2018
Equity [Abstract]  
Summary of changes in accumulated other comprehensive income
The following table sets forth the changes in accumulated other comprehensive income (“AOCI”), net of tax, by component for the periods indicated (in thousands):
 
Foreign
Currency
Translation
Adjustment
 
Derivative
Instruments
 
Actuarial
(Loss) Gain
 
Prior
Service Cost
 
Available for
Sale Securities
 
Total
Balance as of August 31, 2017
$
57,582

 
$
29,967

 
$
(33,215
)
 
$
889

 
$
(603
)
 
$
54,620

Other comprehensive (loss) income before reclassifications
(3,801
)
 
7,744

(1) 
(423
)
 

 
(1,465
)
 
2,055

Amounts reclassified from AOCI

 
(5,191
)
(2) 

 

 

 
(5,191
)
Other comprehensive (loss) income
(3,801
)
(4) 
2,553

(2) 
(423
)
(4) 

 
(1,465
)
(4) 
(3,136
)
Balance as of November 30, 2017
$
53,781

 
$
32,520

 
$
(33,638
)
 
$
889

 
$
(2,068
)
 
$
51,484

 
Foreign
Currency
Translation
Adjustment
 
Derivative
Instruments
 
Actuarial
(Loss) Gain
 
Prior
Service Cost
 
Available for
Sale Securities
 
Total
Balance as of August 31, 2018
$
7,431

 
$
8,116

 
$
(25,021
)
 
$
(643
)
 
$
(9,282
)
 
(19,399
)
Other comprehensive income (loss) before reclassifications
377

 
(18,469
)
(1) 
103

 

 
(8,745
)
 
(26,734
)
Amounts reclassified from AOCI

 
14,185

(3) 

 

 

 
14,185

Other comprehensive income (loss) (4)
377

 
(4,284
)
 
103

 

 
(8,745
)
 
(12,549
)
Balance as of November 30, 2018
$
7,808

 
$
3,832

 
$
(24,918
)
 
$
(643
)
 
$
(18,027
)
 
$
(31,948
)
 
(1) 
Represents changes in fair value of derivative instruments.
(2) 
Represents reclassifications of net (gains) losses realized and included in net income related to derivative instruments. During the three months ended November 30, 2017, $3.5 million was classified into net income as a reduction of income tax expense related to derivative instruments. The remaining amount for the three months ended November 30, 2017 was primarily classified as a component of cost of revenue.
(3) 
Represents reclassifications of net (gains) losses realized and included in net income related to derivative instruments. The amount for the three months ended November 30, 2018 was primarily classified as a component of cost of revenue. The Company expects to reclassify $9.2 million into earnings during the next twelve months, which will primarily be classified as a component of cost of revenue.
(4) 
Amounts are net of tax, which is immaterial.