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Accumulated Other Comprehensive Income (Tables)
 6 Months Ended
Feb. 28, 2019
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 six months ended February 28, 2019 (in thousands):
 
 
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
12,912

 
(16,083
)
 
103

 
—

 
(8,472
)
 
(11,540
)
Amounts reclassified from AOCI
—

 
17,686

 
—

 
—

 
—

 
17,686

Other comprehensive income (loss)(1)
12,912

 
1,603

 
103

 
—

 
(8,472
)
 
6,146

Balance as of February 28, 2019
$
20,343

 
$
9,719

 
$
(24,918
)
 
$
(643
)
 
$
(17,754
)
 
$
(13,253
)

 
(1) 
Amounts are net of tax, which are immaterial.
Reclassification from AOCI
The following table sets forth the amounts reclassified from AOCI into the Condensed Consolidated Statements of Operations, and the associated financial statement line item, net of tax, for the periods indicated (in thousands):
 
 
 
 
Three months ended
 
Six months ended
Comprehensive Income Components
 
Financial Statement Line Item
 
February 28,
2019
 
February 28,
2018
 
February 28,
2019
 
February 28,
2018
Unrealized (gains) losses on derivative instruments:
 
 
 
 
 
 
 
 
 
 
Foreign exchange contracts
 
Cost of revenue
 
$
3,931

 
$
(7,381
)
 
$
18,546

 
$
(10,060
)
Interest rate contracts
 
Interest expense
 
(430
)
 
(2,512
)
 
(860
)
 
(5,024
)
Total amounts reclassified from AOCI (1)(2)
 
 
 
$
3,501

 
$
(9,893
)
 
$
17,686

 
$
(15,084
)
 
(1) 
The Company expects to reclassify $5.9 million into earnings during the next twelve months, which will primarily be classified as a component of cost of revenue.
(2) 
Amounts are net of tax, which are immaterial for the three months and six months ended February 28, 2019. The amounts for the three months and six months ended February 28, 2018, include a reduction to income tax expense related to derivative instruments of $3.5 million and $7.0 million, respectively.