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Postretirement and Other Employee Benefits (Tables)
 3 Months Ended
Nov. 30, 2019
Retirement Benefits [Abstract]  
Information about Net Periodic Benefit Cost for Plans
The following table provides information about the net periodic benefit cost for all plans for the three months ended November 30, 2019 and 2018 (in thousands):
 
Three months ended
 
November 30, 2019
 
November 30, 2018
Service cost (1)
$
4,463

 
$
295

Interest cost (2)
763

 
885

Expected long-term return on plan assets (2)
(2,786
)
 
(1,352
)
Recognized actuarial loss (2)
223

 
208

Amortization of prior service credit (2)
(11
)
 
(12
)
Net periodic benefit cost
$
2,652

 
$
24

 
(1) 
Service cost is recognized in cost of revenue in the Condensed Consolidated Statement of Operations.
(2) 
Components are recognized in other expense in the Condensed Consolidated Statement of Operations.
Reconciliation of Change in Benefit Obligations for Plans
The benefit obligations and plan assets, changes to the benefit obligation and plan assets and the funded status of the Switzerland plan as of September 30, 2019 are as follows (in thousands):
 
September 30, 2019
Ending projected benefit obligation
$
(404,297
)
Ending fair value of plan assets
$
345,473

Unfunded status
$
(58,824
)
Reconciliation of Changes in Pension Plan Assets
The benefit obligations and plan assets, changes to the benefit obligation and plan assets and the funded status of the Switzerland plan as of September 30, 2019 are as follows (in thousands):
 
September 30, 2019
Ending projected benefit obligation
$
(404,297
)
Ending fair value of plan assets
$
345,473

Unfunded status
$
(58,824
)
Estimated Future Benefit Payments
The Company expects to make cash contributions between $9.5 million and $11.7 million to its Switzerland pension plan during fiscal year 2020. The estimated future benefit payments, which reflect expected future service, are as follows (in thousands):
Fiscal Year Ended August 31,
Amount
2020
$
24,698

2021
21,698

2022
20,098

2023
18,398

2024
17,298

2025 through 2029
82,992


Information for Plans with Accumulated Benefit Obligation in Excess of Plan Assets
The following table provides information for the Switzerland plan with an accumulated benefit obligation as of September 30, 2019 (in thousands):
 
September 30, 2019
Projected benefit obligation
$
(404,297
)
Accumulated benefit obligation
$
(394,427
)
Fair value of plan assets
$
345,473