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Accumulated Other Comprehensive Income (Tables)
 3 Months Ended
Nov. 30, 2019
Equity [Abstract]  
Summary of Changes in Accumulated Other Comprehensive Income

The following table sets forth the changes in accumulated other comprehensive (loss) income (“AOCI”), net of tax, by component for the three months ended November 30, 2019 (in thousands):
 
 
Foreign
Currency
Translation
Adjustment
 
Derivative
Instruments
 
Actuarial
Loss
 
Prior
Service Cost
 
Available for
Sale Securities
 
Total
Balance as of August 31, 2019
$
(14,298
)
 
$
(39,398
)
 
$
(28,033
)
 
$
(608
)
 
$
(457
)
 
(82,794
)
Other comprehensive (loss) income before reclassifications
(529
)
 
10,945

 
—

 
—

 
(8,827
)
 
1,589

Amounts reclassified from AOCI
—

 
6,883

 
—

 
—

 
—

 
6,883

Other comprehensive (loss) income(1)
(529
)
 
17,828

 
—

 
—

 
(8,827
)
 
8,472

Balance as of November 30, 2019
$
(14,827
)
 
$
(21,570
)
 
$
(28,033
)
 
$
(608
)
 
$
(9,284
)
 
$
(74,322
)


(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
Comprehensive Income Components
 
Financial Statement Line Item
 
November 30,
2019
 
November 30,
2018
Realized losses (gains) on derivative instruments:(1)
 
 
 
 
 
 
Foreign exchange contracts
 
Cost of revenue
 
$
7,314

 
$
14,615

Interest rate contracts
 
Interest expense
 
(431
)
 
(430
)
Total amounts reclassified from AOCI(2)
 
 
 
$
6,883

 
$
14,185

 
(1) 
The Company expects to reclassify $5.0 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 ended November 30, 2019 and 2018.