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Postretirement and Other Employee Benefits (Tables)
 9 Months Ended
May 31, 2020
Retirement Benefits [Abstract]  
Schedule of 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 and nine months ended May 31, 2020 and 2019 (in thousands):
 
Three months ended
 
Nine months ended
 
May 31, 2020
 
May 31, 2019
 
May 31, 2020
 
May 31, 2019
Service cost (1)
$
6,701

 
$
381

 
$
17,802

 
$
965

Interest cost (2)
755

 
987

 
2,327

 
2,742

Expected long-term return on plan assets (2)
(3,741
)
 
(1,344
)
 
(10,316
)
 
(4,026
)
Recognized actuarial loss (2)
225

 
203

 
674

 
616

Amortization of prior service credit (2)
(11
)
 
(11
)
 
(33
)
 
(34
)
Net periodic benefit cost
$
3,929

 
$
216

 
$
10,454

 
$
263

 
(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.
Schedule of Reconciliation of Change in Benefit Obligations for Plans
The benefit obligations, 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
$
330,793

Unfunded status
$
(73,504
)
Schedule of Reconciliation of Changes in Pension Plan Assets
The benefit obligations, 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
$
330,793

Unfunded status
$
(73,504
)
Schedule of Estimated Future Benefit Payments
The Company expects to make cash contributions between $9.9 million and $12.1 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
$
25,693

2021
22,572

2022
20,908

2023
19,140

2024
17,995

2025 through 2029
86,337


Schedule of 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
$
330,793