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Derivative Financial Instruments (Tables)
12 Months Ended
Aug. 31, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Summary of Fair Value of Derivative Instruments in Consolidated Balance Sheet

The fair value of derivative instruments in the Consolidated Balance Sheet as of August 31, 2024 and 2023 is as follows (in thousands):

 

 

Asset (Liability) Derivatives

 

 

Balance Sheet Location

 

August 31, 2024

 

 

August 31, 2023

 

Interest rate swap contracts

Prepaid expenses and other current assets

 

$

 

 

$

1,163

 

Interest rate swap contracts

Other accrued liabilities

 

 

(174

)

 

 

 

Interest rate swap contracts

Other long-term liabilities

 

 

(1,667

)

 

 

(1,555

)