XML 55 R37.htm IDEA: XBRL DOCUMENT
v3.21.1

Restructuring, Severance and Related Charges (Tables) | 6 Months Ended
--- | ---
Feb. 28, 2021
Restructuring and Related Activities [Abstract] |
Summary of Restructuring and Related Charges | Following is a summary of the Company’s restructuring, severance and related charges (in thousands):
| Three months ended |  | Six months ended
| February 28, 2021 |  | February 29, 2020 |  | February 28, 2021 |  | February 29, 2020
Employee severance and benefit costs | $ | 2,140 |  |  | $ | 8,012 |  |  | $ | 2,708 |  |  | $ | 26,793 |
Lease costs | — |  |  | 6,229 |  |  | (2,873) |  |  | 6,468 |
Asset write-off costs | 4,592 |  |  | 9,109 |  |  | 4,590 |  |  | 25,425 |
Other costs | (106) |  |  | 6,254 |  |  | 486 |  |  | 16,169 |
Total restructuring, severance and related charges(1) | $ | 6,626 |  |  | $ | 29,604 |  |  | $ | 4,911 |  |  | $ | 74,855 |
(1)Primarily relates to the 2020 Restructuring Plan, and includes $2.5 million and $14.7 million recorded in the EMS segment, $4.0 million and $14.5 million recorded in the DMS segment and $0.1 million and $0.4 million of non-allocated charges for the three months ended February 28, 2021 and February 29, 2020, respectively. Includes $(0.5) million and $32.1 million recorded in the EMS segment, $5.0 million and $39.7 million recorded in the DMS segment and $0.4 million and $3.1 million of non-allocated charges for the six months ended February 28, 2021 and February 29, 2020, respectively. Except for asset write-off costs, all restructuring, severance and related charges are cash costs.
Summary of Liability Activity Associated with Restructuring Plan | The table below summarizes the Company’s liability activity, primarily associated with the 2020 Restructuring Plan (in thousands):
| Employee Severance and Benefit Costs |  | Lease Costs |  | Asset Write-off Costs |  | Other Related Costs |  | Total
Balance as of August 31, 2020 | $ | 8,143 |  |  | $ | 2,316 |  |  | $ | — |  |  | $ | 426 |  |  | $ | 10,885 |
Restructuring related charges | 2,322 |  |  | (2,873) |  |  | 4,344 |  |  | 599 |  |  | 4,392 |
Asset write-off charge and other non-cash activity | (9) |  |  | 1,554 |  |  | (4,344) |  |  | 2 |  |  | (2,797) |
Cash payments | (6,395) |  |  | (113) |  |  | — |  |  | (629) |  |  | (7,137) |
Balance as of February 28, 2021 | $ | 4,061 |  |  | $ | 884 |  |  | $ | — |  |  | $ | 398 |  |  | $ | 5,343 |

X
- References No definition available. + Details
Name: | us-gaap_RestructuringAndRelatedActivitiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 5.P.3) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140864-122747 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 5.P.4) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 + Details
Name: | us-gaap_ScheduleOfRestructuringAndRelatedCostsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(b)(2)) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 + Details
Name: | us-gaap_ScheduleOfRestructuringReserveByTypeOfCostTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration