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BUSINESSES HELD FOR SALE, DISCONTINUED OPERATIONS AND DISPOSITIONS (Tables)
12 Months Ended
Aug. 31, 2016
Discontinued Operations and Disposal Groups [Abstract]  
Components of assets and liabilities of businesses held for sale
 
 
Year Ended August 31,
(in thousands)
 
2015
Assets:
 
 
Accounts receivable
 
$
3,244

Inventories, net
 
12,514

Other current assets
 
41

Property, plant and equipment, net of accumulated depreciation and amortization
 
1,209

Assets of businesses held for sale
 
$
17,008

Liabilities:
 
 
Accounts payable-trade
 
$
3,011

Accrued expenses and other payables
 
2,265

Liabilities of businesses held for sale
 
$
5,276

Financial information for discontinued operations
Financial information for discontinued operations was as follows: 
 
 
Year Ended August 31,
(in thousands)
 
2016
 
2015
 
2014
 Net sales
 
$
41,414

 
$
173,065

 
$
266,819

Loss before income taxes
 
(17,949
)
 
(20,124
)
 
(2,650
)