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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
 3 Months Ended
Nov. 30, 2016
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated other comprehensive income (loss)
NOTE 2. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The following tables reflect the changes in accumulated other comprehensive income (loss) ("AOCI"), net of income taxes:
 
 
Three Months Ended November 30, 2016
(in thousands)
 
Foreign Currency Translation
 
Unrealized Gain (Loss) on Derivatives
 
Defined Benefit Obligation
 
Total AOCI
Balance, August 31, 2016
 
$
(112,255
)
 
$
2,186

 
$
(2,845
)
 
$
(112,914
)
Other comprehensive income (loss) before reclassifications
 
(21,531
)
 
132

 
—

 
(21,399
)
Amounts reclassified from AOCI
 
—

 
(190
)
 
(9
)
 
(199
)
Net other comprehensive loss
 
(21,531
)
 
(58
)
 
(9
)
 
(21,598
)
Balance, November 30, 2016
 
$
(133,786
)
 
$
2,128

 
$
(2,854
)
 
$
(134,512
)

 
 
Three Months Ended November 30, 2015
(in thousands)
 
Foreign Currency Translation
 
Unrealized Gain (Loss) on Derivatives
 
Defined Benefit Obligation
 
Total AOCI
Balance, August 31, 2015
 
$
(113,081
)
 
$
2,305

 
$
(2,759
)
 
$
(113,535
)
Other comprehensive loss before reclassifications
 
(21,995
)
 
(9
)
 
—

 
(22,004
)
Amounts reclassified from AOCI
 
—

 
(118
)
 
(1
)
 
(119
)
Net other comprehensive loss
 
(21,995
)
 
(127
)
 
(1
)
 
(22,123
)
Balance, November 30, 2015
 
$
(135,076
)
 
$
2,178

 
$
(2,760
)
 
$
(135,658
)
 
 
 
 
 
 
 
 
 


The significant items reclassified out of AOCI and the corresponding line items in the condensed consolidated statements of earnings to which the items were reclassified were as follows:
 
 
 
 
Three Months Ended November 30,
Components of AOCI (in thousands)
 
Location
 
2016
 
2015
Unrealized gain (loss) on derivatives:
 

 


 
 
Commodity
 
Cost of goods sold
 
$
(92
)
 
$
(51
)
Foreign exchange
 
Net sales
 
(85
)
 
57

Foreign exchange
 
Cost of goods sold
 
128

 
(8
)
Foreign exchange
 
SG&A expenses
 
152

 
35

Interest rate
 
Interest expense
 
134

 
134

 
 
 
 
237

 
167

Income tax effect
 
Income taxes
 
(47
)
 
(49
)
Net of income taxes
 
 
 
$
190

 
$
118

Defined benefit obligation:
 

 
 
 
 
Amortization of prior services
 
SG&A expenses
 
$
11

 
$
2

Income tax effect
 
Income taxes
 
(2
)
 
(1
)
Net of income taxes
 

 
$
9

 
$
1

Amounts in parentheses reduce earnings.