XML 50 R86.htm IDEA: XBRL DOCUMENT v3.19.3
INCOME TAX (Reconciliation of Federal Statutory Rate to Effective Tax Rate from Continuing Operations) (Details) - USD ($)
$ in Thousands
12 Months Ended
Aug. 31, 2019
Aug. 31, 2018
Aug. 31, 2017
Income Tax Contingency [Line Items]      
Federal statutory tax rate (percent) 21.00% 25.70% 35.00%
Income tax expense at statutory rate $ 56,377 $ 42,471 $ 22,908
TCJA - Toll charge and related foreign tax credits 7,410 29,466 0
TCJA - Remeasurement of deferred tax balances (586) (25,515) 0
Foreign tax impairment on valuation of subsidiaries (1) (29,697) 22,315 (92,321)
Gain on international restructure (1) 0 18,926 0
Change in valuation allowance 36,167 (20,839) 113,135
Nontaxable foreign interest (1) (9,799) (17,414) (19,259)
Worthless stock deduction (2) 0 (6,084) 0
Foreign rate differential (3) (1,466) (5,973) (7,518)
Research and experimentation credits 580 4,707 1,034
Audit settlement (4) 120 (3,187) (659)
State and local taxes 6,085 2,317 1,490
Deferred compensation (5) (395) (2,036) (2,101)
Section 199 manufacturing deduction 0 0 (1,407)
Other 6,045 407 2,042
Income tax expense on continuing operations $ 69,681 $ 30,147 $ 15,276
Effective income tax rate from continuing operations 26.00% 18.20% 23.30%
Poland      
Income Tax Contingency [Line Items]      
Federal statutory tax rate (percent) 19.00%