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CREDIT ARRANGEMENTS (Tables)
 12 Months Ended
Aug. 31, 2024
Debt Disclosure [Abstract]  
Long-term debt, including the deferred gain from the termination of the interest rate swaps
Long-term debt was as follows: 
Weighted Average Interest Rate as of August 31, 2024Year Ended August 31,
(in thousands)20242023
2030 Notes4.125%$300,000 $300,000 
2031 Notes3.875%300,000 300,000 
2032 Notes4.375%300,000 300,000 
Series 2022 Bonds, due 20474.000%145,060 145,060 
Short-term borrowings
(1)
— 8,419 
Other5.100%11,910 16,042 
Finance leases5.134%141,271 95,470 
Total debt1,198,241 1,164,991 
Less unamortized debt issuance costs(13,073)(14,840)
Plus unamortized bond premium4,453 4,646 
Total amounts outstanding1,189,621 1,154,797 
Less current maturities of long-term debt and short-term borrowings(38,786)(40,513)
Long-term debt$1,150,835 $1,114,284 
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(1) The weighted average interest rate of short-term borrowings was 6.790% and 7.800% as of August 31, 2024 and 2023, respectively.
Scheduled maturities of the Company's long-term debt
The scheduled maturities of the Company's long-term debt, excluding obligations related to finance leases, are included in the table below. See Note 7, Leases, for scheduled maturities of finance leases.

Year Ended August 31,(in thousands)
2025$1,802 
20261,789 
20271,782 
20281,795 
20291,806 
Thereafter1,047,996 
Total long-term debt, excluding finance leases1,056,970 
Less unamortized debt issuance costs(13,073)
Plus unamortized bond premium4,453 
Total long-term debt outstanding, excluding finance leases$1,048,350