ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)

6 Months Ended

Feb. 29, 2024

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Schedule of accumulated other comprehensive income (loss)

The following tables reflect the changes in accumulated other comprehensive income (loss) ("AOCI"):


	Three Months Ended February 29, 2024
(in thousands)	Foreign Currency Translation		Derivatives		Defined Benefit Pension Plans		Total AOCI
Balance, December 1, 2023	$	(102,552)	$	90,813	$	(12,999)	$	(24,738)
Other comprehensive income (loss) before reclassifications(1)	1,341		(47,924)		(9)		(46,592)
Reclassification for gain(2)	—		(189)		—		(189)
Net other comprehensive income (loss)	1,341		(48,113)		(9)		(46,781)
Balance, February 29, 2024	$	(101,211)	$	42,700	$	(13,008)	$	(71,519)

	Six Months Ended February 29, 2024
(in thousands)	Foreign Currency Translation		Derivatives		Defined Benefit Pension Plans		Total AOCI
Balance, September 1, 2023	$	(126,045)	$	135,257	$	(12,990)	$	(3,778)
Other comprehensive income (loss) before reclassifications(1)	24,834		(90,869)		(18)		(66,053)
Reclassification for gain(2)	—		(1,688)		—		(1,688)
Net other comprehensive income (loss)	24,834		(92,557)		(18)		(67,741)
Balance, February 29, 2024	$	(101,211)	$	42,700	$	(13,008)	$	(71,519)


	Three Months Ended February 28, 2023
(in thousands)	Foreign Currency Translation		Derivatives		Defined Benefit Pension Plans		Total AOCI
Balance, December 1, 2022	$	(204,468)	$	199,317	$	(5,038)	$	(10,189)
Other comprehensive income (loss) before reclassifications(1)	11,628		23,957		(37)		35,548
Reclassification for gain(2)	—		(863)		—		(863)
Net other comprehensive income (loss)	11,628		23,094		(37)		34,685
Balance, February 28, 2023	$	(192,840)	$	222,411	$	(5,075)	$	24,496

	Six Months Ended February 28, 2023
(in thousands)	Foreign Currency Translation		Derivatives		Defined Benefit Pension Plans		Total AOCI
Balance, September 1, 2022	$	(245,897)	$	138,242	$	(6,796)	$	(114,451)
Other comprehensive income before reclassifications(1)	53,057		92,002		1,721		146,780
Reclassification for gain(2)	—		(7,833)		—		(7,833)
Net other comprehensive income	53,057		84,169		1,721		138,947
Balance, February 28, 2023	$	(192,840)	$	222,411	$	(5,075)	$	24,496

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(1) Other comprehensive income (loss) ("OCI") before reclassifications from derivatives is presented net of income tax benefit (expense) of $11.3 million and $21.4 million for the three and six months ended February 29, 2024, respectively, and $(5.4) million and $(21.2) million for the three and six months ended February 28, 2023, respectively. OCI before reclassifications from defined benefit pension plans is presented net of immaterial tax benefit (expense) for each period presented.

(2) Reclassifications for gains from derivatives included in net earnings are primarily recorded in cost of goods sold in the condensed consolidated statements of earnings and are presented net of immaterial tax expenses for each period presented.