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DERIVATIVES (Tables) | 12 Months Ended
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Aug. 31, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Commodity Contract Commitments | The following table provides information regarding the Company's commodity contract commitments as of August 31, 2025:
Commodity |  | Position |  | Total
Copper |  | Long |  | 261 |  |  | MT
Copper |  | Short |  | 6,169 |  |  | MT
Electricity |  | Long |  | 2,859,000 |  |  | MW(h)
Natural Gas |  | Long |  | 4,832,000 |  |  | MMBtu
__________________________________ MT = Metric ton MW(h) = Megawatt hour MMBtu = Million British thermal unit The following table summarizes the effects of derivatives not designated as hedging instruments on the consolidated statements of earnings. All other activity related to these derivatives was immaterial for the periods presented.
|  |  |  | Year Ended August 31,
Gain (Loss) on Derivatives Not Designated as Hedging Instruments (in thousands) |  | Primary Location |  | 2025 |  | 2024 |  | 2023
Commodity |  | Cost of goods sold |  | $ | 1,928 |  |  | $ | (10,195) |  |  | $ | (3,028) |
Foreign exchange |  | SG&A expenses |  | 11,865 |  |  | 6,974 |  |  | 12,265 |
The following table summarizes the effects of derivatives designated as cash flow hedging instruments on the consolidated statements of comprehensive income and consolidated statements of earnings. The amounts presented exclude the effects of foreign currency translation adjustments.
Effective Portion of Derivatives Designated as Cash Flow Hedging Instruments Gain (Loss) Recognized in OCI, Net of Income Taxes (in thousands) |  | Year Ended August 31,
| 2025 |  | 2024 |  | 2023
Commodity |  | $ | 16,926 |  |  | $ | (129,709) |  |  | $ | 6,367 |
Foreign exchange |  | 18 |  |  | 31 |  |  | 28 |
Gain on Derivatives Designated as Cash Flow Hedging Instruments Reclassified from AOCL into Net Earnings (in thousands) |  |  |  | Year Ended August 31,
| Primary Location |  | 2025 |  | 2024 |  | 2023
Commodity |  | Cost of goods sold |  | $ | 6,661 |  |  | $ | 2,031 |  |  | $ | 11,325 |
Foreign exchange |  | SG&A expenses |  | 143 |  |  | 250 |  |  | 244 |
Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position, Location | The following table summarizes the location and fair value amounts of the Company's derivative instruments as reported in the consolidated balance sheets:
(in thousands) |  | Primary Location |  | August 31, 2025 |  | August 31, 2024
Derivative assets: |  |  |  |  |  |
Commodity |  | Prepaid and other current assets |  | $ | 14,957 |  |  | $ | 9,823 |
Commodity |  | Other noncurrent assets |  | 43,944 |  |  | 30,402 |
Foreign exchange |  | Prepaid and other current assets |  | 4,809 |  |  | 419 |
Derivative liabilities: |  |  |  |  |  |
Commodity |  | Other accrued expenses and payables |  | $ | 282 |  |  | $ | 3,445 |
Commodity |  | Other noncurrent liabilities |  | — |  |  | 157 |
Foreign exchange |  | Other accrued expenses and payables |  | 809 |  |  | 1,885 |
Foreign exchange |  | Other noncurrent liabilities |  | 12 |  |  | — |

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- Definition Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item. + References No definition available. + Details
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- Definition Tabular disclosure of derivative instruments (including nonderivative instruments that are designated and qualify as hedging instruments) of (a) the location and amount of gains and losses reported in the statement of financial performance and (b) the location and fair value amounts of the instruments reported in the statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4E -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4E Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4C -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4C + Details
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