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INCOME TAXES (Tables)

12 Months Ended

Aug. 31, 2021

INCOME TAXES [Abstract]

Income from Continuing Operations Before Provision for Income Taxes and Loss of Unconsolidated Affiliates

		Years Ended August 31,
		2021			2020			2019
United States		$	33,818		$	24,771		$	25,167
Foreign			113,368			91,269			85,943
Income from continuing operations before provision for income taxes and loss of unconsolidated affiliates		$	147,186		$	116,040		$	111,110

Significant Components of Income Tax Provision

		Years Ended August 31,
		2021			2020			2019
Current:
U.S. tax expense		$	16,904		$	10,046		$	10,878
Foreign tax expense			35,918			31,122			29,675
Total		$	52,822		$	41,168		$	40,553
Deferred:
U.S. tax benefit		$	(10,212)		$	(5,945)		$	(5,978)
U.S. valuation allowance change			9,777			5,570			6,171
Foreign tax expense (benefit)			(3,125)			(3,157)			966
Foreign valuation allowance change			(293)			128			(4,152)
Total		$	(3,853)		$	(3,404)		$	(2,993)
Provision for income taxes		$	48,969		$	37,764		$	37,560

Schedule of Reconciliation of Effective Tax Rate

		Years Ended August 31,
		2021			2020			2019
Federal tax provision at statutory rates		21.0	%		21.0	%		21.0	%
State taxes, net of federal benefit		0.1			0.1			0.3
Differences in foreign tax rates		6.9			9.7			10.6
Permanent items and other adjustments		(2.2)			(4.4)			(2.1)
Increase in valuation allowance		7.5			6.1			4.0
Provision for income taxes		33.3	%		32.5	%		33.8	%

Significant Components of Deferred Tax Assets

		August 31,
		2021			2020
Deferred tax assets:
U.S. net operating loss carryforward		$	2,866		$	4,416
Foreign tax credits			22,420			12,691
Deferred compensation			2,334			1,357
U.S. timing differences			3,759			3,742
Foreign net operating losses			5,051			4,811
Foreign timing differences:
Accrued expenses and other timing differences			7,636			6,808
Depreciation and amortization			10,498			9,043
Deferred income			6,422			5,241
Gross deferred tax assets			60,986			48,109
U.S. deferred tax liabilities (depreciation and other timing differences)			(4,083)			(4,679)
Foreign deferred tax liabilities netted against deferred tax assets			(5,753)			(4,311)
U.S. valuation allowance			(22,523)			(12,746)
Foreign valuation allowance			(4,402)			(4,701)
Net deferred tax assets		$	24,225		$	21,672

Reconciliation of Unrecognized Tax Benefits

		Years Ended August 31,
		2021			2020				2019
Balance at beginning of fiscal year		$	4,573		$	6,490			$	7,005
Gross increase - tax positions in prior period			135			464				530
Gross decrease - tax positions in prior period			(306)			—				—
Additions based on tax positions related to the current year			333			186				94
Expiration of the statute of limitations for the assessment of taxes			(824)			(2,567)				(1,139)
Balance at end of fiscal year		$	3,911		$	4,573			$	6,490

Summary of Income Tax Examinations

Tax Jurisdiction		Fiscal Years Subject to Audit
U.S. federal		2005, 2007, 2011* to 2016*, 2017 to the present
California (U.S.) (state return)		2005 and 2017 to the present
Florida (U.S.) (state return)		2011* to 2017*, 2018 to the present
Aruba		2016 to the present
Barbados		2015 to the present
Costa Rica		2011 to 2012, 2015 to the present
Colombia		2016 to the present
Dominican Republic		2011 to 2012 and 2016 to the present
El Salvador		2018 to the present
Guatemala		2012 to 2013, 2017 the present
Honduras		2016 to the present
Jamaica		2015 to the present
Mexico		2016 to the present
Nicaragua		2017 to the present
Panama		2017*, 2018 to the present
Trinidad		2015 to the present
U.S. Virgin Islands		2001 to the present
Spain		2018 to the present
Chile		2018* to the present
*Aeropost only

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