XML 29 R57.htm IDEA: XBRL DOCUMENT v3.19.3
Accrued And Other Liabilities (Schedule Of Accrued Liabilities) (Details)
$ in Thousands, £ in Millions
Aug. 31, 2019
GBP (£)
Aug. 31, 2019
USD ($)
Sep. 04, 2018
USD ($)
Aug. 31, 2018
USD ($)
Line of Credit Facility [Line Items]        
Accrued advertising and sales promotion expenses   $ 10,438   $ 11,972
Accrued professional services fees   1,744   1,712
Accrued sales taxes and other taxes   1,418   1,642
Accrued liability forward contract [1]       6,893
Other [2]   4,913   4,021
Total   18,513   26,240
Other current assets   7,216   13,337
Milton Keynes, England [Member]        
Line of Credit Facility [Line Items]        
Other £ 1.4 $ 1,700    
Bank Of America [Member]        
Line of Credit Facility [Line Items]        
Accrued liability forward contract     $ 6,900  
Other       6,900
Other current assets       $ 6,900
[1] This accrued liability relates to a foreign currency forward contract that the Company’s U.K. subsidiary entered into with Bank of America to sell U.S. Dollars and receive Pound Sterling. This foreign currency forward contract matured on August 30, 2018, but the settlement of the currencies in the amount of $6.9 million did not occur until September 4, 2018. As a result, as of August 31, 2018, the Company owed Bank of America $6.9 million which was recorded in accrued and other liabilities. Bank of America also owed the Company $6.9 million equivalent in Pound Sterling and this was recorded in other current assets as of August 31, 2018.
[2] At August 31, 2019, other accrued liabilities on the balance sheet included £1.4 million Pound Sterling ($1.7 million in U.S. Dollars as converted at exchange rates as of August 31, 2019) associated with capital costs related to buildout costs of the Company’s new office building in Milton Keynes, England. This new office building will house employees of the Company’s EMEA segment that are based in the United Kingdom.