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Debt (Tables) | 12 Months Ended
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Aug. 31, 2019
Debt Disclosure [Abstract] |
Long-Term Indebtedness | The following is a summary of the Company’s long-term indebtedness (in thousands):
| August 31,
| 2019 |  | 2018
Previous Senior Credit Facility |  |  |
Revolver | $ | — |  |  | $ | — |
Term Loan | — |  |  | 247,500 |
Total Previous Senior Credit Facility | — |  |  | 247,500 |
New Senior Credit Facility |  |  |
Revolver | — |  |  | — |
Term Loan | 175,000 |  |  | — |
Total New Senior Credit Facility | 175,000 |  |  | — |
5.625% Senior Notes | 287,559 |  |  | 287,559 |
Total Senior Indebtedness | 462,559 |  |  | 535,059 |
Less: Current maturities of long-term debt | (7,500 | ) |  | (30,000 | )
Debt issuance costs | (2,114 | ) |  | (2,364 | )
Total long-term debt, less current maturities | $ | 452,945 |  |  | $ | 502,695 |
Schedule of Maturities of Long-term Debt [Table Text Block] | As of August 31, 2019, future debt maturities for each of the next five fiscal years were as follows (in thousands):
Fiscal Year |  | Term Loan |  | Senior Notes |  | Total
2020 |  | $ | 7,500 |  |  | $ | — |  |  | $ | 7,500 |
2021 |  | 12,500 |  |  | — |  |  | 12,500 |
2022 |  | 17,500 |  |  | 287,559 |  |  | 305,059 |
2023 |  | 20,000 |  |  | — |  |  | 20,000 |
2024 |  | 117,500 |  |  | — |  |  | 117,500 |
|  | $ | 175,000 |  |  | $ | 287,559 |  |  | $ | 462,559 |

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- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28541-108399 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21506-112644 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28551-108399 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21521-112644 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21538-112644 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644 + Details
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- Definition Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
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