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Accumulated Other Comprehensive Loss (Tables)
 3 Months Ended
Nov. 30, 2024
Equity [Abstract]  
Components of Accumulated Other Comprehensive Loss, Net of Tax

Accumulated other comprehensive loss, net of tax effect as appropriate, consisted of the following:

(in millions)

 

Unrealized Gain (Loss) on Derivative Financial Instruments

 

 

Foreign Currency Translation Adjustment

 

 

Other

 

 

Accumulated Other Comprehensive Loss

 

Balance, August 31, 2024

 

$

15.2

 

 

$

(47.0

)

 

$

(2.2

)

 

$

(34.0

)

Other comprehensive gain (loss) before reclassifications

 

 

7.2

 

 

 

(11.3

)

 

 

—

 

 

 

(4.1

)

Amounts reclassified from Accumulated other comprehensive loss

 

 

(3.5

)

 

 

—

 

 

 

—

 

 

 

(3.5

)

Balance, November 30, 2024

 

$

18.9

 

 

$

(58.3

)

 

$

(2.2

)

 

$

(41.6

)

 
Amounts Reclassified out of Accumulated Other Comprehensive Loss

The amounts reclassified out of Accumulated other comprehensive loss into the Condensed Consolidated Statements of Income, with financial statement caption, were as follows:

 

 

 

Three months ended
November 30,

 

 

 

(in millions)

 

2024

 

 

2023

 

 

Financial Statement Caption

Gain on derivative financial instruments:

 

 

 

 

 

 

 

 

Foreign exchange contracts

 

$

(0.4

)

 

$

(0.1

)

 

Revenue and Cost of revenue

Interest rate swap contracts

 

 

(4.0

)

 

 

(4.3

)

 

Interest and foreign exchange

 

 

(4.4

)

 

 

(4.4

)

 

 

 

 

0.9

 

 

 

0.9

 

 

Income tax expense

 

 

$

(3.5

)

 

$

(3.5

)