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Benefit Plans
6 Months Ended
Feb. 29, 2020
Retirement Benefits [Abstract]  
Benefit plans
Benefit Plans

We have various pension and other defined benefit and defined contribution plans, in which substantially all employees may participate. We also have nonqualified supplemental executive and Board retirement plans.

Components of net periodic benefit costs for the three and six months ended February 29, 2020, and February 28, 2019, are as follows:
 
Three Months Ended
 
Qualified
Pension Benefits
 
Nonqualified
Pension Benefits
 
Other Benefits
 
February 29, 2020
 
February 28, 2019
 
February 29, 2020
 
February 28, 2019
 
February 29, 2020
 
February 28, 2019
Components of net periodic benefit costs:
 (Dollars in thousands)
Service cost
$
10,538

 
$
9,648

 
$
101

 
$
78

 
$
262

 
$
263

Interest cost
5,431

 
7,099

 
107

 
187

 
187

 
274

Expected return on assets
(11,671
)
 
(11,242
)
 

 

 

 

Prior service cost (credit) amortization
45

 
42

 
(28
)
 
(19
)
 
(111
)
 
(139
)
Actuarial loss (gain) amortization
5,396

 
3,087

 
25

 
1

 
(348
)
 
(407
)
Settlement loss

 
169

 

 

 

 

Net periodic benefit cost
$
9,739

 
$
8,803

 
$
205

 
$
247

 
$
(10
)
 
$
(9
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Six Months Ended
 
Qualified
Pension Benefits
 
Nonqualified
Pension Benefits
 
Other Benefits
 
February 29, 2020
 
February 28, 2019
 
February 29, 2020
 
February 28, 2019
 
February 29, 2020
 
February 28, 2019
Components of net periodic benefit costs:
 (Dollars in thousands)
Service cost
$
21,076

 
$
19,296

 
$
203

 
$
155

 
$
525

 
$
527

Interest cost
10,861

 
14,198

 
214

 
374

 
374

 
547

Expected return on assets
(23,342
)
 
(22,484
)
 

 

 

 

Prior service cost (credit) amortization
89

 
85

 
(57
)
 
(37
)
 
(223
)
 
(278
)
Actuarial loss (gain) amortization
10,791

 
6,174

 
49

 
1

 
(696
)
 
(814
)
Settlement loss

 
169

 

 

 

 

Net periodic benefit cost
$
19,475

 
$
17,438

 
$
409

 
$
493

 
$
(20
)
 
$
(18
)


The service cost component of defined benefit net periodic benefit cost is recorded in cost of goods sold and marketing, general and administrative expenses. The other components of net periodic benefit cost are recorded in other income.

Employer Contributions

Any contributions made during fiscal 2020 will depend primarily on market returns on the pension plan assets and minimum funding level requirements. No contributions were made to the pension plans during the six months ended February 29, 2020, and we do not currently anticipate being required to make contributions for our pension plans in fiscal 2020.