v3.26.1
ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)
6 Months Ended
Feb. 28, 2026
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of accumulated other comprehensive income (loss)
The following tables reflect the changes in accumulated other comprehensive loss ("AOCL"):
Three Months Ended February 28, 2026
(in thousands)Foreign Currency TranslationDerivativesDefined Benefit Pension PlansTotal AOCL
Balance, December 1, 2025$(31,347)$15,477 $(11,347)$(27,217)
Other comprehensive income (loss) before reclassifications(1)
19,573 5,030 (25)24,578 
Reclassification for gain(2)
— (5,114)— (5,114)
Net other comprehensive income (loss)
19,573 (84)(25)19,464 
Balance, February 28, 2026$(11,774)$15,393 $(11,372)$(7,753)
Six Months Ended February 28, 2026
(in thousands)Foreign Currency TranslationDerivativesDefined Benefit Pension PlansTotal AOCL
Balance, September 1, 2025$(28,922)$14,993 $(11,322)$(25,251)
Other comprehensive income (loss) before reclassifications(1)
17,148 7,863 (50)24,961 
Reclassification for gain(2)
— (7,463)— (7,463)
Net other comprehensive income (loss)
17,148 400 (50)17,498 
Balance, February 28, 2026$(11,774)$15,393 $(11,372)$(7,753)
Three Months Ended February 28, 2025
(in thousands)Foreign Currency TranslationDerivativesDefined Benefit Pension PlansTotal AOCL
Balance, December 1, 2024$(111,811)$2,678 $(12,722)$(121,855)
Other comprehensive income (loss) before reclassifications(1)
2,653 22,695 (10)25,338 
Reclassification for gain(2)
— (2,472)— (2,472)
Net other comprehensive income (loss)
2,653 20,223 (10)22,866 
Balance, February 28, 2025$(109,158)$22,901 $(12,732)$(98,989)
Six Months Ended February 28, 2025
(in thousands)Foreign Currency TranslationDerivativesDefined Benefit Pension PlansTotal AOCL
Balance, September 1, 2024$(76,854)$3,614 $(12,712)$(85,952)
Other comprehensive income (loss) before reclassifications(1)
(32,304)23,115 (20)(9,209)
Reclassification for gain(2)
— (3,828)— (3,828)
Net other comprehensive income (loss)
(32,304)19,287 (20)(13,037)
Balance, February 28, 2025$(109,158)$22,901 $(12,732)$(98,989)
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(1) Other comprehensive income (loss) ("OCI") before reclassifications from derivatives is presented net of income tax expense of $1.1 million and $1.8 million for the three and six months ended February 28, 2026, respectively, and net of income tax expense of $5.4 million and $5.5 million for the three and six months ended February 28, 2025, respectively. OCI before reclassifications from defined benefit pension plans is presented net of immaterial income tax impacts.
(2) Reclassifications for gains from derivatives included in net earnings (loss) are primarily recorded in cost of goods sold in the condensed consolidated statements of earnings (loss) and are presented net of income tax expense of $1.2 million and $1.8 million for the three and six months ended February 28, 2026, respectively, and net of immaterial income tax impacts for the three and six months ended February 28, 2025.