LEASES (Tables)

9 Months Ended

May 31, 2026

Schedule of Future Minimum Lease Commitments

The following table presents our future minimum lease payments and a reconciliation to the combined Current lease liabilities and Long-term lease liabilities in the Consolidated Balance Sheets as of May 31, 2026:


(in thousands)	Minimum Lease Payments
Fiscal Years ended August 31,
2026 (remaining three months)	$	10,395
2027	41,696
2028	37,633
2029	32,223
2030	27,196
Thereafter	60,014
Total minimum lease payments	$	209,157
Less: Imputed interest	28,216
Total lease liabilities	$	180,941

Schedule of Lease Cost and Other Information Related to Leases

The following table includes components of our occupancy costs:


	Three Months Ended				Nine Months Ended
	May 31,				May 31,
(in thousands)	2026		2025		2026		2025
Operating lease costs(1)	$	8,084	$	7,974	$	24,269	$	23,152
Variable lease costs(2)	$	4,624	$	4,031	$	13,814	$	13,696

(1) Operating lease costs include costs associated with fixed lease payments and index-based variable payments that qualified for lease accounting under ASC 842, Leases and complied with the practical expedients and exceptions we elected.

(2) Variable lease costs include costs that are not fixed and are not dependent on an index or rate. These costs were not included in the measurement of lease liabilities and primarily include variable non-lease costs, such as utilities, real estate taxes, insurance and maintenance, as well as lease costs for those leases that qualified for the short-term lease exception.

The following table summarizes our weighted average remaining lease term and weighted average discount rate related to our operating leases recorded on the Consolidated Balance Sheets:


	As of May 31, 2026		As of August 31, 2025
Weighted average remaining lease term (in years)	6.2		6.1
Weighted average discount rate (IBR)	4.8	%	4.7	%

The following table summarizes supplemental cash flow information related to our operating leases:


	Nine Months Ended
	May 31,
(in thousands)	2026		2025
Cash paid for amounts included in the measurement of lease liabilities	$	29,807	$	30,218
Lease ROU assets obtained in exchange for lease liabilities(1)	$	23,875	$	5,175
Reductions to ROU assets resulting from reductions to lease liabilities(2)	$	—	$	(5,528)

(1)Primarily includes new lease arrangements entered into during the respective period and contract modifications that extend our lease terms and/or provide additional rights.

(2)Primarily relates to lease term reassessments based on contractual options to early terminate, resulting in a reduction to the lease liability and the corresponding lease ROU asset.