v3.26.1
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
May 31, 2026
May 31, 2025
May 31, 2026
May 31, 2025
Statement of Comprehensive Income [Abstract]        
Net income $ 39,691 $ 35,158 $ 128,948 $ 116,346
Other comprehensive income, net of tax:        
Foreign currency translation adjustments [1] 14,316 2,048 48,708 6,540
Defined benefit pension plan:        
Net gain (loss) arising during period 10 (8) 16 (16)
Amortization of prior service cost and actuarial gains included in net periodic pensions cost 42 57 128 192
Total defined benefit pension plan 52 49 144 176
Derivative instruments:        
Unrealized gains (losses) on change in derivative obligations [2] 1,243 (333) 5,497 2,348
Unrealized gains (losses) on change in fair value of cash flow hedges [2] (1,653) 6 (2,448) (6,304)
Amounts reclassified from accumulated other comprehensive income to net income for settlement of derivatives [2] 271 0 271 2,960
Total derivative instruments [2] (139) (327) 3,320 (996)
Other comprehensive income 14,229 1,770 52,172 5,720
Comprehensive income $ 53,920 $ 36,928 $ 181,120 $ 122,066
[1] Translation adjustments arising in translating the financial statements of a foreign entity have no effect on the income taxes of that foreign entity. They may, however, affect: (a) the amount, measured in the parent entity's reporting currency, of withholding taxes assessed on dividends paid to the parent entity and (b) the amount of taxes assessed on the parent entity by the government of its country. The Company has determined that the reinvestment of earnings of its foreign subsidiaries is indefinite because of the long-term nature of the Company's foreign investment plans. Therefore, deferred taxes are not provided for on translation adjustments related to non-remitted earnings of the Company's foreign subsidiaries.
[2] See Note 8 - Derivative Instruments and Hedging Activities.