v3.26.3
ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)
12 Months Ended
Aug. 31, 2026
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of accumulated other comprehensive income (loss)
Accumulated other comprehensive loss ("AOCL") was comprised of the following:
(in thousands)Foreign Currency TranslationDerivativesDefined Benefit Pension PlansTotal AOCL
Balance, September 1, 2023$(126,045)$135,257 $(12,990)$(3,778)
Other comprehensive income (loss) before reclassifications(1)
49,191 (129,678)708 (79,779)
Reclassification for gain and other(2)(3)
— (1,965)(430)(2,395)
Net other comprehensive income (loss)
49,191 (131,643)278 (82,174)
Balance at August 31, 2024(76,854)3,614 (12,712)(85,952)
Other comprehensive income before reclassifications(1)
47,932 16,944 1,802 66,678 
Reclassification for gain and other(2)(3)
— (5,565)(412)(5,977)
Net other comprehensive income
47,932 11,379 1,390 60,701 
Balance at August 31, 2025(28,922)14,993 (11,322)(25,251)
Other comprehensive income (loss) before reclassifications(1)
(14,180)19,426 1,684 6,930 
Reclassification for gain and other(2)(3)
— (10,536)(318)(10,854)
Net other comprehensive income (loss)
(14,180)8,890 1,366 (3,924)
Balance at August 31, 2026$(43,102)$23,883 $(9,956)$(29,175)
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(1) Other comprehensive income (loss) ("OCI") before reclassifications from derivatives is presented net of income tax benefit (expense) of $(4.5) million, $(4.0) million and $30.6 million for 2026, 2025 and 2024, 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 are primarily recorded in cost of goods sold in the consolidated statements of earnings and are presented net of income tax expense of $2.5 million for 2026 and are presented net of immaterial income tax impacts for both 2025 and 2024.
(3) Reclassification from defined benefit pension plans include settlement losses and other items such as amortization of unrecognized gains or losses that are recorded in SG&A expenses in the consolidated statements of earnings and are presented net of immaterial income tax impacts.