v3.26.3
DEBT (Tables)
 12 Months Ended
Aug. 31, 2026
Debt Disclosure [Abstract]  
Schedule of Debt Obligations Our debt obligations as of August 31, 2026 and August 31, 2025 consisted of the following:
(in thousands)Issuance DateContractual Maturity DateAugust 31, 2026August 31, 2025
Current debt
2027 Notes3/1/20223/1/2027$500,000 $— 
Total unamortized discounts and debt issuance costs on Current debt(2)
(564)— 
Total Current debt$499,436 $— 
Long-term debt
2025 Term Facility(1)
4/8/20258/28/2029$375,000 $375,000 
2027 Notes3/1/20223/1/2027— 500,000 
2032 Notes3/1/20223/1/2032500,000 500,000 
Unamortized discounts and debt issuance costs(2)
(4,414)(6,740)
Total Long-term debt$870,586 $1,368,260 
Total debt
$1,370,022 $1,368,260 
(1) On August 28, 2026, we amended the 2025 Credit Agreement. Refer to 2025 Credit Agreement within this section below, for more information.
(2) Debt issuance costs are presented in the Consolidated Balance Sheets as a direct deduction from the carrying amount of the debt liability for the 2025 Term Facility, 2027 Notes and 2032 Notes. For the 2025 Revolving Facility, debt issuance costs are presented within Other assets, as such, they are excluded from the table above.
Schedule of Annual Maturities of Debt Obligations
As of August 31, 2026, annual maturities on our debt obligations, based on contractual maturity dates, were as follows:
(in thousands)
Maturities
Fiscal Years Ended August 31,
2027$500,000 
2028— 
2029375,000 
2030— 
2031— 
Thereafter500,000 
Total$1,375,000 
Schedule of Interest Expense
The following table presents the interest expense on our outstanding debt which is a component of Interest expense in our Consolidated Statements of Income.
Years Ended August 31,
(in thousands)
202620252024
Interest expense on outstanding debt$54,444 $57,749 $65,412