v3.26.3
POST EMPLOYMENT PLANS (Tables)
 12 Months Ended
Aug. 31, 2026
Retirement Benefits [Abstract]  
Schedule of Defined Benefit Plans
The following table summarizes the amount of the funding obligation and the line items in which it is recorded on the consolidated balance sheets as of August 31, 2026 and 2025 and consolidated statements of income for the fiscal years ended August 31, 2026, 2025 and 2024 (in thousands):
Other Long-Term
Liability		Accumulated Other
Comprehensive Loss		Operating Expenses
August 31,Year Ended August 31,
2026202520262025202620252024
Start of period$(5,499)$(5,510)$1,558$2,357$—$—$—
Service cost(177)(456)——529549555
Interest cost(318)(307)——318307289
Prior service cost (including amortization)— —(21)(25)212524
Actuarial gains/(losses)444 774 (444)(774)150246373
Totals$(5,550)$(5,499)$1,093 $1,558 
(1)
$1,018 $1,127 $1,241 
(1)The Company has recorded a deferred tax asset of $357,000 and $504,000 as of August 31, 2026 and 2025, respectively, relating to the unrealized expense on defined benefit plans. The Company also recorded accumulated other comprehensive loss, net of tax, for $737,000 and $1,056,000 as of August 31, 2026 and 2025, respectively.
Schedule of Assumptions Used
The valuation assumptions used to calculate the liability for the defined benefit plans differ based on the country where the plan applies. These assumptions are summarized as follows:
Year Ended August 31,
Valuation Assumptions:20262025
Discount rate
5.4% to 11.9%
5.4% to 10.9%
Future salary escalation
3.0% to 4.0%
3.5% to 4.0%
Percentage of employees assumed to withdraw from Company without a benefit (“turnover”)
7.9% to 12.0%
7.4% to 15.0%
Percentage of employees assumed to withdraw from Company with a benefit (“disability”)
0.5% to 1.5%
0.5% to 1.5%
Schedule of Net Periodic Benefit Cost
For the fiscal year ending August 31, 2027, the Company expects to recognize, as components of net periodic benefit cost, the following amounts currently recorded in accumulated other comprehensive loss (in thousands):
Prior service cost$14
Amortization of actuarial loss141
Total$155
Summary of Other Post-Employment Plans
The following table summarizes the amounts recorded on the balance sheet and amounts expensed on the consolidated statements of income (in thousands):
Accrued Salaries
and Benefits
Other Long-Term Liability
Restricted Cash
Held (1)
Operating Expenses
Years Ended August 31,
202620252026202520262025202620252024
Other Post Employment Plans$1,708 $1,029 $6,895 $6,220 $6,539 $5,907 $2,710 $2,125 $2,130 
(1)With some locations, local statutes require the applicable Company subsidiary to deposit cash in its own name with designated fund managers. The funds earn interest, which the Company recognizes as interest income.