Quarterly report pursuant to Section 13 or 15(d)

Restructuring Charges (Tables)

v3.23.2
Restructuring Charges (Tables)
 9 Months Ended
May 31, 2023
Restructuring and Related Activities [Abstract]  
Restructuring and Related Costs [Table Text Block]
The following summarizes restructuring reserve activity (which for the nine months ended May 31, 2023 excludes $0.6 million of charges associated with ASCEND transformation plan, and for the nine months ended May 31, 2022 excludes $0.8 million and $0.5 million of charges associated with the 2019 Plan for IT&S and Corporate, respectively, associated with the accelerated vesting of equity awards which has no impact on the restructuring reserve) for the IT&S segment and Corporate (in thousands):
Nine Months Ended May 31, 2023
2019 Plan ASCEND Plan
IT&S Corporate IT&S Corporate
Balance as of August 31, 2022 $ 212  $ 6  $ 2,008  $ 797 
Restructuring charges 56  —  4,570  1,038 
Cash payments (87) —  (4,646) (1,734)
Other non-cash uses of reserve (84) —  —  — 
Impact of changes in foreign currency rates 3  —  122  2 
Balance as of May 31, 2023 $ 100  $ 6  $ 2,054  $ 103 
Nine Months Ended May 31, 2022
IT&S Corporate
Balance as of August 31, 2021 $ 1,737  $ 26 
Restructuring charges 2,818  1,050 
Cash payments (3,385) (1,069)
Impact of changes in foreign currency rates (79) — 
Balance as of May 31, 2022 $ 1,091  $ 7