Quarterly report pursuant to Section 13 or 15(d)

Restructuring Charges (Tables)

v3.23.4
Restructuring Charges (Tables)
 3 Months Ended
Nov. 30, 2023
Restructuring and Related Activities [Abstract]  
Restructuring and Related Costs [Table Text Block]
The following summarizes restructuring reserve activity for the IT&S segment and Corporate (which for the three months ended November 30, 2023 excludes $0.2 million of charges associated with the accelerated vesting of equity awards within the ASCEND transformation plan, which has no impact on the restructuring reserve) (in thousands):
Three Months Ended November 30, 2023
IT&S Corporate
Balance as of August 31, 2023 $ 2,238  $ 74 
Restructuring charges 2,062  174 
Cash payments (1,312) (75)
Balance as of November 30, 2023 $ 2,988  $ 173 
Three Months Ended November 30, 2022
IT&S Corporate
Balance as of August 31, 2022 $ 2,008  $ 797 
Restructuring charges 944  38 
Cash payments (1,211) (117)
Impact of changes in foreign currency rates 67  — 
Balance as of November 30, 2022 $ 1,808  $ 718