Quarterly report pursuant to Section 13 or 15(d)

Restructuring Charges (Tables)

v3.24.1.1.u2
Restructuring Charges (Tables)
9 Months Ended
May 31, 2024
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, respectively, associated with the accelerated vesting of equity awards which has no impact on the restructuring reserve) for the IT&S segment and Corporate for the nine months ended May 31, 2024 (in thousands):
Nine Months Ended May 31, 2024
IT&S Corporate
Balance as of August 31, 2023 $ 2,238  $ 74 
Restructuring charges 4,126  235 
Cash payments (3,509) (309)
Impact of changes in foreign currency rates —  — 
Balance as of May 31, 2024 $ 2,855  $ — 
Nine Months Ended May 31, 2023
IT&S Corporate
Balance as of August 31, 2022 $ 2,008  $ 797 
Restructuring charges 4,570  1,038 
Cash payments (4,646) (1,734)
Impact of changes in foreign currency rates 122 
Balance as of May 31, 2023 $ 2,054  $ 103