Jabil (JBL) 10-Q9 Jan 172017 Q1 Quarterly reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
Document and Entity Information - shares	Nov. 30, 2016	Dec. 26, 2016
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Nov. 30, 2016
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1
Trading Symbol	JBL
Entity Registrant Name	JABIL CIRCUIT INC
Entity Central Index Key	898,293
Current Fiscal Year End Date	--11-30
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		182,230,937

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Nov. 30, 2016	Aug. 31, 2016
Current assets:
Cash and cash equivalents	$ 747,415	$ 912,059
Accounts receivable, net of allowance for doubtful accounts of $12,874 at November 30, 2016 and $11,094 at August 31, 2016	1,519,651	1,359,610
Inventories	2,506,199	2,456,612
Prepaid expenses and other current assets	1,310,151	1,120,100
Total current assets	6,083,416	5,848,381
Property, plant and equipment, net of accumulated depreciation of $2,841,360 at November 30, 2016 and $2,721,972 at August 31, 2016	3,279,844	3,331,879
Goodwill	590,935	594,773
Intangible assets, net of accumulated amortization of $240,576 at November 30, 2016 and $232,618 at August 31, 2016	287,268	296,954
Deferred income taxes	165,102	148,859
Other assets	137,281	101,831
Total assets	10,543,846	10,322,677
Current liabilities:
Current installments of notes payable, long-term debt and capital lease obligations	43,198	45,810
Accounts payable	3,867,345	3,593,195
Accrued expenses	1,946,554	1,929,051
Total current liabilities	5,857,097	5,568,056
Notes payable, long-term debt and capital lease obligations, less current installments	2,067,712	2,074,012
Other liabilities	85,054	78,018
Income tax liabilities	89,174	90,804
Deferred income taxes	52,847	54,290
Total liabilities	8,151,884	7,865,180
Commitments and contingencies
Jabil Circuit, Inc. stockholders' equity:
Preferred stock, $0.001 par value, authorized 10,000,000 shares; no shares issued and no shares outstanding
Common stock, $0.001 par value, authorized 500,000,000 shares; 251,577,000 and 249,763,699 shares issued and 183,102,940 and 186,998,472 shares outstanding at November 30, 2016 and August 31, 2016, respectively	252	250
Additional paid-in capital	2,034,232	2,034,525
Retained earnings	1,733,208	1,660,820
Accumulated other comprehensive loss	(52,915)	(39,877)
Treasury stock at cost, 68,474,060 and 62,765,227 shares at November 30, 2016 and August 31, 2016, respectively	(1,340,832)	(1,217,547)
Total Jabil Circuit, Inc. stockholders' equity	2,373,945	2,438,171
Noncontrolling interests	18,017	19,326
Total equity	2,391,962	2,457,497
Total liabilities and equity	$ 10,543,846	$ 10,322,677

CONDENSED CONSOLIDATED BALANCE3

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Nov. 30, 2016	Aug. 31, 2016
Statement of Financial Position [Abstract]
Accounts receivable, allowance for doubtful accounts	$ 12,874	$ 11,094
Property, plant and equipment, accumulated depreciation	2,841,360	2,721,972
Intangible assets, accumulated amortization	$ 240,576	$ 232,618
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued
Preferred stock, shares outstanding
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	500,000,000	500,000,000
Common stock, shares issued	251,577,000	249,763,699
Treasury stock, shares	68,474,060	62,765,227

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Nov. 30, 2016	Nov. 30, 2015
Income Statement [Abstract]
Net revenue	$ 5,104,898	$ 5,207,977
Cost of revenue	4,673,392	4,724,442
Gross profit	431,506	483,535
Operating expenses:
Selling, general and administrative	214,052	251,547
Research and development	7,623	8,292
Amortization of intangibles	8,322	7,840
Restructuring and related charges	35,902	1,353
Operating income	165,607	214,503
Other expense	4,680	1,765
Interest income	(2,455)	(2,064)
Interest expense	32,844	33,035
Income before income tax	130,538	181,767
Income tax expense	43,837	49,852
Discontinued operations:
Net income	86,701	131,915
Net (loss) income attributable to noncontrolling interests, net of tax	(1,326)	30
Net income attributable to Jabil Circuit, Inc.	$ 88,027	$ 131,885
Basic:
Net income [per share]	$ 0.48	$ 0.69
Diluted:
Net income [per share]	$ 0.47	$ 0.68
Weighted average shares outstanding:
Basic	185,292	190,355
Diluted	187,856	193,243
Cash dividends declared per common share	$ 0.08	$ 0.08

CONDENSED CONSOLIDATED STATEME5

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended
	Nov. 30, 2016	Nov. 30, 2015
Statement of Comprehensive Income [Abstract]
Net income	$ 86,701	$ 131,915
Other comprehensive income:
Foreign currency translation adjustment	(23,619)	(20,542)
Changes in fair value of derivative instruments, net of tax	8,234	(909)
Reclassification of net losses realized and included in net income related to derivative instruments, net of tax	3,597	11,064
Unrealized (loss) gain on available for sale securities	(1,250)	1,709
Other comprehensive loss	(13,038)	(8,678)
Comprehensive income	73,663	123,237
Comprehensive (loss) income attributable to noncontrolling interests	(1,326)	30
Comprehensive income attributable to Jabil Circuit, Inc.	$ 74,989	$ 123,207

CONDENSED CONSOLIDATED STATEME6

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - 3 months ended Nov. 30, 2016 - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive (Loss) Income	Treasury Stock	Noncontrolling Interests
Balance at Aug. 31, 2016	$ 2,457,497	$ 250	$ 2,034,525	$ 1,660,820	$ (39,877)	$ (1,217,547)	$ 19,326
Balance (in shares) at Aug. 31, 2016		186,998,472
Shares issued upon exercise of stock options (in shares)		1,133
Vesting of restricted stock awards		$ 2	(2)
Vesting of restricted stock awards (in shares)		1,812,168
Purchases of treasury stock under employee stock plans	(9,121)					(9,121)
Purchases of treasury stock under employee stock plans (in shares)		(428,623)
Treasury shares purchased	(114,164)					(114,164)
Treasury shares purchased (in shares)		5,280,210
Recognition of stock-based compensation	(291)		(291)
Declared dividends	(15,639)			(15,639)
Comprehensive income	73,663			88,027	(13,038)		(1,326)
Foreign currency adjustments attributable to noncontrolling interests	17						17
Balance at Nov. 30, 2016	$ 2,391,962	$ 252	$ 2,034,232	$ 1,733,208	$ (52,915)	$ (1,340,832)	$ 18,017
Balance (in shares) at Nov. 30, 2016		183,102,940

CONDENSED CONSOLIDATED STATEME7

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Nov. 30, 2016	Nov. 30, 2015
Cash flows from operating activities:
Net income	$ 86,701	$ 131,915
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	188,901	161,363
Restructuring and related charges	12,640
Recognition of stock-based compensation expense and related charges	(291)	24,792
Deferred income taxes	(16,495)	(13,533)
Other, net	4,421	4,307
Changes in operating assets and liabilities, exclusive of net assets acquired:
Accounts receivable	(170,932)	(205,916)
Inventories	(32,520)	11,719
Prepaid expenses and other current assets	(218,379)	(84,182)
Other assets	(34,987)	2,434
Accounts payable, accrued expenses and other liabilities	332,881	112,592
Net cash provided by operating activities	151,940	145,491
Cash flows from investing activities:
Acquisition of property, plant and equipment	(163,866)	(252,098)
Proceeds from sale of property, plant and equipment	1,472	3,027
Cash paid for business and intangible asset acquisitions, net of cash		(67,311)
Issuance of notes receivable		(27,500)
Other, net	(2,033)	(250)
Net cash used in investing activities	(164,427)	(344,132)
Cash flows from financing activities:
Borrowings under debt agreements	1,676,000	1,975,231
Payments toward debt agreements	(1,685,151)	(1,478,213)
Payments to acquire treasury stock	(114,165)	(54,567)
Dividends paid to stockholders	(16,059)	(16,541)
Treasury stock minimum tax withholding related to vesting of restricted stock	(9,119)	(10,282)
Other, net		(1,500)
Net cash provided by (used in) financing activities	(148,494)	414,128
Effect of exchange rate changes on cash and cash equivalents	(3,663)	894
Net decrease in cash and cash equivalents	(164,644)	216,381
Cash and cash equivalents at beginning of period	912,059	913,963
Cash and cash equivalents at end of period	$ 747,415	$ 1,130,344

Basis of Presentation

Basis of Presentation	3 Months Ended
Basis of Presentation	Nov. 30, 2016
Basis of Presentation [Abstract]
Basis of Presentation	1 . Basis of Presentation The accompanying unaudited Condensed Consolidated Financial Statements have been prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP fo r complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) necessary to present fairly the information set forth therein have been included. The Company has made certain reclassification adjustm ents to conform prior periods’ Condensed Consolidated Financial Statements to the current presentation. The accompanying unaudited Condensed Consolidated Financial Statements should be read in conjunction with the Consolidated Financial Statements and foot notes included in the Annual Report on Form 10-K of Jabil Circuit, Inc. (the “Company”) for the fiscal year ended August 31, 2016 . Results for the three month s ended November 30, 2016 are not necessarily an indication of the res ults that may be expected for the full fiscal year ending August 31, 2017 .

Earnings Per Share and Dividend

Earnings Per Share and Dividends	3 Months Ended
Earnings Per Share and Dividends	Nov. 30, 2016
Earnings Per Share and Dividends [Abstract]
Earnings Per Share and Dividends	2 . Earnings Per Share and Dividends a. Earnings Per Share The Company calculates its basic earnings per share by dividing net income attributable to Jabil Circuit, Inc. by the weighted average number of common shares outstanding during the period. The Company’s diluted earnings per share is calculated in a similar manner, but includes the effect of dilutive securities. To the extent these securities are anti-dilutive, they are excluded from the calculation of diluted earnings per share. The following table sets forth the calculations of basic and diluted earnings per share attributable to the stockholders of Jabil Circuit, Inc. (in thousands, except earnings per share data): Three months ended November 30, 2016 November 30, 2015 Numerator: Net income attributable to Jabil Circuit, Inc. $ 88,027 $ 131,885 Denominator for basic and diluted earnings per share: Denominator for basic earnings per share 185,292 190,355 Dilutive common shares issuable under the employee stock purchase plan and upon exercise of stock options and stock appreciation rights 178 155 Dilutive unvested restricted stock awards 2,386 2,733 Denominator for diluted earnings per share 187,856 193,243 Earnings per share attributable to the stockholders of Jabil Circuit, Inc.: Basic $ 0.48 $ 0.69 Diluted $ 0.47 $ 0.68 For the three months ended November 30, 2016 and 2015 , options to purchase 1,406,490 and 2,019,750 stock appreciation rights, respectively, were excluded from the computation of diluted earnings per share as their effect would have been anti-dilutive. b. Dividends The following table sets forth certain information relating to the Company’s cash dividends declared to common stockholders of the Company during the three months ended November 30, 2016 and 2015 (in thousands, except for per share data): Total of Cash Dividend Dividend Dividends Date of Record for Dividend Cash Declaration Date per Share Declared Dividend Payment Payment Date Fiscal Year 2017: October 20, 2016 $ 0.08 $ 15,248 November 15, 2016 December 1, 2016 Fiscal Year 2016: October 14, 2015 $ 0.08 $ 15,906 November 16, 2015 December 1, 2015

Inventories

Inventories	3 Months Ended
Inventories	Nov. 30, 2016
Inventories [Abstract]
Inventories	3. Inventories Inventories consist of the following (in thousands): November 30, 2016 August 31, 2016 Raw materials $ 1,415,787 $ 1,302,481 Work in process 636,757 675,867 Finished goods 494,711 510,485 Reserve for inventory obsolescence (41,056) (32,221) Total inventories, net $ 2,506,199 $ 2,456,612

Stock-Based Compensation

Stock-Based Compensation	3 Months Ended
Stock-Based Compensation	Nov. 30, 2016
Stock-Based Compensation [Abstract]
Stock-Based Compensation	4 . Stock-Based Compensation The Company recognizes stock-based compensation expense, reduced for estimated forfeitures, on a straight-line basis over the requisite service period of the award, which is generally the vesting period for outstanding stock awards. The Company recorded $ (0.3) million and $ 24.8 million of stock-based compensation expense gross of tax effects, which is inc luded in selling, general and administrative expenses within the Condensed Consolidated Statements of Operations during the three months ended November 30, 2016 and 2015 , respectively. During the three months ended November 30, 2016, the C ompany recorded a $ 21.0 million reversal to stock-based compensation expense due to decreased expectations for the vesting of certain performance-based restricted stock awards. The Company recorded tax benefits related to the stock-based com pensation expense of $0.1 million and $0.3 million , which is included in income tax expense within the Condensed Consolidated Statements of Operations for the three months ended November 30, 2016 and 2015 , respectively. The following table summarizes shares available for grant and stock appreciation right s (“SARS”) activity from August 31 , 2016 through November 30, 2016 : Weighted- Weighted- Average Shares Average Average Remaining Available SARS Intrinsic Value Exercise Contractual for Grant Outstanding (in thousands) Price Life (years) Balance at August 31, 2016 4,898,739 2,439,066 $ 1,066 $ 25.32 1.13 SARS canceled 1,331,769 (1,331,769) $ 29.27 Restricted stock awards granted, net of forfeitures (a) 1,231,137 ― SARS exercised ― (28,818) $ 22.52 Balance at November 30, 2016 7,461,645 1,078,479 $ 1,052 $ 20.55 2.08 Exercisable at November 30, 2016 1,078,479 $ 1,052 $ 20.55 2.08 (a) Represents the maximum number of shares that can be issued based on the achievement of certain performance criteria. The following table summarizes restricted stock activity from August 31, 2016 through November 30, 2016: Weighted- Average Grant-Date Shares Fair Value Unvested balance at August 31, 2016 14,777,178 $ 21.09 Changes during the period Shares granted (a) 2,705,180 $ 23.57 Shares vested (1,812,168) $ 21.25 Shares forfeited (3,936,317) $ 20.79 Unvested balance at November 30, 2016 11,733,873 $ 21.74 (a) For those shares granted that are based on the achievement of certain performance criteria, represents the maximum number of shares that can vest. Certain key employees have been granted time-based , performance-based and market-based restricted stock awards. The time-based restricted awards granted generally vest on a graded vesting schedule over three years. The performance-based restricted awards generally vest on a cliff vesting schedule over three to five years and provide a range of vesting possibilities of up to a maximum of 100 % or 150 %, depending on the specified performance condition and the level of achievement obtained. The market -b ased restricted awards generally vest on a cliff vesting schedule over three years and provide a range of vesting possibilities of up to a maximum of 200 % . The market-based awards have a vesting condition that is tied to the Company’s stock performance in relation to the S tandard and Poor’s (S &P ) Super Composite Technology Hardware and Equipment Index. The market conditions are considered in the grant date fair value using a Monte Carlo valuation model, which utilizes multiple input variables to determine t he probability of the Company achieving the specified market conditions. Stock- based compensation expense related to an award with a market condition will be recognized over the requisite service period regardless of whether the market condition is satisfi ed, provided that the requisite service period has been completed. During the three months ended November 30, 2016 and 2015 , the Company awarded approximately 1.0 million and 2.5 million time-based restricted stock units, respectiv ely, 0.6 million and 1.3 million performance-based restricted stock units, respectively and 0.4 million and 0.4 million market-based stock units, respectively. At November 30, 2016 , there was $ 74.6 million of total unreco gnized stock-based compensation expense related to restricted stock awards. This expense is expected to be recognized over a weighted-average period of 1.5 years.

Concentration of Risk and Segme

Concentration of Risk and Segment Data	3 Months Ended
Concentration of Risk and Segment Data	Nov. 30, 2016
Concentration of Risk and Segment Data [Abstract]
Concentration of Risk and Segment Data	5 . Concentration of Risk and Segment Data a. Concentration of Risk Sales of the Company’s products are concentrated among specific customers. During the three months ended November 30, 2016 , the Company’s five largest custom ers accounted for approximately 51 % of its net revenue and 70 customers accounted for approximately 90 % of its net revenue. Sales to these customers were reported in the Electronics Manufacturing Services (“EMS”) and Diversified Manufacturing Services (“DMS”) operating segments. The Company procures components from a broad group of suppliers. Almost all of the products manufactured by the Company require one or more components that are available from only a singl e source. Production levels for a portion of the DMS segment are subject to seasonal influences. The Company may realize greater net revenue during its first fiscal quarter due to higher demand for consumer related products manufactured in the DMS segment during the holiday selling season. Therefore, quarterly results should not be relied upon as necessarily being indicative of results for the entire fiscal year. b. Segment Data Operating segments are defined as components of an enterprise that engage in business activities from which they may earn revenues and incur expenses; for which separate financial information is avai lable; and whose operating results are regularly reviewed by the chief operating decision maker to assess the performance of the individual segment and make decisions about resources to be allocated to the segment. The Company derives its revenue from providing comprehensive electronics design , production and product management services. The chief operating decision maker evaluates performance and allocates resources on a segment basis. The Company’s operating segments consist of two segments – EMS and DMS, which are also the Company’s reportab le segments. The EMS segment is focused around leveraging IT, supply chain design and engineering, technologies largely centered on core electronics, sharing of the Company’s large scale manufacturing infrastructure and the ability to serve a broad range o f end markets. The EMS segment includes customers primarily in the automotive, capital equipment, computing and storage, digital home, industrial and energy, networking and telecommunications, point of sale and printing industries . The DMS segment is focus ed on providing engineering solutions and a focus on material sciences and technologies. The DMS segment includes customers primarily in the consumer lifestyles and wearable technologies, defense and aerospace, emerging growth, healthcare, mobility and pac kaging industries . Net revenue for the operating segments is attributed to the segment in which the service is performed. An operating segment’s performance is evaluated based on its pre-tax operating contribution, or segment income. Segment income is defined as net revenue less cost of revenue, segment selling, general and administrative expenses, segment research and development expenses and an allocation of corporate manufacturing expenses and selling, general and administrative expenses, and does not include amortization of intangibles, stock-based compensation expense and related charges, restructuring and rela ted charges, distressed customer charges, acquisition costs and certain purchase accounting adjustments, loss on disposal of subsidiaries, settlement of receivables and related charges, impairment of notes receivable and related charges, goodwill impairmen t charges, income (loss) from discontinued operations, gain (loss) on sale of discontinued operations, other expense, interest income, interest expense, income tax expense or adjustment for net income (loss) attributable to noncontrolling interests. Total segment assets are defined as accounts receivable, inventories, net customer-related property, plant and equipment, intangible assets net of accumulated amortization and goodwill. All other non-segment assets are reviewed on a global basis by management. T ransactions between operating segments are generally recorded at amounts that approximate those at which we would transact with third parties . The following tables set forth operating segment information (in thousands): Three months ended November 30, 2016 November 30, 2015 Net revenue EMS $ 2,703,290 $ 2,724,414 DMS 2,401,608 2,483,563 $ 5,104,898 $ 5,207,977 Segment income and reconciliation of income before income tax EMS $ 89,546 $ 83,266 DMS 119,994 165,222 Total segment income $ 209,540 $ 248,488 Reconciling items: Amortization of intangibles 8,322 7,840 Stock-based compensation expense and related charges (291) 24,792 Restructuring and related charges 35,902 1,353 Other expense 4,680 1,765 Interest income (2,455) (2,064) Interest expense 32,844 33,035 Income before income tax $ 130,538 $ 181,767 November 30, 2016 August 31, 2016 Total assets EMS $ 2,768,080 $ 2,615,237 DMS 5,010,360 5,012,798 Other non-allocated assets 2,765,406 2,694,642 $ 10,543,846 $ 10,322,677 As of November 30, 2016 , the Company operated in 28 countries worldwide. Sales to unaffiliated customers are based on the Company’s location that maintains the customer relationship and transacts the external sale. Total foreign net revenue represented 92.3 % and 92.1 % of net revenue during the three months ended November 30, 2016 and 2015 , respectively.

Notes Payable, Long-Term Debt a

Notes Payable, Long-Term Debt and Capital Lease Obligations	3 Months Ended
Notes Payable, Long-Term Debt and Capital Lease Obligations	Nov. 30, 2016
Notes Payable, Long-Term Debt and Capital Lease Obligations [Abstract]
Notes Payable, Long-Term Debt and Capital Lease Obligations	6 . Notes Payable, Long-Term Debt and Capital Lease Obligations Notes payable, long-term debt and capital lease obligations outstanding at November 30, 2016 and August 31, 2016 are summarized below (in thousands): November 30, August 31, 2016 2016 8.250% Senior Notes due 2018 $ 398,791 $ 398,552 5.625% Senior Notes due 2020 396,435 396,212 4.700% Senior Notes due 2022 496,205 496,041 4.900% Senior Notes due 2023 298,389 298,329 Borrowings under credit facilities ― ― Borrowings under loans 493,234 502,210 Capital lease obligations 27,856 28,478 Total notes payable, long-term debt and capital lease obligations 2,110,910 2,119,822 Less current installments of notes payable, long-term debt and capital lease obligations 43,198 45,810 Notes payable, long-term debt and capital lease obligations, less current installments $ 2,067,712 $ 2,074,012 The $400.0 million of 8.250% senior unsecured notes, $400.0 million of 5.625% senior unsecured notes , $500.0 million of 4.700% senior unsecured notes and $300.0 million of 4.900% senior unsecured notes outstanding are carried at the principal amount of each note, less any unamortized discount. The estimated fair values of the Company's publicly traded debt, including the 8.250%, 5.625% and 4.700% senior notes, were approximately $ 431.4 million , $ 433.3 million and $ 514.5 million re spectively, at November 30, 2016 . The fair value estimates are based upon observable market data (Level 2 criteria). The estimated fair value of the Company's private debt, the 4.900% senior notes, was approximately $ 306.1 million , at November 30, 2016 . This fair value estimate is based on the Company's indicative borrowing cost derived from discounted cash flows (Level 3 criteria). The carrying amounts of borrowings under credit facilities and under loans approximates fair value as int erest rates on these instruments approximates current market rates.

Trade Accounts Receivable Secur

Trade Accounts Receivable Securitization and Sale Programs	3 Months Ended
Trade Accounts Receivable Securitization and Sale Programs	Nov. 30, 2016
Trade Accounts Receivable Securitization and Sale Programs [Abstract]
Trade Accounts Receivable Securitization and Sale Programs	7 . Trade Accounts Receivable Securitization and Sale Programs The Company regularly sells designated pools of trade accounts receivable under two asset-backed securitization programs and three uncommitted trade accounts receivable sale programs (collectively referred to herein as the “programs”). The Company continues servicing the receivables sold and in exchange receives a servicing fee under each of the programs. Servicing fees related to ea ch of the programs recognized during the three months ended November 30, 2016 and 2015 were not material. The Company does not record a servicing asset or liability on the Condensed Consolidated Balance Sheets as the Company estimates that t he fee it receives to service these receivables approximates the fair market compensation to provide the servicing activities. Transfers of the receivables under the programs are accounted for as sales and, accordingly, net receivables sold under the programs are excluded from accounts receivable on the Condensed Consolidated Balance Sheets and are reflected as cash provided by operating activities on the Condensed Consolidated Statements of Cash Flows . a. Asset-Backed Securitization Programs The Company continuously sells designated pools of trade accounts receivable under its North American asset-backed securitization program, currently scheduled to expire on October 20, 2017, and its foreign asset-backed securitization program, currently scheduled to expire on May 1, 2018, (collectively referred to herein as the “asset-backed securitization programs”) to special purpos e entities, which in turn sell 100 % of the receivables to conduits administered by unaffiliated financial institutions (for the North American asset-backed securitization program) and to an unaffiliated financial institution and a conduit administered by a n unaffiliated financial institution (for the foreign asset-backed securitization program). The special purpose entity in the North American asset-backed securitization program is a wholly-owned subsidiary of the Company. The special purpose entity in the foreign asset-backed securitization program is a separate bankruptcy-remote entity whose assets would be first available to satisfy the creditor claims of the unaffiliated financial institution. The Company is deemed the primary beneficiary of this special purpose entity as the Company has both the power to direct the activities of the entity that most significantly impact the entity’s economic performance and the obligation to absorb losses or the right to receive the benefits that could potentially be sig nificant to the entity from the transfer of the trade accounts receivable into the special purpose entity. Accordingly, the special purpose entities associated with these asset-backed securitization programs are included in the Company’s Condensed Consolidated Financial Statements . Any portion of the purchase price for the receivables which is not paid in cash upon the sale taking place is recorded as a deferred purchase price receivable, which is paid as payments on the receivables are collected. Net cash proceeds of up to a maximum of $ 200.0 million and $ 275.0 million for the North American and foreign asset-backed securitization programs, respectively, are available at any one time. In connection with the asset-backed securitization programs, the Com pany sold $ 2.3 billion and $ 1.9 billion of eligible trade accounts receivable during the three months ended November 30, 2016 and 2015 , respectively. In exchange, the Company received cash proceeds of $ 1.6 billion and $ 1.5 billion during the three months ended November 30, 2016 and 2015 , respectively, ( which represented proceeds from collections reinvested in revolving-period transfers as there were no new transfers during these periods ) and a deferred purchase price receivable. At November 30, 2016 and 2015 , the deferred purchase price receivables recorded in connection with the asset-backed securitization programs totaled approximately $ 765.6 million and $ 451.6 million , respectively. The Company recognized pretax losses on the sale s of receivables under the asset-backed securitization programs of approximately $ 1.8 million and $ 1.0 million during the three months ended November 30, 2016 and 2015 , respectively, which are recorded to other expense within th e Condensed Consolidated Statements of Operations. The deferred purchase price receivables recorded under the asset-backed securitization programs are recorded initially at fair value as prepaid expenses and other current assets on the Condensed Consolidated Balance Sheets and are valued using unobservable inputs (Level 3 inputs), primarily discounted cash flows, and due to their credit quality and short-term maturity the fair values approximated book values. The unobservable inputs consist of estimated credit losses and estimated discount rates, which both have an immateri al impact on the fair value calculations of the deferred purchase price receivables. b. Trade Accounts Receivable Sale Programs In connection with three separate trade accounts receivable sale programs with unaffiliated financial institutions, the Company may elect to sell, at a discount, on an ongoing basis, up to a maximum of $650.0 million, $150.0 million and $100.0 million, respectively, of specific trade accounts receivable at any one time. The $650.0 million trade accounts receivable sale program is an uncommitted facility that is scheduled to expire on August 31 , 2017 (as the ag reement was automatically extended on October 3 1, 2016), although any party may elect to terminate the agreement upon 15 days prior notice. The $150.0 million trade accounts receivable sale program is an uncommitted facility that is subject to expiration o n August 31, 2017. The $100.0 million trade accounts receivable sale program is an uncommitted facility that is scheduled to expire on October 3 1, 201 7 (as the agreement was automatically extended on October 31, 2016 ), although any party may elect to term inate the agreement upon 15 days prior notice. The $100.0 million trade accounts receivable sale program will be automatically extended each year until November 1, 2018, unless any party gives no less than 30 days prior notice that the agreement should not be extended. During the three months ended November 30, 2016 and 2015 , the Company sold $0.9 billion and $1.4 billion of trade accounts receivable under these programs , respectively. In exchange, the Company received cash proceeds of $0.9 billion and $1.4 billion during the three months ended November 30, 2016 and 2015 , respectively. The resulting losses on the sales of trade accounts receivable during the three months ended November 30, 2016 and 2015 were approximately $ 1.2 million and $ 1.0 milli on , respectively, and were recorded to other expense within the Condensed Consolidated Statements of Operations.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income	3 Months Ended
Accumulated Other Comprehensive Income	Nov. 30, 2016
Accumulated Other Comprehensive Income [Abstract]
Accumulated Other Comprehensive Income	8 . Accumulated Other Comprehensive Income The following table sets forth the changes in accumulated other comprehensive income (“AOCI”), net of tax, by component from August 31, 2016 to November 30, 2016 (in thousands): Foreign Currency Translation Adjustment Derivative Instruments Actuarial Loss Prior Service Cost Unrealized (Loss) Gain on Available for Sale Securities Total Balance at August 31, 2016 $ 16,338 $ 7,784 $ (43,587) $ 941 $ (21,353) $ (39,877) Other comprehensive income (loss) before reclassifications (23,619) 8,234 ― ― (1,250) (16,635) Amounts reclassified from AOCI ― 3,597 ― ― ― 3,597 Other comprehensive (loss) income (23,619) 11,831 ― ― (1,250) (13,038) Balance at November 30, 2016 $ (7,281) $ 19,615 $ (43,587) $ 941 $ (22,603) $ (52,915) The portion of AOCI reclassified into earnings during the three months ended November 30, 2016 for derivative instruments was primarily classified as a component of cost of revenue. The tax benefit (expens e) on the derivative instruments component of AOCI, including reclassification adjustments, is not material for the three months ended November 30, 2016 . There was no tax benefit (expense ) on the foreign currency translation adjustment and the unre alized (loss) gain on available for sale securities components of AOCI, including reclassification adjustments, for the three months ended November 30, 2016 .

Postretirement and Other Employ

Postretirement and Other Employee Benefits	3 Months Ended
Postretirement and Other Employee Benefits	Nov. 30, 2016
Postretirement and Other Employee Benefits [Abstract]
Postretirement and Other Employee Benefits	9 . Postretirement and Other Employee Benefits The Company sponsors defined benefit pension plans in several countries in which it operates. The pension obligations relate primarily to the following: (a) a funded retirement plan in the United Kingdom and (b) both funded and unfunded retirement plans , mainly in Austria , France, Germany, The Netherlands, Poland, and Taiwan , which provide benefits based upon years of service and compensation at retirement. The following table provides information about net periodic benefit cost for the pension plans during the three months ended November 30, 2016 and 2015 (in thousands): Three months ended November 30, 2016 November 30, 2015 Service cost $ 259 $ 222 Interest cost 746 1,268 Expected long-term return on plan assets (1,129) (1,463) Recognized actuarial loss 476 266 Amortization of prior service cost (34) (35) Net periodic benefit cost $ 318 $ 258 During the three months ended November 30, 2016 , the Company made contributions of approximately $ 0.7 million to its defined benefit pension plans. The Company expects to make total cash contributions of between $ 2.6 million and $ 3.4 million to its funded pension plans during the fiscal year ended August 31, 2017 .

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
Commitments and Contingencies	Nov. 30, 2016
Commitments and Contingencies [Abstract]
Commitments and Contingencies	10 . Commitments and Contingencies The Company is party to certain lawsuits in the ordinary course of business. The Company does not believe that these proceedings, individually or in the aggregate, will have a material adverse effect on the Company’s financial position, results of operations or cash flows. The Internal Revenue Service (“IRS”) completed its field examination of the Company’s tax returns for fiscal years 2009 through 2011 and issued a Revenue Agent’s Report on May 27, 2015 , which was updated on June 22, 2016 , proposing adjustments primarily related to U.S. taxation of certain intercompany transactions. If the IRS ultimately prevails in its positions, the Company’s income tax payment due for the fiscal years 2009 through 201 1 would be approximately $ 28.6 million after utilization of tax loss carry forwards available through fiscal year 2011. Also, the IRS has proposed interest and penalties with respect to fiscal years 2009 through 2011. The IRS may make similar claims in fut ure audits with respect to these types of transactions. At this time, anticipating the amount of any future IRS proposed adjustments, interest, and penalties is not practicable. The Company disagrees with the proposed adjustments and intends to vigorous ly contest these matters through the applicable IRS administrative and judicial procedures, as appropriate. As the final resolution of the proposed adjustments remains uncertain, the Company continues to provide for the uncertain tax positions based on the more likely than not standard. While the resolution of the issues may result in tax liabilities, interest and penalties, which are significantly higher than the amounts provided for these matters, management currently believes that the resolution will not have a material adverse effect on the Company’s financial position, results of operations or cash flows. Despite this belief, an unfavorable resolution, particularly if the IRS successfully asserts similar claims for later years, could have a material adv erse effect on the Company’s results of operations and financial condition.

Derivative Financial Instrument

Derivative Financial Instruments and Hedging Activities	3 Months Ended
Derivative Financial Instruments and Hedging Activities	Nov. 30, 2016
Derivative Financial Instruments and Hedging Activities [Abstract]
Derivative Financial Instruments and Hedging Activities	11 . Derivative Financial Instruments and Hedging Activities The Company is directly and indirectly affected by changes in certain market conditions. These changes in market conditions may adversely impact the Company’s financial performance and are referred to as market risks. The Company, where deemed appropriate, uses derivatives as risk management tools to mitigate the potential impact of certain market risks. The primary market risks managed by the Company through the use of d erivative instruments are foreign currency fluctuation risk and interest rate risk. All derivative instruments are recorded gross on the Condensed Consolidated Balance Sheets at their respective fair values. The accounting for changes in the fair value of a derivative instrume nt depends on the intended use and designation of the derivative instrument. For derivative instruments that are designated and qualify as a fair value hedge, the gain or loss on the derivative and the offsetting gain or loss on the hedged item attributabl e to the hedged risk are recognized in current earnings. For derivative instruments that are designated and qualify as a cash flow hedge, the effective portion of the gain or loss on the derivative instrument is initially reported as a component of AOCI, n et of tax, and is subsequently reclassified into the line item within the Condensed Consolidated Statements of Operations in which the hedged items are recorded in the same period in which the hedged item affects earnings. The ineffective portion of the gain or loss is recognized immedia tely in current earnings. For derivative instruments that are not designated as hedging instruments, gains and losses from changes in fair values are recognized in earnings. Cash receipts and cash payments related to derivative instruments are recorded in the same category as the cash flows from the items being hedged on the Condensed Consolidated Statements of Cash Flows . For derivatives accounted for as hedging instruments, the Company formally designates and documents, at inception, the financial instruments as a hedge of a specific u nderlying exposure, the risk management objective and the strategy for undertaking the hedge transaction. In addition, the Company formally performs an assessment, both at inception and at least quarterly thereafter, to determine whether the financial inst ruments used in hedging transactions are effective at offsetting changes in the cash flows on the related underlying exposures. a. Foreign Currency Risk Management Forward contracts are put in place to manage the foreign currency risk associated with the anticipated foreign currency denominated revenues and expenses. A hedging relationship existed with an aggregate notional amount outstanding of $ 261.3 million and $ 323.3 million at November 30, 2016 and August 31, 2016 , respectively. The related forward foreign exchange contracts have been designated as hedging instruments and are accounted for as cash flow hedges. The forward foreign exchange contract transactions will effectively lock in the value of anticipated foreign currency denominated revenues and expenses against foreign currency fluctuations. The anticipated foreign currency denominated revenues and expenses being hedged are expected to occur between December 1, 2016 and August 31, 2017 . In addition to derivatives that are designated as hedging instruments and qualify for hedge accounting, the Company also enters into forward contracts to economically hedge transactional exposure associated with commitments arising from trade ac counts receivable, trade accounts payable, fixed purchase obligations and intercompany transactions denominated in a currency other than the functional currency of the respective operating entity. The aggregate notional amount of these outstanding contract s at November 30, 2016 and August 31, 2016 , was $ 1.7 billion and $ 1.7 billion , respectively. The following table presents the Company’s assets and liabilities related to forward foreign exchange contracts mea sured at fair value on a recurring basis as of November 30, 2016 , aggregated by the level in the fair-value hierarchy in which those measurements are classified (in thousands): Level 1 Level 2 Level 3 Total Assets: Forward foreign exchange contracts $ ― 14,218 ― $ 14,218 Liabilities: Forward foreign exchange contracts ― (35,919) ― (35,919) Total $ ― (21,701) ― $ (21,701) The Company’s forward foreign exchange contracts are measured on a recurring basis at fair value, based on foreign currency spot rates and forward rates quoted by banks or foreign currency dealers. The following table presents the fair values of the Company’s derivative instruments located on the Condensed Consolidated Balance Sheets utilized for foreign currency risk management purposes at November 30, 2016 and August 31, 2016 (in thousands): Fair Values of Derivative Instruments Asset Derivatives Liability Derivatives Balance Sheet Fair Value at Fair Value at Balance Sheet Fair Value at Fair Value at Location November 30, 2016 August 31, 2016 Location November 30, 2016 August 31, 2016 Derivatives designated as hedging instruments: Prepaid expenses Forward foreign exchange and other current Accrued contracts assets $ 1,015 $ 420 expenses $ 9,214 $ 1,986 Derivatives not designated as hedging instruments: Prepaid expenses Forward foreign exchange and other current Accrued contracts assets $ 13,203 $ 3,850 expenses $ 26,705 $ 10,801 As of November 30, 2016 and August 31, 2016 , the Company also included gains and losses in AOCI related to changes in fair value of its derivatives utilized for foreign currency risk management purposes and designated as hedging instruments. These gains and losses were not material and the portion that is expected to be reclassified into earnings during the next 12 months will be classified as components of net revenue, cost of revenue and selling, general and administrative expense. The gains and losses recognized in earnings due to hedge ineffectivenes s and the amount excluded from effectiveness testing were not material for all periods presented and are included as components of net revenue, cost of revenue and selling, general and administrative expense. The Company recognized gains and losses in earnings related to changes in fair value of derivatives utilized for foreign currency risk management purposes and not designated as hedging instruments during the three months ended November 30, 2016 and 2015 . These amounts were not material and were recognized as components of cost of revenue . b. Interest Rate Risk Management The Company periodically enters into interest rate swaps to manage interest rate risk associated with the Company’s borrowings. Cash Flow Hedges During the fourth quarter of fiscal year 2007, the Company entered into forward interest rate swap transactions to hedge the fixed interest rate payments for an anticipated debt issuance, which was the issuance of the 8.250% Senior Notes. The swaps were accounted for as a cash flow hedge and had a notional amount of $ 400.0 million. Concurrently with the pricing of the 8.250% Senior Notes, the Company settled the swaps by its payment of $ 43.1 million. The ineffective portion of the sw aps was immediately recorded to interest expense within the Condensed Consolidated Statements of Operations . The effective portion of the swaps is recorded on the Company’s Condensed Consolidated Balance Sheets as a component of AOCI and is being amortized to interest expense within the Company’s Condensed Consolidated Statements of Operations over the life of the 8.250% Senior Notes, which is through March 15, 2018. The effective portions of the swaps amortized to interest expense during the three months ended November 30, 2016 and 2015 were not material. Existing losses re lated to interest rate risk management hedging arrangements that are expected to be reclassified into earnings during the next 12 months are not material. During the fourth quarter of fiscal year 2016, the Company entered into forward starting swap transac tions to hedge the fixed interest rate payments for an anticipated debt issuance. The forward starting swaps have an aggregate notional amount of $200.0 million and have been designated as hedging instruments and accounted for as cash flow hedges. The forw ard starting swaps are scheduled to expire on March 15, 2018. If the anticipated debt issuance occurs before March 15, 2018, the contracts will be terminated simultaneously with the debt issuance. The contracts will be settled with the respective counterpa rties on a net basis at the time of termination or expiration. Changes in the fair value of the forward starting swap transactions are recorded on the Company’s Condensed Consolidated Balance Sheets as a component of AOCI. During the fourth quarter of fisc al year 2016, the Company entered into interest rate swap transactions to hedge the variable interest rate payments for the Term Loan Facility. In connection with this transaction, the Company will pay interest based upon a fixed rate as agreed upon with t he respective counterparties and receive variable rate interest payments based on the one-month LIBOR. The interest rate swaps have an aggregate notional amount of $200.0 million and have been designated as hedging instruments and accounted for as cash flo w hedges. The interest rate swaps are effective on September 30, 2016 and scheduled to expire on June 30, 2019. The contracts will be settled with the respective counterparties on a net basis at each settlement date. Changes in the fair value of the intere st rate swap transactions are recorded on the Company’s Condensed Consolidated Balance Sheets as a component of AOCI.

Restructuring and Related Charg

Restructuring and Related Charges	3 Months Ended
Restructuring and Related Charges	Nov. 30, 2016
Restructuring and Related Charges [Abstract]
Restructuring and Related Charges	12 . Restructuring and Related Charges 2017 Restructuring Plan In conjunction with the restructuring plan that was approved by the Company’s Board of Directors on S eptember 15, 2016 (the “2017 Restructuring Plan”), the Company charged $ 34.1 million of restructuring and related charges to the Condensed Consolidated Statement of Operations during the three months ended November 30, 2016 . The 2017 Restructuring Plan is intended to better align the Company’s global capacity and administrative support infrastructure in order to further optimize organizational effectiveness. This action includes headcount reductions across the Company’s Selling, General and Administrative cost base and capacity realignment in higher cost locations. The restructuring and related charges during the three months ended November 30, 2016 include cash costs of $ 17.9 million related to employee severance and benefit costs, $ 3.3 million related to lease costs and $ 0.2 million of other related costs, as well as non-cash costs of $ 12.7 million related to asset write-off costs. The Company currently expects to recognize approximately $ 195.0 million in pre-tax restructuring and other re lated costs over the course of the Company’s fiscal years 2017 and 2018. Since the inception of the 2017 Restructuring Plan, a total of $ 34.1 million of restructuring and related costs have been recognized. Of the $34.1 million recognized to date, $ 5.5 mil lion was allocated to the EMS segment, $ 11.5 million was allocated to the DMS segment and $ 17.1 million was not allocated to a segment. The charges related to the 2017 Restructuring Plan, excluding asset write-off costs, are currently expected to result in net cash expenditures of approximately $ 50.0 million that have been or will be payable over the course of the Company’s fiscal years 2017 and 2018. The remaining $ 160.9 million of the restructuring and related costs expected to be recognized reflects the Company’s intention only and restructuring decisions, and the timing of such decisions, at certain plants are still subject to the finalization of timetables for the transition of functions and consultation with the Company’s employees and their representa tives. The table below set forth the significant components and activity in the 2017 Restructuring Plan during the three months ended November 30, 2016 (in thousands): 2017 Restructuring Plan – Three Months Ended November 30, 2016 Restructuring Asset Write-off Liability Balance at Related Charge and Other Cash Liability Balance at August 31, 2016 Charges Non-Cash Activity Payments November 30, 2016 Employee severance and benefit costs $ ― $ 17,896 $ (15) $ (7,987) $ 9,894 Lease costs ― 3,291 ― (767) 2,524 Asset write-off costs ― 12,640 (12,640) ― ― Other related costs ― 235 ― (146) 89 Total $ ― $ 34,062 $ (12,655) $ (8,900) $ 12,507 The tables below set forth the significant components and activity in the 201 7 Restructuring Plan by reportable segment during the three months ended November 30, 2016 (in thousands): 2017 Restructuring Plan – Three Months Ended November 30, 2016 Restructuring Asset Write-off Liability Balance at Related Charge and Other Cash Liability Balance at August 31, 2016 Charges Non-Cash Activity Payments November 30, 2016 EMS $ ― $ 5,521 $ (5,070) $ (326) $ 125 DMS ― 11,504 (7,577) (1,144) 2,783 Other ― 17,037 (8) (7,430) 9,599 Total $ ― $ 34,062 $ (12,655) $ (8,900) $ 12,507 2013 Restructuring Plan In conjunction with the restructuring plan that was approved by the Company’s Board of Directors in fiscal year 2013 (the “2013 Restructuring Plan”), the Company charged $ 1.8 million and $ 1.4 million of restructuring and related charges to the Condensed Consolidated Statement of Operations during the three months ended November 30, 2016 and 2015 , respectively. The 2013 Restructuring Plan is intended to better align the Company’s manufac turing capacity in certain geographies and to reduce the Company’s worldwide workforce in order to reduce operating expenses. The restructuring and related charges during the three months ended November 30, 2016 and 2015 include cash costs o f $ 1.5 million and $ 1.1 million related to employee severance and benefit costs, respectively, and $ 0.3 million and $ 0.3 million of other rela ted costs, respectively . The Company currently expects to recognize approximately $ 179.0 million in pre-tax restructuring and other related costs over the course of the Company’s fiscal years 2013 through 2017 under the 2013 Res tructuring Plan. Since the inception of the 2013 Restructuring Plan, a total of $ 163.7 million of restructuring and related costs have been recognized. Of the $ 163.7 million recognized to date, $ 126.0 million was allocated to the EMS segment, $ 28.8 million was allocated to the DMS segment and $ 8.9 million was not allocated to a segment. A majority of the total restructuring costs are related to employee severance and benefit arran gements. The charges related to the 2013 Restructuring Plan, excluding asset write-off costs, are currently expected to result in cash expenditures of approximately $ 157.4 million that have been or will be payable over the c ourse of the Company’s fiscal years 2013 through 2017. The remaining $ 15.3 million of the restructuring and related costs expected to be recognized reflects the Company’s intention only and restructuring decisions, and the timing of such decisions, at cert ain plants are still subject to the finalization of timetables for the transition of functions and consultation with the Company’s employees and their representatives . The tables below set forth the significant components and activity in the 2013 Restructuring Plan during the three months ended November 30, 2016 and 2015 (in thousands): 2013 Restructuring Plan – Three Months Ended November 30, 2016 Restructuring Asset Write-off Liability Balance at Related Charge and Other Cash Liability Balance at August 31, 2016 Charges Non-Cash Activity Payments November 30, 2016 Employee severance and benefit costs $ 17,266 $ 1,490 $ (669) $ (2,883) $ 15,204 Lease costs 21 ― ― ― 21 Other related costs 740 350 (32) (338) 720 Total $ 18,027 $ 1,840 $ (701) $ (3,221) $ 15,945 2013 Restructuring Plan – Three Months Ended November 30, 2015 Restructuring Asset Write-off Liability Balance at Related Charge and Other Cash Liability Balance at August 31, 2015 Charges Non-Cash Activity Payments November 30, 2015 Employee severance and benefit costs $ 30,047 $ 1,078 $ (1,396) $ (8,954) $ 20,775 Lease costs 64 ― ― ― 64 Other related costs 846 275 (49) (216) 856 Total $ 30,957 $ 1,353 $ (1,445) $ (9,170) $ 21,695 The tables below set forth the significant components and activity in the 2013 Restructuring Plan by reportable segment during the three months ended November 30, 2016 and 2015 (in thousands): 2013 Restructuring Plan – Three Months Ended November 30, 2016 Restructuring Asset Write-off Liability Balance at Related Charge and Other Cash Liability Balance at August 31, 2016 Charges Non-Cash Activity Payments November 30, 2016 EMS $ 17,338 $ 1,840 $ (689) $ (3,101) $ 15,388 DMS 689 ― (12) (120) 557 Other ― ― ― ― ― Total $ 18,027 $ 1,840 $ (701) $ (3,221) $ 15,945 2013 Restructuring Plan – Three Months Ended November 30, 2015 Restructuring Asset Write-off Liability Balance at Related Charge and Other Cash Liability Balance at August 31, 2015 Charges Non-Cash Activity Payments November 30, 2015 EMS $ 28,834 $ 1,236 $ (1,426) $ (8,565) $ 20,079 DMS 1,960 236 (19) (561) 1,616 Other 163 (119) ― (44) ― Total $ 30,957 $ 1,353 $ (1,445) $ (9,170) $ 21,695

Business Acquisitions

Business Acquisitions	3 Months Ended
Business Acquisitions	Nov. 30, 2016
Business Acquisitions [Abstract]
Business Acquisitions [Text Block]	13 . Business Acquisitions Fiscal year 2016 On November 25, 2015, the Company entered into a master purchase agreement for certain assets and liabilities of various legal entities, collectively referred to as “Hanson”. On January 13, 201 6, the Company completed the acquisition of the assets for approximately $ 139.2 million in cash, plus the assumption of certain liabilities of $ 230.0 million (such liabilities were subsequently paid in February 2016 and classified in our Consolidated State ment of Cash Flows as a component of cash flows from operating activities), with the exception of the real property, which closed on July 7, 2016, for approximately $ 33.3 million. Hanson is engaged in the business of manufacturing certain parts for custome rs in the DMS segment. The acquisition of certain Hanson assets has been accounted for as a business combination using the acquisition method of accounting. Assets acquired of $ 406.4 million, including $ 276.8 million in property, plant and equipment, $ 129.6 million in goodwill and intangible assets assigned to customer relationships, liabilities assumed of $230.0 million and $ 3.9 million of deferred tax liabilities were recorded at their estimated fair values as of the acquisition date. The excess of th e purchase price over the fair value of the acquired assets was recorded to goodwill and was fully allocated to the DMS segment . None of the goodwill is currently expected to be deductible for income tax purposes. A customer relationship was valued using t he multi-period excess earnings method under the income approach. The results of operations were included in the Company’s condensed consolidated financial results beginning on January 13, 2016. Pro forma information has not been provided as the acquisitio n of Hanson is not deemed to be significant. During the first quarter of fiscal year 2016, the Company completed two additional acquisitions ( Inala Technologies Limited and various legal entities collectively referred to as “ Shemer Companies”) which were not deemed to be significant individually or in the aggregate. The acquired businesses expanded the Company’s capabilities in capital equipment, networking and telecommunications, and printing. The aggregate purchase price of these acquisitions totaled app roximately $ 72.3 million in cash . These two acquisitions have been accounted for as business combinations using the acquisition method of accounting. Assets acquired of $ 92.2 million, including $19.3 million in goodwill and $ 31.4 million in intangible ass ets, and liabilities assumed of $ 19.9 million were recorded at their estimated fair values as of the acquisition dates. The excess of the purchase prices over the fair values of the acquired assets and assumed liabilities of $ 19.3 million was recorded to g oodwill and was fully allocated to the EMS segment. None of the goodwill is currently expected to be deductible for income tax purposes. The results of operations of the acquired businesses were included in the Company’s condensed consolidated financial results beginning on the date of the acquisitions. Pro forma information has not been provided as the acquisitions are not deemed to be significant individually or in the aggregate.

New Accounting Guidance

New Accounting Guidance	3 Months Ended
New Accounting Guidance	Nov. 30, 2016
New Accounting Guidance [Abstract]
New Accounting Guidance	14 . New Accounting Guidance Recently Issued Accounting Guidance During the third quarter of fiscal year 2014, the FASB issued an accounting standard which will supersede existing revenue recogni tion guidance under current U.S. GAAP. The new standard is a comprehensive new revenue recognition model that requires a company to recognize revenue to depict the transfer of goods or services to a customer at an amount that reflects the consideration it expects to receive in exchange for those goods or services. During the fourth quarter of fiscal year 2015, the FASB issued an accounting standard deferring the effective date of this accounting guidance by one year. Therefore, the accounting standard is ef fective for the Company in the first quarter of fiscal year 201 9 . Companies may use either a full retrospective or a modified retrospective approach to adopt this standard and management is currently evaluating which transition approach to use. The Company is currently in the process of assessing what impact this new standard may have on its Condensed Consolidated Financial Statements . During the fourth quarter of fiscal year 2015, the FASB issued a new accounting standard intended to simplify the subsequent measurement of inventory, exc luding inventory accounted for under the last-in, first-out or the retail inventory methods. The new standard replaces the current lower of cost or market test with a lower of cost and net realizable value test. Under the current guidance, market could be replacement cost, net realizable value or net realizable value less an approximately normal profit margin. Net realizable value is the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal an d transportation. This guidance is required to be applied on a prospective basis and is effective for the Company beginning in the first quarter of fiscal year 2018 with early adoption permitted. The Company is currently in the process of assessing what im pact this new standard may have on its Condensed Consolidated Financial Statements . During the second quarter of fiscal year 2016, the FASB issued a new accounting standard to address certain aspects of recognition, measurement, presentation and disclosure of financial instruments. This guidance is effective for the Company beginning in the first quarter of fiscal year 2019 . Early application is permitted only for certain provisions, and the update must be applied by means of a cumulative-effect adjustment to the balance sheet as of the beginning of the fiscal year of adoption and applied prospectively to equity investments that exist as of the date of adoption of the standard . The Company is currently assessing the impact this new standard may have on its Condensed Consolidated Financial Statements. During the second quarter of fiscal year 2016, the FASB issued a new accounting standard revising lease accounting. The new guidance require s organizations to recognize lease assets and lease liabilities on the consolidated balance sheet and disclose key information regarding leasing arrangements. This guidance is effective for the Company beginning in the first quarter of fiscal year 2020. E arly application of the new standard is permitted and must be adopted using a modified retrospective approach . The adoption of this standard will impact the Company’s condensed consolidated balance sheet. The Company is currently assessing any other impact s this new standard will have on its Condensed Co nsolidated Financial Statements. During the fourth quarter of fiscal year 2016, the FASB issued an accounting standard, which replaces the existing incurred loss impairment methodology with a methodology that reflects expected credit losses and requires co nsideration of a broader range of reasonable and supportable information to inform credit loss estimates. This guidance is effective for the Company beginning in the first quarter of fiscal year 2021 and early adoption is permitted beginning in the first q uarter of fiscal year 2020. This guidance must be applied using a modified retrospective or prospective transition method, depending on the area covered by this accounting standard. The Company is currently assessing the impact this new standard may have o n its Condensed Consolidated Financial Statements. During the fourth quarter of fiscal year 2016 , the FASB issued a new accounting standard to address the presentation of certain transactions within the statement of cash flows with the objective of reducin g the existing diversity in practice. This guidance is effective for the Company beginning in the first quarter of fiscal year 2019 and early adoption is permitted. The Company is currently assessing the impact this new standard may have on its Condensed C onsolidated Financial Statements. During the first quarter of fiscal year 2017 , the FASB issued a new accounting standard to improve the accounting for the income tax consequences of intra-entity transfers of assets other than inventory. The new standard eliminates the exception for an intra-entity transfer of an asset other than inventory and requires an entity to recognize the income tax consequences when the transfer occurs. This guidance is effective for the Company beginning in the first quarter of fi scal year 2019 and early adoption is permitted. This guidance should be applied on a modified retrospective basis through a cumulative-effect adjustment directly to retained earnings as of the beginning of the period of adoption. The Company is currently a ssessing the impact this new standard may have on its Condensed Consolidated Financial Statements.

Income Taxes

Income Taxes	3 Months Ended
Income Taxes	Nov. 30, 2016
Income Taxes [Abstract]
Income Taxes	15 . Income Taxes The effective tax rate differed from the U.S. federal statutory rate of 35 % during the three months ended November 30, 2016 and 2015 primar ily due to: (a) income in tax jurisdictions with lower statutory tax rates than the U.S.; (b) tax incentives granted to sites in Brazil, China, Malaysia, Singapore and Vietnam; and (c) losses in tax jurisdictions with existing valuation allowances . The m aterial tax incentives expire at various dates through fiscal year 2020. Such tax incentives are subject to conditions with which the Company expects to contin ue to comply .

Subsequent Events

Subsequent Events	3 Months Ended
Subsequent Events	Nov. 30, 2016
Subsequent Events [Abstract]
Subsequent Events	16 . Subsequent Events The Company has evaluated subsequent events that occurred through the date of the filing of the Company’s first quarter of fiscal year 2017 Form 10-Q. No significant events occurred subsequent to the balance sheet date and prior to the filing date of this report that would have a material impact on the Condensed Consolidated Financial Statements.

Earnings Per Share and Divide24

Earnings Per Share and Dividends (Tables)	3 Months Ended
Earnings Per Share and Dividends (Tables)	Nov. 30, 2016
Earnings Per Share and Dividends [Abstract]
Calculations of Basic and Diluted Earnings Per Share	The following table sets forth the calculations of basic and diluted earnings per share attributable to the stockholders of Jabil Circuit, Inc. (in thousands, except earnings per share data): Three months ended November 30, 2016 November 30, 2015 Numerator: Net income attributable to Jabil Circuit, Inc. $ 88,027 $ 131,885 Denominator for basic and diluted earnings per share: Denominator for basic earnings per share 185,292 190,355 Dilutive common shares issuable under the employee stock purchase plan and upon exercise of stock options and stock appreciation rights 178 155 Dilutive unvested restricted stock awards 2,386 2,733 Denominator for diluted earnings per share 187,856 193,243 Earnings per share attributable to the stockholders of Jabil Circuit, Inc.: Basic $ 0.48 $ 0.69 Diluted $ 0.47 $ 0.68
Cash Dividends Declared to Common Stockholders	The following table sets forth certain information relating to the Company’s cash dividends declared to common stockholders of the Company during the three months ended November 30, 2016 and 2015 (in thousands, except for per share data): Total of Cash Dividend Dividend Dividends Date of Record for Dividend Cash Declaration Date per Share Declared Dividend Payment Payment Date Fiscal Year 2017: October 20, 2016 $ 0.08 $ 15,248 November 15, 2016 December 1, 2016 Fiscal Year 2016: October 14, 2015 $ 0.08 $ 15,906 November 16, 2015 December 1, 2015

Inventories (Tables)

Inventories (Tables)	3 Months Ended
Inventories (Tables)	Nov. 30, 2016
Inventories [Abstract]
Inventories	3. Inventories Inventories consist of the following (in thousands): November 30, 2016 August 31, 2016 Raw materials $ 1,415,787 $ 1,302,481 Work in process 636,757 675,867 Finished goods 494,711 510,485 Reserve for inventory obsolescence (41,056) (32,221) Total inventories, net $ 2,506,199 $ 2,456,612

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	3 Months Ended
Stock-Based Compensation (Tables)	Nov. 30, 2016
Stock-Based Compensation [Abstract]
Summary of Stock Option and Stock Appreciation Right Activity	The following table summarizes shares available for grant and stock appreciation right s (“SARS”) activity from August 31 , 2016 through November 30, 2016 : Weighted- Weighted- Average Shares Average Average Remaining Available SARS Intrinsic Value Exercise Contractual for Grant Outstanding (in thousands) Price Life (years) Balance at August 31, 2016 4,898,739 2,439,066 $ 1,066 $ 25.32 1.13 SARS canceled 1,331,769 (1,331,769) $ 29.27 Restricted stock awards granted, net of forfeitures (a) 1,231,137 ― SARS exercised ― (28,818) $ 22.52 Balance at November 30, 2016 7,461,645 1,078,479 $ 1,052 $ 20.55 2.08 Exercisable at November 30, 2016 1,078,479 $ 1,052 $ 20.55 2.08 (a) Represents the maximum number of shares that can be issued based on the achievement of certain performance criteria.
Summary of Restricted Stock Activity	The following table summarizes restricted stock activity from August 31, 2016 through November 30, 2016: Weighted- Average Grant-Date Shares Fair Value Unvested balance at August 31, 2016 14,777,178 $ 21.09 Changes during the period Shares granted (a) 2,705,180 $ 23.57 Shares vested (1,812,168) $ 21.25 Shares forfeited (3,936,317) $ 20.79 Unvested balance at November 30, 2016 11,733,873 $ 21.74 (a) For those shares granted that are based on the achievement of certain performance criteria, represents the maximum number of shares that can vest.

Concentration of Risk and Seg27

Concentration of Risk and Segment Data (Tables)	3 Months Ended
Concentration of Risk and Segment Data (Tables)	Nov. 30, 2016
Concentration of Risk and Segment Data [Abstract]
Reconciliation of Revenue from Segments to Consolidated	The following tables set forth operating segment information (in thousands): Three months ended November 30, 2016 November 30, 2015 Net revenue EMS $ 2,703,290 $ 2,724,414 DMS 2,401,608 2,483,563 $ 5,104,898 $ 5,207,977
Reconciliation of Operating Profit (Loss) from Segments to Consolidated	Segment income and reconciliation of income before income tax EMS $ 89,546 $ 83,266 DMS 119,994 165,222 Total segment income $ 209,540 $ 248,488 Reconciling items: Amortization of intangibles 8,322 7,840 Stock-based compensation expense and related charges (291) 24,792 Restructuring and related charges 35,902 1,353 Other expense 4,680 1,765 Interest income (2,455) (2,064) Interest expense 32,844 33,035 Income before income tax $ 130,538 $ 181,767
Reconciliation of Assets from Segment to Consolidated	November 30, 2016 August 31, 2016 Total assets EMS $ 2,768,080 $ 2,615,237 DMS 5,010,360 5,012,798 Other non-allocated assets 2,765,406 2,694,642 $ 10,543,846 $ 10,322,677

Notes Payable, Long-Term Debt28

Notes Payable, Long-Term Debt and Capital Lease Obligations (Tables)	3 Months Ended
	Nov. 30, 2016
Notes Payable, Long-Term Debt and Capital Lease Obligations [Abstract]
Notes Payable, Long-Term Debt and Capital Lease Obligations Outstanding	Notes payable, long-term debt and capital lease obligations outstanding at November 30, 2016 and August 31, 2016 are summarized below (in thousands): November 30, August 31, 2016 2016 8.250% Senior Notes due 2018 $ 398,791 $ 398,552 5.625% Senior Notes due 2020 396,435 396,212 4.700% Senior Notes due 2022 496,205 496,041 4.900% Senior Notes due 2023 298,389 298,329 Borrowings under credit facilities ― ― Borrowings under loans 493,234 502,210 Capital lease obligations 27,856 28,478 Total notes payable, long-term debt and capital lease obligations 2,110,910 2,119,822 Less current installments of notes payable, long-term debt and capital lease obligations 43,198 45,810 Notes payable, long-term debt and capital lease obligations, less current installments $ 2,067,712 $ 2,074,012

Accumulated Other Comprehensi29

Accumulated Other Comprehensive Income (Tables)	3 Months Ended
Accumulated Other Comprehensive Income (Tables)	Nov. 30, 2016
Accumulated Other Comprehensive Income [Abstract]
Summary of Changes in Accumulated Other Comprehensive Income	The following table sets forth the changes in accumulated other comprehensive income (“AOCI”), net of tax, by component from August 31, 2016 to November 30, 2016 (in thousands): Foreign Currency Translation Adjustment Derivative Instruments Actuarial Loss Prior Service Cost Unrealized (Loss) Gain on Available for Sale Securities Total Balance at August 31, 2016 $ 16,338 $ 7,784 $ (43,587) $ 941 $ (21,353) $ (39,877) Other comprehensive income (loss) before reclassifications (23,619) 8,234 ― ― (1,250) (16,635) Amounts reclassified from AOCI ― 3,597 ― ― ― 3,597 Other comprehensive (loss) income (23,619) 11,831 ― ― (1,250) (13,038) Balance at November 30, 2016 $ (7,281) $ 19,615 $ (43,587) $ 941 $ (22,603) $ (52,915)

Postretirement and Other Empl30

Postretirement and Other Employee Benefits (Tables)	3 Months Ended
Postretirement and Other Employee Benefits (Tables)	Nov. 30, 2016
Postretirement and Other Employee Benefits [Abstract]
Information about Net Periodic Benefit Cost for Pension Plans	The following table provides information about net periodic benefit cost for the pension plans during the three months ended November 30, 2016 and 2015 (in thousands): Three months ended November 30, 2016 November 30, 2015 Service cost $ 259 $ 222 Interest cost 746 1,268 Expected long-term return on plan assets (1,129) (1,463) Recognized actuarial loss 476 266 Amortization of prior service cost (34) (35) Net periodic benefit cost $ 318 $ 258

Derivative Financial Instrume31

Derivative Financial Instruments and Hedging Activities (Tables)	3 Months Ended
	Nov. 30, 2016
Derivative Financial Instruments and Hedging Activities [Abstract]
Fair Value of Assets and Liabilities Related to Foreign Forward Exchange Contracts Measured on Recurring Basis	The following table presents the Company’s assets and liabilities related to forward foreign exchange contracts mea sured at fair value on a recurring basis as of November 30, 2016 , aggregated by the level in the fair-value hierarchy in which those measurements are classified (in thousands): Level 1 Level 2 Level 3 Total Assets: Forward foreign exchange contracts $ ― 14,218 ― $ 14,218 Liabilities: Forward foreign exchange contracts ― (35,919) ― (35,919) Total $ ― (21,701) ― $ (21,701)
Fair Value of Derivative Instruments Located on Condensed Consolidated Balance Sheets Utilized for Foreign Currency Risk Management Purposes	The following table presents the fair values of the Company’s derivative instruments located on the Condensed Consolidated Balance Sheets utilized for foreign currency risk management purposes at November 30, 2016 and August 31, 2016 (in thousands): Fair Values of Derivative Instruments Asset Derivatives Liability Derivatives Balance Sheet Fair Value at Fair Value at Balance Sheet Fair Value at Fair Value at Location November 30, 2016 August 31, 2016 Location November 30, 2016 August 31, 2016 Derivatives designated as hedging instruments: Prepaid expenses Forward foreign exchange and other current Accrued contracts assets $ 1,015 $ 420 expenses $ 9,214 $ 1,986 Derivatives not designated as hedging instruments: Prepaid expenses Forward foreign exchange and other current Accrued contracts assets $ 13,203 $ 3,850 expenses $ 26,705 $ 10,801

Restructuring and Related Cha32

Restructuring and Related Charges (Tables)	3 Months Ended
Restructuring and Related Charges (Tables)	Nov. 30, 2016
Restructuring and Related Charges [Abstract]
Significant Components and Activity in Restructuring Plan	The table below set forth the significant components and activity in the 2017 Restructuring Plan during the three months ended November 30, 2016 (in thousands): 2017 Restructuring Plan – Three Months Ended November 30, 2016 Restructuring Asset Write-off Liability Balance at Related Charge and Other Cash Liability Balance at August 31, 2016 Charges Non-Cash Activity Payments November 30, 2016 Employee severance and benefit costs $ ― $ 17,896 $ (15) $ (7,987) $ 9,894 Lease costs ― 3,291 ― (767) 2,524 Asset write-off costs ― 12,640 (12,640) ― ― Other related costs ― 235 ― (146) 89 Total $ ― $ 34,062 $ (12,655) $ (8,900) $ 12,507 The tables below set forth the significant components and activity in the 2013 Restructuring Plan during the three months ended November 30, 2016 and 2015 (in thousands): 2013 Restructuring Plan – Three Months Ended November 30, 2016 Restructuring Asset Write-off Liability Balance at Related Charge and Other Cash Liability Balance at August 31, 2016 Charges Non-Cash Activity Payments November 30, 2016 Employee severance and benefit costs $ 17,266 $ 1,490 $ (669) $ (2,883) $ 15,204 Lease costs 21 ― ― ― 21 Other related costs 740 350 (32) (338) 720 Total $ 18,027 $ 1,840 $ (701) $ (3,221) $ 15,945 2013 Restructuring Plan – Three Months Ended November 30, 2015 Restructuring Asset Write-off Liability Balance at Related Charge and Other Cash Liability Balance at August 31, 2015 Charges Non-Cash Activity Payments November 30, 2015 Employee severance and benefit costs $ 30,047 $ 1,078 $ (1,396) $ (8,954) $ 20,775 Lease costs 64 ― ― ― 64 Other related costs 846 275 (49) (216) 856 Total $ 30,957 $ 1,353 $ (1,445) $ (9,170) $ 21,695
Significant Components and Activity in Restructuring Plan by Reportable Segment	The tables below set forth the significant components and activity in the 201 7 Restructuring Plan by reportable segment during the three months ended November 30, 2016 (in thousands): 2017 Restructuring Plan – Three Months Ended November 30, 2016 Restructuring Asset Write-off Liability Balance at Related Charge and Other Cash Liability Balance at August 31, 2016 Charges Non-Cash Activity Payments November 30, 2016 EMS $ ― $ 5,521 $ (5,070) $ (326) $ 125 DMS ― 11,504 (7,577) (1,144) 2,783 Other ― 17,037 (8) (7,430) 9,599 Total $ ― $ 34,062 $ (12,655) $ (8,900) $ 12,507 The tables below set forth the significant components and activity in the 2013 Restructuring Plan by reportable segment during the three months ended November 30, 2016 and 2015 (in thousands): 2013 Restructuring Plan – Three Months Ended November 30, 2016 Restructuring Asset Write-off Liability Balance at Related Charge and Other Cash Liability Balance at August 31, 2016 Charges Non-Cash Activity Payments November 30, 2016 EMS $ 17,338 $ 1,840 $ (689) $ (3,101) $ 15,388 DMS 689 ― (12) (120) 557 Other ― ― ― ― ― Total $ 18,027 $ 1,840 $ (701) $ (3,221) $ 15,945 2013 Restructuring Plan – Three Months Ended November 30, 2015 Restructuring Asset Write-off Liability Balance at Related Charge and Other Cash Liability Balance at August 31, 2015 Charges Non-Cash Activity Payments November 30, 2015 EMS $ 28,834 $ 1,236 $ (1,426) $ (8,565) $ 20,079 DMS 1,960 236 (19) (561) 1,616 Other 163 (119) ― (44) ― Total $ 30,957 $ 1,353 $ (1,445) $ (9,170) $ 21,695

Earnings Per Share and Divide33

Earnings Per Share and Dividends (Calculations of Basic and Diluted EPS) (Details 1) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Nov. 30, 2016	Nov. 30, 2015
Numerator:
Net (loss) income attributable to noncontrolling interests, net of tax	$ (1,326)	$ 30
Net income attributable to Jabil Circuit, Inc.	$ 88,027	$ 131,885
Denominator for basic and diluted earnings per share:
Denominator for basic earnings per share	185,292	190,355
Dilutive common shares issuable under the employee stock purchase plan and upon exercise of stock options and stock appreciation rights	178	155
Dilutive unvested restricted stock awards	2,386	2,733
Denominator for diluted earnings per share	187,856	193,243
Basic:
Net income [per share]	$ 0.48	$ 0.69
Diluted:
Net income [per share]	$ 0.47	$ 0.68

Earnings Per Share and Divide34

Earnings Per Share and Dividends (Additional Information) (Details 2) - shares	3 Months Ended
	Nov. 30, 2016	Nov. 30, 2015
Stock Appreciation Rights (SARs)
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Common shares excluded from computation of diluted earnings per share	1,406,490	2,019,750

Earnings Per Share and Divide35

Earnings Per Share and Dividends (Dividends) (Details 3) - Quarter One [Member] - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Nov. 30, 2016	Nov. 30, 2015
Dividends Payable [Line Items]
Dividend Declaration Date	Oct. 20, 2016	Oct. 14, 2015
Dividend per Share	$ 0.08	$ 0.08
Total of Cash Dividends Declared	$ 15,248	$ 15,906
Date of Record for Dividend Payment	Nov. 15, 2016	Nov. 16, 2015
Dividend Cash Payment Date	Dec. 1, 2016	Dec. 1, 2015

Inventories (Details)

Inventories (Details) - USD ($) $ in Thousands	Nov. 30, 2016	Aug. 31, 2016
Inventories [Abstract]
Raw materials	$ 1,415,787	$ 1,302,481
Work in process	636,757	675,867
Finished goods	494,711	510,485
Reserve for inventory obsolescence	(41,056)	(32,221)
Total inventories	$ 2,506,199	$ 2,456,612

Stock-Based Compensation (Detai

Stock-Based Compensation (Details 1) - USD ($) $ in Thousands, shares in Millions	3 Months Ended
	Nov. 30, 2016	Nov. 30, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Recognition of stock-based compensation expense and related charges	$ (291)	$ 24,792
Stock-based compensation expense, tax benefits	100	$ 300
Reversal of stock-based compensation expense	$ 21,000
Time-based restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period	3 years
Restricted stock units awarded	1	2.5
Performance-based restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock units awarded	0.6	1.3
Performance-based restricted stock units \| Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period	3 years
Performance-based restricted stock units \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period	5 years
Performance-based restricted stock units \| Maximum \| Possibility One
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting percentage	100.00%
Performance-based restricted stock units \| Maximum \| Possibility Two
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting percentage	150.00%
Market Based Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period	3 years
Restricted stock units awarded	0.4	0.4
Market Based Restricted Stock Units [Member] \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting percentage	200.00%
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation related to share-based compensation costs	$ 74,600
Unrecognized compensation related to share-based compensation costs, weighted average period of recognition	1 year 6 months

Stock-Based Compensation (Stock

Stock-Based Compensation (Stock Option and SARs Activity) (Details 2) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended	12 Months Ended
		Nov. 30, 2016	Aug. 31, 2016
Stock-Based Compensation [Abstract]
Shares Available for Grant, Beginning Balance		4,898,739
Shares Available for Grant, SARS canceled		1,331,769
Shares Available for Grant, Restricted stock awards granted, net of forfeitures	[1]	1,231,137
Shares Available for Grant, Ending Balance		7,461,645	4,898,739
SARS Outstanding, beginning balance		2,439,066
SARS Outstanding, SARS canceled		(1,331,769)
SARS Outstanding, SARS exercised		(28,818)
SARS Outstanding, ending balance		1,078,479	2,439,066
SARS Outstanding, exercisable ending balance		1,078,479
Aggregate Intrinsic Value, beginning balance		$ 1,066
Aggregate Intrinsic Value, ending balance		1,052	$ 1,066
Aggregate Intrinsic Value, Exercisable ending balance		$ 1,052
Weighted-Average Exercise Price, beginning balance		$ 25.32
Weighted-Average Exercise Price, SARS canceled		29.27
Weighted-Average Exercise Price, SARS exercised		22.52
Weighted-Average Exercise Price, ending balance		20.55	$ 25.32
Weighted-Average Exercise Price, exercisable ending balance		$ 20.55
Weighted-Average Remaining Contractual Life		2 years 1 month 29 days	1 year 1 month 17 days
Weighted-Average Remaining Contractual Life, Exercisable ending balance		2 years 1 month 29 days

[1]	Represents the maximum number of shares that can be issued based on the achievement of certain performance criteria.

Stock-Based Compensation (Restr

Stock-Based Compensation (Restricted Stock Activity) (Details 3)	3 Months Ended
	Nov. 30, 2016$ / sharesshares
Number of unvested shares
Shares, unvested beginning balance \| shares	14,777,178
Shares, unvested ending balance \| shares	11,733,873
Changes during the period
Shares granted \| shares	2,705,180	[1]
Shares vested \| shares	(1,812,168)
Shares forfeited \| shares	(3,936,317)
Weighted-Average Grant-Date Fair Value
Weighted-Average Grant-Date Fair Value, beginning balance \| $ / shares	$ 21.09
Weighted-Average Grant-Date Fair Value, ending balance \| $ / shares	21.74
Changes during the period
Weighted-Average Grant-Date Fair Value, Shares granted \| $ / shares	23.57	[1]
Weighted-Average Grant-Date Fair Value, Shares vested \| $ / shares	21.25
Weighted-Average Grant-Date Fair Value, Shares forfeited \| $ / shares	$ 20.79

[1]	For those shares granted that are based on the achievement of certain performance criteria, represents the maximum number of shares that can vest.

Concentration of Risk and Seg40

Concentration of Risk and Segment Data (Details 1)	3 Months Ended
Concentration of Risk and Segment Data (Details 1)	Nov. 30, 2016CountryCustomerSegment	Nov. 30, 2015
Entity Wide Revenue Major Customer [Line Items]
Number of operating segments \| Segment	2
Number of operating countries \| Country	28
Geographic Concentration Risk [Member] \| Net revenue [Member] \| Foreign [Member]
Entity Wide Revenue Major Customer [Line Items]
Concentration Risk, Percentage	92.30%	92.10%
Customer Concentration Risk [Member] \| Net revenue [Member] \| Group Of Customers That Account For 90 Percent Of Total Net Revenue [Member]
Entity Wide Revenue Major Customer [Line Items]
Top customers that comprise revenue	70
Concentration Risk, Percentage	90.00%
Customer Concentration Risk [Member] \| Net revenue [Member] \| Five Largest Customers That Account For A Percentage Of Net Revenue [Member]
Entity Wide Revenue Major Customer [Line Items]
Top customers that comprise revenue	5
Concentration Risk, Percentage	51.00%

Concentration of Risk and Seg41

Concentration of Risk and Segment Data (Segment Revenue) (Details 2) - USD ($) $ in Thousands	3 Months Ended
	Nov. 30, 2016	Nov. 30, 2015
Segment Reporting, Revenue Reconciling Item [Line Items]
Net revenue	$ 5,104,898	$ 5,207,977
EMS [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Net revenue	2,703,290	2,724,414
DMS [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Net revenue	$ 2,401,608	$ 2,483,563

Concentration of Risk and Seg42

Concentration of Risk and Segment Data (Segment Income) (Details 3) - USD ($) $ in Thousands	3 Months Ended
	Nov. 30, 2016	Nov. 30, 2015
Reconciling items:
Amortization of intangibles	$ 8,322	$ 7,840
Stock-based compensation expense and related charges	(291)	24,792
Restructuring and related charges	35,902	1,353
Other expense	4,680	1,765
Interest income	(2,455)	(2,064)
Interest expense	32,844	33,035
Income before income tax	130,538	181,767
EMS [Member]
Reconciling items:
Income before income tax	89,546	83,266
DMS [Member]
Reconciling items:
Income before income tax	119,994	165,222
Operating Segments [Member]
Reconciling items:
Income before income tax	$ 209,540	$ 248,488

Concentration of Risk and Seg43

Concentration of Risk and Segment Data (Segment Assets) (Details 4) - USD ($) $ in Thousands	Nov. 30, 2016	Aug. 31, 2016
Segment Reporting Asset Reconciling Item [Line Items]
Assets	$ 10,543,846	$ 10,322,677
EMS [Member]
Segment Reporting Asset Reconciling Item [Line Items]
Assets	2,768,080	2,615,237
DMS [Member]
Segment Reporting Asset Reconciling Item [Line Items]
Assets	5,010,360	5,012,798
Other non-allocated assets
Segment Reporting Asset Reconciling Item [Line Items]
Assets	$ 2,765,406	$ 2,694,642

Notes Payable, Long-Term Debt44

Notes Payable, Long-Term Debt and Capital Lease Obligations (Details 1) - USD ($) $ in Thousands	Nov. 30, 2016	Aug. 31, 2016
Debt Instrument [Line Items]
Borrowings under loans	$ 493,234	$ 502,210
Capital lease obligations	27,856	28,478
Total notes payable, long-term debt and capital lease obligations	2,110,910	2,119,822
Less current installments of notes payable, long-term debt and capital lease obligations	43,198	45,810
Notes payable, long-term debt and capital lease obligations, less current installments	2,067,712	2,074,012
8.250% Senior Notes Due 2018
Debt Instrument [Line Items]
Senior Notes	398,791	398,552
5.625% Senior Notes Due 2020
Debt Instrument [Line Items]
Senior Notes	396,435	396,212
4.700% Senior Notes due 2022
Debt Instrument [Line Items]
Senior Notes	496,205	496,041
4.900% Senior Notes due 2023
Debt Instrument [Line Items]
Senior Notes	$ 298,389	$ 298,329

Notes Payable, Long-Term Debt45

Notes Payable, Long-Term Debt and Capital Lease Obligations (Details 2) - USD ($) $ in Thousands	Nov. 30, 2016	Aug. 31, 2016
Notes Payable, Long-Term Debt and Capital Lease Obligations [Abstract]
Total notes payable, long-term debt and capital lease obligations	$ 2,110,910	$ 2,119,822
Less current installments of notes payable, long-term debt and capital lease obligations	43,198	45,810
Notes payable, long-term debt and capital lease obligations, less current installments	$ 2,067,712	$ 2,074,012

Notes Payable, Long-Term Debt46

Notes Payable, Long-Term Debt and Capital Lease Obligations (Additional Information) (Details 3) - USD ($) $ in Thousands	Nov. 30, 2016	Aug. 31, 2016
Debt Instrument [Line Items]
Debt obligation utilized	$ 493,234	$ 502,210
Total assets	10,543,846	10,322,677
Total liabilities	$ 8,151,884	$ 7,865,180

Notes Payable, Long-Term Debt47

Notes Payable, Long-Term Debt and Capital Lease Obligations (Fair Value) (Details 4) $ in Millions	Nov. 30, 2016USD ($)
8.250% Senior Notes Due 2018
Debt Instrument [Line Items]
Estimated fair value of senior notes	$ 431.4
5.625% Senior Notes Due 2020
Debt Instrument [Line Items]
Estimated fair value of senior notes	433.3
4.700% Senior Notes due 2022
Debt Instrument [Line Items]
Estimated fair value of senior notes	514.5
4.900% Senior Notes due 2023
Debt Instrument [Line Items]
Estimated fair value of senior notes	$ 306.1

Trade Accounts Receivable Sec48

Trade Accounts Receivable Securitization and Sale Programs (Details) - USD ($) $ in Millions	3 Months Ended
	Nov. 30, 2016	Nov. 30, 2015
Trade Accounts Receivable Sale Programs
Trade Accounts Receivable Securitization and Sale Program [Line Items]
Trade accounts receivable sold	$ 900	$ 1,400
Cash proceeds for the sale of trade accounts receivable	900	1,400
Pretax losses on sale of trade accounts receivable	$ (1.2)	(1)
Asset-Backed Securitization Programs
Trade Accounts Receivable Securitization and Sale Program [Line Items]
Percentage of trade accounts receivable sold to conduits by special purpose entities	100.00%
Trade accounts receivable sold	$ 2,300	1,900
Cash proceeds for the sale of trade accounts receivable	1,600	1,500
Deferred purchases price receivable	765.6	451.6
Pretax losses on sale of trade accounts receivable	$ (1.8)	$ (1)
North American Asset-Backed Securitization Program
Trade Accounts Receivable Securitization and Sale Program [Line Items]
Expiration date	Oct. 20, 2017
Maximum net cash proceeds available at any one time under asset-backed securitization program and sales program	$ 200
Foreign Asset-Backed Securitization Program
Trade Accounts Receivable Securitization and Sale Program [Line Items]
Expiration date	May 1, 2018
Maximum net cash proceeds available at any one time under asset-backed securitization program and sales program	$ 275
650.0 Million Dollar Trade Accounts Receivable Sale Program \| Trade Accounts Receivable Sale Programs
Trade Accounts Receivable Securitization and Sale Program [Line Items]
Expiration date	Aug. 31, 2017
Maximum net cash proceeds available at any one time under asset-backed securitization program and sales program	$ 650
150.0 Million Dollar Trade Accounts Receivable Sale Program
Trade Accounts Receivable Securitization and Sale Program [Line Items]
Expiration date	Aug. 31, 2017
Maximum net cash proceeds available at any one time under asset-backed securitization program and sales program	$ 150
100.0 Million Dollar Trade Accounts Receivable Sale Program
Trade Accounts Receivable Securitization and Sale Program [Line Items]
Expiration date	Oct. 31, 2017
Maximum net cash proceeds available at any one time under asset-backed securitization program and sales program	$ 100
Minimum number of days notice required to cancel receivable sale agreements	15 days
Agreement extension date	Nov. 1, 2018
Minimum number of days notice required to not automatically extend receivable sale agreements	30 days

Accumulated Other Comprehensi49

Accumulated Other Comprehensive Income (Summary of Changes in AOCI) (Details) - USD ($) $ in Thousands	3 Months Ended
	Nov. 30, 2016	Nov. 30, 2015
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	$ (39,877)
Other comprehensive income (loss) before reclassifications	(16,635)
Amounts reclassified from AOCI	3,597
Other comprehensive loss	(13,038)	$ (8,678)
Ending balance	(52,915)
Foreign currency translation adjustment
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	16,338
Other comprehensive income (loss) before reclassifications	(23,619)
Other comprehensive loss	(23,619)
Ending balance	(7,281)
Derivative instruments
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	7,784
Other comprehensive income (loss) before reclassifications	8,234
Amounts reclassified from AOCI	3,597
Other comprehensive loss	11,831
Ending balance	19,615
Actuarial loss
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(43,587)
Ending balance	(43,587)
Prior service cost
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	941
Ending balance	941
Unrealized (loss) gain on available for sale securities
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(21,353)
Other comprehensive income (loss) before reclassifications	(1,250)
Other comprehensive loss	(1,250)
Ending balance	$ (22,603)

Accumulated Other Comprehensi50

Accumulated Other Comprehensive Income (Additional Information) (Details 2)	3 Months Ended
	Nov. 30, 2016USD ($)
Accumulated Other Comprehensive Income [Abstract]
Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Tax	$ 0
Other Comprehensive Income (Loss), Available-for-sale Securities, Tax	$ 0

Postretirement and Other Empl51

Postretirement and Other Employee Benefits (Details 1) - USD ($) $ in Thousands	3 Months Ended
	Nov. 30, 2016	Nov. 30, 2015
Postretirement and Other Employee Benefits [Abstract]
Service cost	$ 259	$ 222
Interest cost	746	1,268
Expected long-term return on plan assets	(1,129)	(1,463)
Recognized actuarial loss	476	266
Amortization of prior service cost	(34)	(35)
Net periodic benefit cost	$ 318	$ 258

Postretirement and Other Empl52

Postretirement and Other Employee Benefits (Details 2) $ in Millions	3 Months Ended
	Nov. 30, 2016USD ($)
Defined Benefit Plan Disclosure [Line Items]
Contributions to defined benefit pension plans	$ 0.7
Minimum
Defined Benefit Plan Disclosure [Line Items]
Expected cash contributions to funded pension plans during the fiscal year ended August 31, 2017	2.6
Maximum
Defined Benefit Plan Disclosure [Line Items]
Expected cash contributions to funded pension plans during the fiscal year ended August 31, 2017	$ 3.4

Commitments and Contingencies (

Commitments and Contingencies (Details) $ in Millions	Nov. 30, 2016USD ($)
Commitments and Contingencies [Abstract]
Potential additional income tax payment due	$ 28.6

Derivative Financial Instrume54

Derivative Financial Instruments and Hedging Activities (Details 1) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Aug. 31, 2007	Aug. 31, 2016	Nov. 30, 2016
Forward foreign exchange contracts
Derivative [Line Items]
Aggregate notional amount outstanding		$ 1,700	$ 1,700
Forward foreign exchange contracts \| Cash Flow Hedging
Derivative [Line Items]
Aggregate notional amount outstanding		323.3	$ 261.3
8.250% Senior Notes Due 2018 \| Interest rate swap \| Cash Flow Hedging
Derivative [Line Items]
Aggregate notional amount outstanding	$ 400
Payment to settle interest rate swaps	$ 43.1
Expiry date	Mar. 15, 2018
Anticipated Debt Issuance [Member] \| Cash Flow Hedging
Derivative [Line Items]
Aggregate notional amount outstanding		$ 200
Expiry date		Mar. 15, 2018
Term Loan Facility [Member] \| Cash Flow Hedging
Derivative [Line Items]
Aggregate notional amount outstanding		$ 200
Expiry date		Jun. 30, 2019

Derivative Financial Instrume55

Derivative Financial Instruments and Hedging Activities (Fair Value of Assets and Liabilities Related to Recurring Foreign Forward Exchange Contracts) (Details 2) - Recurring $ in Thousands	Nov. 30, 2016USD ($)
Assets:
Forward foreign exchange contracts, Assets	$ 14,218
Liabilities:
Forward foreign exchange contracts, Liabilities	(35,919)
Total	(21,701)
Level 2
Assets:
Forward foreign exchange contracts, Assets	14,218
Liabilities:
Forward foreign exchange contracts, Liabilities	(35,919)
Total	$ (21,701)

Derivative Financial Instrume56

Derivative Financial Instruments and Hedging Activities (Fair Value of Derivative Instruments on Condensed Consolidated Balance Sheets for Foreign Currency Risk Management Purposes) (Details 3) - Forward foreign exchange contracts - USD ($) $ in Thousands	Nov. 30, 2016	Aug. 31, 2016
Designated as Hedging Instruments \| Accrued expenses
Derivatives, Fair Value [Line Items]
Forward foreign exchange contracts, Liability Derivatives	$ 9,214	$ 1,986
Designated as Hedging Instruments \| Prepaid expenses and other current assets
Derivatives, Fair Value [Line Items]
Forward foreign exchange contracts, Asset Derivatives	1,015	420
Not Designated as Hedging Instrument \| Accrued expenses
Derivatives, Fair Value [Line Items]
Forward foreign exchange contracts, Liability Derivatives	26,705	10,801
Not Designated as Hedging Instrument \| Prepaid expenses and other current assets
Derivatives, Fair Value [Line Items]
Forward foreign exchange contracts, Asset Derivatives	$ 13,203	$ 3,850

Restructuring and Related Cha57

Restructuring and Related Charges (Details 1) - USD ($)	3 Months Ended
Restructuring and Related Charges (Details 1) - USD ($)	Nov. 30, 2016	Nov. 30, 2015
Restructuring Cost and Reserve [Line Items]
Restructuring and related charges	$ 35,902,000	$ 1,353,000
2013 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Restructuring and related charges	1,840,000	1,353,000
Total pre-tax restructuring and other related costs expected to be recognized	179,000,000
Restructuring related charges to date	163,700,000
2017 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Restructuring and related charges	34,062,000
Total pre-tax restructuring and other related costs expected to be recognized	195,000,000
Restructuring related charges to date	34,062,000
EMS [Member] \| 2013 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Restructuring and related charges	1,840,000	1,236,000
Restructuring related charges to date	126,000,000
EMS [Member] \| 2017 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Restructuring and related charges	5,521,000
Restructuring related charges to date	5,521,000
DMS [Member] \| 2013 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Restructuring and related charges		236,000
Restructuring related charges to date	28,800,000
DMS [Member] \| 2017 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Restructuring and related charges	11,504,000
Restructuring related charges to date	11,504,000
Other \| 2013 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Restructuring and related charges		(119,000)
Restructuring related charges to date	8,900,000
Other \| 2017 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Restructuring and related charges	17,037,000
Restructuring related charges to date	17,037,000
Restructuring Charges Cash \| 2013 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Total pre-tax restructuring and other related costs expected to be recognized	157,400,000
Restructuring Charges Cash \| 2017 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Total pre-tax restructuring and other related costs expected to be recognized	50,000,000
Charges Not Yet Recognized [Member] \| 2013 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Total pre-tax restructuring and other related costs expected to be recognized	15,300,000
Charges Not Yet Recognized [Member] \| 2017 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Total pre-tax restructuring and other related costs expected to be recognized	160,900,000
Employee Severance \| 2013 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Restructuring and related charges	1,490,000	1,078,000
Employee Severance \| 2017 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Restructuring and related charges	17,896,000
Asset Write-Off Cost \| 2017 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Restructuring and related charges	12,640,000
Lease Costs \| 2017 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Restructuring and related charges	3,291,000
Other Related Costs \| 2013 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Restructuring and related charges	350,000	$ 275,000
Other Related Costs \| 2017 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Restructuring and related charges	$ 235,000

Restructuring and Related Cha58

Restructuring and Related Charges (Significant Components and Activity) (Details 2) - USD ($) $ in Thousands	3 Months Ended
	Nov. 30, 2016	Nov. 30, 2015
Restructuring Cost and Reserve [Line Items]
Restructuring Related Charges	$ 35,902	$ 1,353
2013 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Liability, Beginning Balance	18,027	30,957
Restructuring Related Charges	1,840	1,353
Asset Write off Charge and Other Non- Cash Activity	(701)	(1,445)
Cash Payments	(3,221)	(9,170)
Liability, Ending Balance	15,945	21,695
2017 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Restructuring Related Charges	34,062
Asset Write off Charge and Other Non- Cash Activity	(12,655)
Cash Payments	(8,900)
Liability, Ending Balance	12,507
Employee Severance \| 2013 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Liability, Beginning Balance	17,266	30,047
Restructuring Related Charges	1,490	1,078
Asset Write off Charge and Other Non- Cash Activity	(669)	(1,396)
Cash Payments	(2,883)	(8,954)
Liability, Ending Balance	15,204	20,775
Employee Severance \| 2017 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Restructuring Related Charges	17,896
Asset Write off Charge and Other Non- Cash Activity	(15)
Cash Payments	(7,987)
Liability, Ending Balance	9,894
Lease Costs \| 2013 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Liability, Beginning Balance	21	64
Liability, Ending Balance	21	64
Lease Costs \| 2017 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Restructuring Related Charges	3,291
Cash Payments	(767)
Liability, Ending Balance	2,524
Asset Write-Off Cost \| 2017 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Restructuring Related Charges	12,640
Asset Write off Charge and Other Non- Cash Activity	(12,640)
Other Related Costs \| 2013 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Liability, Beginning Balance	740	846
Restructuring Related Charges	350	275
Asset Write off Charge and Other Non- Cash Activity	(32)	(49)
Cash Payments	(338)	(216)
Liability, Ending Balance	720	$ 856
Other Related Costs \| 2017 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Restructuring Related Charges	235
Cash Payments	(146)
Liability, Ending Balance	$ 89

Restructuring and Related Cha59

Restructuring and Related Charges (Significant Components and Activity by Reportable Segment) (Details 3) - USD ($) $ in Thousands	3 Months Ended
	Nov. 30, 2016	Nov. 30, 2015
Restructuring Cost and Reserve [Line Items]
Restructuring Related Charges	$ 35,902	$ 1,353
2013 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Liability, Beginning Balance	18,027	30,957
Restructuring Related Charges	1,840	1,353
Asset Write off Charge and Other Non- Cash Activity	(701)	(1,445)
Cash Payments	(3,221)	(9,170)
Liability, Ending Balance	15,945	21,695
2017 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Restructuring Related Charges	34,062
Asset Write off Charge and Other Non- Cash Activity	(12,655)
Cash Payments	(8,900)
Liability, Ending Balance	12,507
EMS [Member] \| 2013 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Liability, Beginning Balance	17,338	28,834
Restructuring Related Charges	1,840	1,236
Asset Write off Charge and Other Non- Cash Activity	(689)	(1,426)
Cash Payments	(3,101)	(8,565)
Liability, Ending Balance	15,388	20,079
EMS [Member] \| 2017 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Restructuring Related Charges	5,521
Asset Write off Charge and Other Non- Cash Activity	(5,070)
Cash Payments	(326)
Liability, Ending Balance	125
DMS [Member] \| 2013 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Liability, Beginning Balance	689	1,960
Restructuring Related Charges		236
Asset Write off Charge and Other Non- Cash Activity	(12)	(19)
Cash Payments	(120)	(561)
Liability, Ending Balance	557	1,616
DMS [Member] \| 2017 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Restructuring Related Charges	11,504
Asset Write off Charge and Other Non- Cash Activity	(7,577)
Cash Payments	(1,144)
Liability, Ending Balance	2,783
Other \| 2013 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Liability, Beginning Balance		163
Restructuring Related Charges		(119)
Cash Payments		$ (44)
Other \| 2017 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Restructuring Related Charges	17,037
Asset Write off Charge and Other Non- Cash Activity	(8)
Cash Payments	(7,430)
Liability, Ending Balance	$ 9,599

Business Acquisitions (Details)

Business Acquisitions (Details) $ in Millions	12 Months Ended
Business Acquisitions (Details) $ in Millions	Aug. 31, 2016USD ($)
Two Acquisitions (Inala & Shemer) Completed In Fiscal Year 2016 [Member]
Business Acquisition [Line Items]
Amount of cash paid for business acquisitions	$ 72.3
Assets acquired	92.2
Intangible assets acquired	31.4
Liabilities assumed	19.9
Two Acquisitions (Inala & Shemer) Completed In Fiscal Year 2016 [Member] \| EMS [Member]
Business Acquisition [Line Items]
Goodwill	$ 19.3
Hanson [Member]
Business Acquisition [Line Items]
Date of acquisition	Jan. 13, 2016
Amount of cash paid for business acquisitions	$ 139.2
Real property	33.3
Assets acquired	406.4
Property, plant and equipment acquired	276.8
Intangible assets and goodwill acquired	129.6
Liabilities assumed	230
Deferred tax liabilities assumed	$ 3.9

Income Taxes (Details)

Income Taxes (Details)	3 Months Ended
Income Taxes (Details)	Nov. 30, 2016
Income Taxes [Abstract]
U.S federal statutory rate	35.00%