PROPERTY AND EQUIPMENT (Tables)

12 Months Ended

Aug. 31, 2024

Property, Plant and Equipment [Abstract]

Summary of Property and Equipment

Property and equipment consist of the following (in thousands):

	August 31, 2024		August 31, 2023
Land	$	278,115	$	238,374
Building and improvements	737,269		650,060
Fixtures and equipment	421,273		385,100
Construction in progress	85,271		99,545
Total property and equipment, historical cost	1,521,928		1,373,079
Less: accumulated depreciation	(585,820)		(522,751)
Property and equipment, net	$	936,108	$	850,328

A summary of asset disposal activity for fiscal years 2024, 2023 and 2022 is as follows (in thousands):

	Historical Cost		Accumulated Depreciation		Proceeds from disposal		Loss recognized
Fiscal Year 2024	$	24,803	$	19,370	$	3,265	$	(2,168)
Fiscal Year 2023	$	11,484	$	10,379	$	361	$	(744)
Fiscal Year 2022	$	12,785	$	11,327	$	193	$	(1,265)

Summary of Depreciation and Amortization Expense

Depreciation and amortization expense (in thousands):

	Years Ended August 31,
	2024		2023		2022
Depreciation expense, Property and equipment	$	82,611	$	71,933	$	66,255
Amortization expense, Intangible assets	—		765		1,613
Total depreciation and amortization expense	$	82,611	$	72,698	$	67,868

Summary of Total Interest Capitalized

Total interest capitalized (in thousands):

	Balance as of
	August 31, 2024		August 31, 2023
Total interest capitalized	$	15,533	$	15,426

Total interest capitalized (in thousands):

	Years Ended August 31,
	2024		2023		2022
Interest capitalized	$	939	$	2,083	$	1,263