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LEASES (Tables)
 12 Months Ended
Aug. 31, 2024
Leases [Abstract]  
Summary of Components of Total Lease Costs
The following table is a summary of the Company’s components of total lease costs for fiscal year 2024 and 2023 (in thousands):
Years Ended August 31,
20242023
Operating lease cost$15,368 $15,753 
Short-term lease cost243 162 
Variable lease cost5,464 5,034 
Sublease income(109)(91)
Total lease costs$20,966 $20,858 
The weighted average remaining lease term and weighted average discount rate for operating leases as of August 31, 2024 and August 31, 2023 were as follows:
Years Ended August 31,
20242023
Weighted average remaining lease term in years18.117.8
Weighted average discount rate percentage6.7 %6.8 %
Supplemental Cash Flow Information Related To Leases
Supplemental cash flow information related to leases under which the Company is the lessee was as follows (amounts in thousands):
Years Ended August 31,
20242023
Operating cash flows paid for operating leases$15,368$15,753
Schedule of Future Minimum Lease Commitments The present value of estimated future minimum lease commitments for this lease are as follows (in thousands):
Years Ended August 31,
Amount
2026$845 
20271,646 
20281,607 
20291,569 
20301,532 
Thereafter19,894 
Total future lease payments$27,093 
The Company is committed under non-cancelable operating leases for the rental of facilities and land. Future minimum lease commitments for facilities under these leases with an initial term in excess of one year are as follows (in thousands):
Years Ended August 31,Leased
Locations
2025$14,168
202612,354
202710,052
20289,581
20299,504
Thereafter144,041
Total future lease payments199,700
Less imputed interest (88,440)
Total operating lease liabilities$111,260