Property And Equipment And Capitalized Cloud-Based Software Implementation Costs

9 Months Ended

May 31, 2022

Property And Equipment And Capitalized Cloud-Based Software Implementation Costs [Abstract]

Property And Equipment And Capitalized Cloud-Based Software Implementation Costs

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Note 4. Property and Equipment and Capitalized Cloud-Based Software Implementation Costs

Property and equipment, net, consisted of the following (in thousands): 

	May 31,		August 31,
	2022		2021
Machinery, equipment and vehicles	$	36,214	$	22,504
Buildings and improvements		28,895		29,697
Computer and office equipment		6,008		5,742
Internal-use software		9,969		10,559
Furniture and fixtures		2,755		2,794
Capital in progress		19,887		31,016
Land		4,317		4,406
Subtotal		108,045		106,718
Less: accumulated depreciation and amortization		(38,889)		(36,573)
Total	$	69,156	$	70,145

At August 31, 2021, capital in progress on the balance sheet included $30.3 million associated with capital costs related to proprietary machinery and equipment for the Company’s next generation of delivery systems for its WD-40 Smart Straw^® products. During the nine months ended May 31, 2022, $13.5 million of this machinery and equipment was placed in service and thus the Company reclassified these amounts from capital in progress to machinery, equipment and vehicles.

As of May 31, 2022 and August 31, 2021, the Company’s balance sheet included $5.4 million and $2.6 million, respectively, of capitalized cloud-based implementation costs recorded as other assets within the Company’s condensed consolidated balance sheets. Accumulated amortization associated with these assets were not significant as of May 31, 2022 and August 31, 2021. Amortization expense associated with these assets were not significant for the three or nine months ended May 31, 2022 or 2021.