Investments in Unconsolidated Entities

9 Months Ended

May 31, 2022

Investments In Unconsolidated Entities Disclosure [Abstract]

Investments in Unconsolidated Entities

4. Investments in Unconsolidated Entities

The Company’s ownership interest and carrying amounts of investments in unconsolidated entities as of May 31, 2022 and August 31, 2021 consisted of the following (in thousands, except percentages):

	May 31, 2022			August 31, 2021
	Percentage			Percentage
	Ownership	Amount		Ownership	Amount
Equity method investments:
Equity investment without readily determinable fair value	Various	$	966	Various	$	1,011
Total investments in unconsolidated entities		$	966		$	1,011

There were no dividends received from unconsolidated entities through May 31, 2022.

Equity Investments without Readily Determinable Fair Value

Equity investments (except those accounted for under the equity method of accounting or those that result in consolidation of the Company) which do not have readily determinable fair values are recorded as equity investment without readily determinable fair value. All equity investments without readily determinable fair value are assessed for impairment when events or changes in circumstances indicate that the carrying amounts may not be recoverable, and measured at cost minus impairment, if any, plus or minus changes resulting from observable price changes in orderly transactions for an identical or similar investment of the same issuers.