Leases (Tables)

9 Months Ended

May 31, 2022

Leases [Abstract]

Summary of Lease Related Costs

Lease related costs recognized in the statements of operations are as follows:

		Three Months Ended May 31,				Nine Months Ended May 31,
		2022		2021		2022		2021
		(amounts in thousands)
Finance lease cost	Classification
Amortization of right-of-use assets	Depreciation and amortization expenses	$	145	$	157	$	424	$	465
Interest on lease liabilities	Interest expense		11		20		35		69
Total finance lease cost		$	156	$	177	$	459	$	534
		Three Months Ended May 31,				Nine Months Ended May 31,
		2022		2021		2022		2021
		(amounts in thousands)
Operating lease cost	Classification
Operating lease cost	Occupancy and related expenses, other costs and general and administrative expenses	$	2,088	$	1,571	$	5,835	$	4,687
Variable lease cost	Occupancy and related expenses, and general and administrative expenses		556		401		1,445		898
Total operating lease cost		$	2,644	$	1,972	$	7,280	$	5,585

Summary of Supplemental Balance Sheet Information

Supplemental balance sheet information related to leases is as follows:

Operating Leases

	May 31, 2022		August 31, 2021
	(amounts in thousands)
Right-of-use assets	$	78,569	$	64,158
Lease liabilities – current	$	7,062	$	5,650
Lease liabilities – non-current		80,679		65,834
Total lease liabilities	$	87,741	$	71,484

Finance Lease Assets – net

	May 31, 2022			August 31, 2021
	(amounts in thousands)
Property and equipment	$	6,166		$	6,128
Accumulated depreciation		(3,203	)		(2,778	)
Total property and equipment – net	$	2,963		$	3,350

Finance Leases Liabilities

	May 31, 2022		August 31, 2021
	(amounts in thousands)
Finance lease – current	$	697	$	932
Finance lease – non-current		49		546
Total finance lease liabilities	$	746	$	1,478

	Nine months ended May 31,
	2022			2021
Weighted Average Remaining Lease Term (Years)
Operating leases		16.3			16.0
Finance leases		1.0			1.7
Weighted Average Discount Rate
Operating leases		6.4	%		6.6	%
Finance leases		4.7	%		4.5	%

Summary of Supplemental Disclosures of Cash Flow Information Related to Leases

Supplemental disclosures of cash flow information related to leases are as follows:

	Nine Months Ended May 31,
	2022		2021
	(amounts in thousands)
Operating cash flows paid for operating lease liabilities	$	4,781	$	3,234
Operating right-of-use assets obtained in exchange for new operating lease liabilities	$	16,622	$	2,952

Summary of Maturities of Lease Liabilities Net of Lease Receivables

Maturities of lease liabilities, net of lease receivables, were as follows:

	Operating Leases			Finance Leases
	(amounts in thousands)
Remainder of 2022	$	902		$	234
2023		6,263			503
2024		7,995			36
2025		8,314			7
2026		8,234			—
Thereafter		110,274			—
Total lease payments		141,982			780
Less: imputed interest		(54,241	)		(34	)
Present value of lease liabilities	$	87,741		$	746