SEGMENT INFORMATION (Tables)

3 Months Ended

Nov. 30, 2020

The tables below present the measure of profit and assets the CODM uses to assess the performance of the segment for the periods presented:

	Three Months Ended November 30, 2020
	Water and wastewater resource development			Land development			Corporate			Total
	(In thousands)
Total Revenue	$	2,512		$	2,356		$	—		$	4,868
Cost of revenue		(661	)		(1,719	)		—			(2,380	)
Depreciation and depletion		(365	)		—			—			(365	)
Total cost of revenue		(1,026	)		(1,719	)		—			(2,745	)
Gross Margin		1,486			637			—			2,123
Pretax operating income	$	1,486		$	637		$	(1,170	)	$	953

	Three Months Ended November 30, 2019
	Water and wastewater resource development			Land development			Corporate			Total
	(In thousands)
Total Revenue	$	1,918		$	8,542		$	—		$	10,460
Cost of revenue		(304	)		(8,063	)		—			(8,367	)
Depreciation and depletion		(219	)		—			—			(219	)
Total cost of revenue		(523	)		(8,063	)		—			(8,586	)
Gross Margin		1,395			479			—			1,874
Reimbursement of construction costs		—			6,276			—			6,276
Gross Margin after reimbursables	$	1,395		$	6,755		$	—		$	8,150
Pretax operating income	$	1,395		$	479		$	(886	)	$	988

The following table summarizes total assets for the Company’s water and wastewater resource development business and land development business by segment. The assets consist of water rights and water and wastewater systems in the Company’s water and wastewater resource development segment and land, inventories and deposits in the Company’s land development segment. The Company’s other assets (“Corporate”) primarily consist of cash and cash equivalents, equipment, mineral rights, related party notes receivables and an income tax receivable.

	November 30, 2020		August 31, 2020
	(In thousands)
Water and wastewater resource development	$	55,376	$	56,267
Land development		6,598		6,975
Corporate		26,979		26,519
Total assets	$	88,953	$	89,761