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SEGMENT INFORMATION (Tables)
6 Months Ended
Feb. 28, 2021
SEGMENT INFORMATION [Abstract]  
Segment Information
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 February 28, 2021
 
  
Water and
wastewater resource
development
  
Land
development
  
Corporate
  
Total
 
  
(In thousands)
 
Total revenue
 
$
2,676
  
$
2,063
  
$
  
$
4,739
 
Cost of revenue
  
(640
)
  
(269
)
  
   
(909
)
Depreciation and depletion
  
(354
)
  
   
   
(354
)
Total cost of revenue
  
(994
)
  
(269
)
  
   
(1,263
)
Gross margin
 $
1,682
  $
1,794
  $
  $
3,476
 

  
Three Months Ended February 29, 2020
 
  
Water and
wastewater resource
development
  
Land
development
  
Corporate
  
Total
 
  
(In thousands)
 
Total revenue
 
$
1,254
  
$
2,265
  
$
  
$
3,519
 
Cost of revenue
  
(248
)
  
(1,817
)
  
   
(2,065
)
Depreciation and depletion
  
(383
)
  
   
   
(383
)
Total cost of revenue
  
(631
)
  
(1,817
)
  
   
(2,448
)
Gross margin
 
$
623
  
$
448
  
$
  
$
1,071
 

  
Six Months Ended February 28, 2021
 
  
Water and
wastewater resource
development
  
Land
development
  
Corporate
  
Total
 
  
(In thousands)
 
Total revenue
 
$
5,188
  
$
4,419
  
$
  
$
9,607
 
Cost of revenue
  
(1,301
)
  
(1,988
)
  
   
(3,289
)
Depreciation and depletion
  
(719
)
  
   
   
(719
)
Total cost of revenue
  
(2,020
)
  
(1,988
)
  
   
(4,008
)
Gross margin
 $
3,168
  $
2,431
  $
  $
5,599
 

  
Six Months Ended February 29, 2020
 
  
Water and
wastewater resource
development
  
Land
development
  
Corporate
  
Total
 
  
(In thousands)
 
Total revenue
 
$
3,172
  
$
10,807
  
$
  
$
13,979
 
Cost of revenue
  
(552
)
  
(9,880
)
  
   
(10,432
)
Depreciation and depletion
  
(602
)
  
   
   
(602
)
Total cost of revenue
  
(1,154
)
  
(9,880
)
  
   
(11,034
)
Gross margin
 $
2,018
  $
927
  $
  $
2,945
 

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, cash equivalents and restricted cash, equipment, and related party notes receivables.

  
February 28, 2021
  
August 31, 2020
 
  
(In thousands)
 
Water and wastewater resource development
 
$
54,949
  
$
56,267
 
Land development
  
6,338
   
6,975
 
Corporate
  
47,239
   
26,519
 
Total assets
 
$
108,526
  
$
89,761