Leases Leases

6 Months Ended

Feb. 28, 2021

Leases [Abstract]

Lessee, Operating Leases [Text Block]

Note 15. Leases

The Company has operating leases for real estate, vehicles, manufacturing equipment, IT equipment and office equipment (the Company does not have any financing leases). Our leases typically range in term from 3 to 15 years and may contain renewal options for periods up to 5 years at our discretion. Operating leases are recorded as operating lease ROU assets in “Other long-term assets” and operating lease liabilities in “Other current liabilities” and “Other long-term liabilities” of the Condensed Consolidated Balance Sheets.

The components of lease expense were as follows (in thousands):

	Three Months Ended				Six Months Ended
	February 28, 2021		February 29, 2020		February 28, 2021		February 29, 2020
Lease Cost:
Operating lease cost	$	3,766	$	3,894	$	7,471	$	8,147
Short-term lease cost	397		310		810		765
Variable lease cost	865		564		1,747		1,033

Supplemental cash flow and other information related to leases were as follows (in thousands):

	Six Months Ended
	February 28, 2021		February 29, 2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	7,486	$	8,141
Right-of-use assets obtained in exchange for new lease liabilities:
Operating leases	1,360		4,532