Leases Leases

6 Months Ended

Feb. 28, 2022

Leases [Abstract]

Lessee, Operating Leases [Text Block]

Note 14. 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. There have been no material changes to our operating lease ROU assets and operating lease liabilities during the six months ended February 28, 2022.

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

	Three Months Ended February 28,				Six Months Ended February 28,
	2022		2021		2022		2021
Lease Cost:
Operating lease cost	$	3,698	$	3,766	$	7,423	$	7,471
Short-term lease cost	399		397		849		810
Variable lease cost	1,110		865		2,014		1,747

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

	Six Months Ended February 28,
	2022		2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	7,190	$	7,486
Right-of-use assets obtained in exchange for new lease liabilities:
Operating leases	3,598		1,360