Leases, Codification Topic 840 (Tables)

12 Months Ended

Aug. 31, 2023

Leases [Abstract]

Lease, Cost

The components of lease expense for the year ended August 31, 2023 and 2022 were as follows (in thousands):

	Year Ended August 31,
	2023		2022		2021
Lease Cost:
Operating lease cost	$	13,155	$	14,316	$	15,170
Short-term lease cost	2,318		1,714		1,611
Variable lease cost	4,411		3,609		3,086

Supplemental Cash Flow Information Related to Leases

Supplemental cash flow and other information related to leases for the year ended August 31, 2023 and 2022 were as follows (in thousands):

	Year Ended August 31,
	2023		2022		2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	13,153	$	14,166	$	15,240
Right-of-use assets obtained in exchange for new lease liabilities:
Operating leases	1,654		4,584		9,197

Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information related to leases at August 31, 2023 and 2022 were as follows (in thousands):

	August 31,
	2023			2022
Operating leases:
Other long-term assets	$	37,714		$	43,273
Other current liabilities	9,786			10,709
Other long-term liabilities	29,245			33,477
Total operating lease liabilities	$	39,031		$	44,186
Weighted Average Remaining Lease Term:
Operating leases	6.5 years			6.4 years
Weighted Average Discount Rate:
Operating leases	5.0		%	4.4		%

Lessee, Operating Lease, Liability, Maturity

A summary of the future minimum lease payments due under operating leases with terms of more than one year at August 31, 2023 is as follows (in thousands):

	Operating Leases
2024	$	11,368
2025	9,533
2026	6,650
2027	3,687
2028	3,131
Thereafter	11,540
Total minimum lease payments	45,909
Less imputed interest	(6,878)
Present value of net minimum lease payments	$	39,031