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Segment Information
 6 Months Ended
Feb. 28, 2025
Segment Reporting [Abstract]  
Segment Information
Note 12. Segment Information
The Company is a global manufacturer of a broad range of industrial products and solutions. The IT&S reportable segment is primarily engaged in the design, manufacture and distribution of branded hydraulic and mechanical tools and in providing services and tool rental to the infrastructure; industrial maintenance; repair and operations; oil & gas; mining; alternative and renewable energy; civil construction and other markets. The Other segment is included for purposes of reconciliation of the respective balances below to the condensed consolidated financial statements.
The following tables summarize financial information by reportable segment and product line (in thousands):    
 Three Months EndedSix Months Ended
 February 28, 2025February 29, 2024February 28, 2025February 29, 2024
Net Sales by Reportable Segment & Product Line
IT&S Segment
Product$113,880 $107,942 $219,966 $212,862 
Service & Rental26,836 26,880 60,884 58,994 
140,716 134,822 280,850 271,856 
Other Segment4,812 3,615 9,874 8,550 
$145,528 $138,437 $290,724 $280,406 
Operating Profit (Loss)
IT&S Segment$38,736 $37,415 $76,728 $72,980 
Other Segment1,301 (79)2,620 1,892 
Corporate(9,217)(7,815)(17,396)(16,688)
$30,820 $29,521 $61,952 $58,184 
February 28, 2025August 31, 2024
Assets
IT&S Segment$642,924 $613,797 
Other Segment26,576 26,533 
Corporate107,127 136,998 
$776,627 $777,328 

In addition to the impact of changes in foreign currency exchange rates, the comparability of segment and product line information is impacted by acquisition/divestiture activities, impairment and divestiture charges, restructuring costs and related benefits. Corporate assets, which are not allocated, principally represent cash and cash equivalents, property, plant and equipment, Right of Use ("ROU") assets, capitalized debt issuance costs and deferred income taxes.