Leases Leases

6 Months Ended

Feb. 28, 2025

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 significant 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, 2025.

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

	Three Months Ended				Six Months Ended
	February 28, 2025		February 29, 2024		February 28, 2025		February 29, 2024
Lease Cost:
Operating lease cost	$	3,070	$	3,209	$	6,170	$	6,185
Short-term lease cost	409		524		880		1,109
Variable lease cost	1,159		731		2,078		1,650

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

	Six Months Ended
	February 28, 2025		February 29, 2024
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	5,970	$	6,081
Right-of-use assets obtained in exchange for new lease liabilities:
Operating leases	1,573		2,197