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Segment Information
 9 Months Ended
May 31, 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 Ended May 31,Nine Months Ended May 31,
 2025202420252024
Net Sales by Reportable Segment & Product Line
IT&S Segment
Product$124,308 $117,742 $344,274 $330,606 
Service & Rental29,066 28,194 89,950 87,187 
153,374 145,936 434,224 417,793 
Other Segment5,287 4,453 15,161 13,003 
$158,661 $150,389 $449,385 $430,796 
Operating Profit (Loss)
IT&S Segment$40,293 $41,048 $117,021 $114,028 
Other Segment2,083 1,253 4,702 3,144 
Corporate(10,695)(8,938)(28,090)(25,625)
$31,681 $33,363 $93,633 $91,547 
May 31, 2025August 31, 2024
Assets
IT&S Segment$666,889 $613,797 
Other Segment25,074 26,533 
Corporate136,141 136,998 
$828,104 $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.