Restructuring Charges Restructuring Charges(Notes)

12 Months Ended

Aug. 31, 2025

Restructuring and Related Activities [Abstract]

Restructuring and Related Activities Disclosure [Text Block]

Note 4. Restructuring Charges

The Company has undertaken or committed to various restructuring initiatives, including workforce reductions, leadership changes, plant consolidations to reduce manufacturing overhead, satellite office closures, the continued movement of production and product sourcing to low-cost alternatives and the centralization and standardization of certain administrative functions. Liabilities for severance are generally to be paid within twelve months, while future lease payments related to facilities vacated as a result of restructuring are to be paid over the underlying remaining lease terms.

On June 27, 2022, the Company approved a restructuring plan in connection with the initiatives identified as part of the ASCEND transformation program (see Note 3, “ASCEND Transformation Program”) to drive greater efficiency and productivity in global selling, general and administrative resources. The costs of this plan were predominately severance and other employee-related costs incurred as cash expenditures and impacting both IT&S and Corporate.

For the years ended August 31, 2024 and 2023, the Company recorded $7.8 million and $7.7 million, respectively, of restructuring charges associated with the ASCEND transformation program, inclusive of the Other Segment. No restructuring charges associated with the ASCEND transformation program were recorded for the year ended August 31, 2025 as the ASCEND program ended at August 31, 2024, with a total restructuring charge of $18.6 million.

The following summarizes ASCEND restructuring reserve activity for the IT&S segment and Corporate (in thousands):

	Year Ended August 31, 2025
	IT&S		Corporate
Balance as of August 31, 2024	$	3,527	$	197
Cash payments	(3,510)		(197)
Impact of changes in foreign currency rates	(17)		—
Balance as of August 31, 2025	$	—	$	—

	Year Ended August 31, 2024
	IT&S		Corporate
Balance as of August 31, 2023	$	2,238	$	74
Restructuring charges	7,244		552
Cash payments	(5,352)		(429)
Other non-cash uses of reserve	(635)		—
Impact of changes in foreign currency rates	32		—
Balance as of August 31, 2024	$	3,527	$	197

Restructuring and Related Costs

	Year Ended August 31, 2025
	IT&S		Corporate
Balance as of August 31, 2024	$	3,527	$	197
Cash payments	(3,510)		(197)
Impact of changes in foreign currency rates	(17)		—
Balance as of August 31, 2025	$	—	$	—

	Year Ended August 31, 2024
	IT&S		Corporate
Balance as of August 31, 2023	$	2,238	$	74
Restructuring charges	7,244		552
Cash payments	(5,352)		(429)
Other non-cash uses of reserve	(635)		—
Impact of changes in foreign currency rates	32		—
Balance as of August 31, 2024	$	3,527	$	197