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Inventories
9 Months Ended
May 31, 2025
Inventory Disclosure [Abstract]  
Inventories

9. Inventories

Inventories are stated at the lower of cost or net realizable value, net of any reserve for excess and obsolete inventory. Work-in-process and finished goods inventories consist of materials, labor and manufacturing overhead. Judgments and estimates are used in determining the likelihood that new goods on hand can be sold to customers or used in rental operations. Historical inventory usage and current revenue trends are considered in estimating both excess and obsolete inventories. If actual product demand and market conditions are less favorable than those projected by management, additional inventory write-downs may be required. The Company uses the first-in, first-out (“FIFO”) method to value its inventories.

 

The components of inventory as of May 31, 2025 and August 31, 2024 were as follows (in thousands):

 

 

 

May 31, 2025

 

 

August 31, 2024

 

Raw materials

 

$

19,708

 

 

$

22,164

 

Work in process

 

 

3,094

 

 

 

2,832

 

Finished goods

 

 

126,045

 

 

 

131,912

 

Total inventories

 

$

148,847

 

 

$

156,908