Operating Leases

12 Months Ended

Aug. 31, 2017

Operating Leases

Operating Leases

Note 8—Operating Leases

The Company is obligated under various operating leases, primarily for real property and equipment. Future minimum lease payments under noncancelable operating leases (with initial or remaining lease terms in excess of one year) as of August 31, 2017, are as follows:

	Future Operating
Year ending August 31,	Lease Payments
2018	$	1,623
2019		1,562
2020		1,565
2021		1,459
2022		956
2023 and thereafter		3,141
Total future minimum lease payments	$	10,306

Total rental expense for all operating leases amounted to $2,516, $1,631 and $1,541 for the years ended August 31, 2017, 2016 and 2015, respectively.