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Leases (Tables)
9 Months Ended
May 31, 2020
Leases  
Schedule of Lessee's balance sheet disclosure

 

 

 

 

 

 

May 31, 

 

 

2020

Assets

    

 

 

Operating lease right-of-use asset

 

$

8,658

 

 

 

 

Liabilities

 

 

 

Current (accrued expense)

 

$

1,965

Operating lease long-term liabilities

 

 

6,157

Total lease liability

 

$

8,122

 

 

 

 

 

Schedule of components of lease costs

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

May 31, 2020

 

May 31, 2020

 

 

 

 

 

 

 

Operating lease cost (a)

 

$

952

 

$

2,802

 

(a)

Includes short-term leases and variable lease costs (e.g. common area maintenance), which are immaterial.

 

Schedule of Maturity of lease liability

 

 

 

 

 

 

Future Operating

Year ending August 31,

    

Lease Payments

2020 (remaining 3 months)

 

$

681

2021

 

 

1,977

2022

 

 

1,333

2023

 

 

1,179

2024

 

 

1,193

2025 and thereafter

 

 

2,598

Less: Interest

 

 

(839)

Present value of lease liabilities

 

$

8,122

 


 

 

 

 

 

 

 

Future Operating

 

Year ending August 31,

    

Lease Payments

 

2020

 

$

2,468

 

2021

 

 

2,059

 

2022

 

 

1,371

 

2023

 

 

1,187

 

2024

 

 

1,200

 

2025 and thereafter

 

 

2,608

 

Total future minimum lease payments

 

$

10,893

 

 

Schedule of weighted average remaining lease term and discount rates

 

 

 

 

 

 

 

May 31, 

 

 

 

2020

 

Lease Term and Discount Rate

    

 

 

 

Weighted average remaining lease term (years)

 

 

 

 

Operating leases

 

 

5.6

 

Weighted average discount rate (percentage)

 

 

 

 

Operating leases

 

 

3.1

%

 

Schedule of supplemental cash flow information

 

 

 

 

 

 

Nine Months Ended

 

 

May 31, 2020

 

 

 

 

Operating cash outflows from operating leases

 

$

1,818

Total cash paid for amounts included in the measurement of lease liabilities

 

$

1,818