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Inventories
6 Months Ended
Feb. 28, 2017
Inventories [Abstract]  
Inventories

Note 5 – Inventories



Inventories consisted of the following as of February 28, 2017,  February 29, 2016,  and August 31, 2016:





 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



 

February 28,

 

February 29,

 

August 31,

($ in thousands)

 

2017

 

2016

 

2016

Raw materials and supplies

 

$

27,368 

 

$

24,663 

 

$

26,599 

Work in process

 

 

7,570 

 

 

8,714 

 

 

5,742 

Finished goods and purchased parts

 

 

53,587 

 

 

53,217 

 

 

47,805 

Total inventory value before LIFO adjustment

 

 

88,525 

 

 

86,594 

 

 

80,146 

Less adjustment to LIFO value

 

 

(5,678)

 

 

(4,516)

 

 

(5,396)

Inventories, net

 

$

82,847 

 

$

82,078 

 

$

74,750