Income Taxes (Tables)

12 Months Ended

Aug. 31, 2017

Income Taxes [Abstract]

Schedule Of Earnings Before Income Taxes

	For the years ended August 31,
($ in thousands)	2017		2016		2015
United States	$	21,969	$	17,805	$	49,668
Foreign		13,746		11,483		(2,917)
	$	35,715	$	29,288	$	46,751

Schedule Of Significant Components Of Income Tax Provision

	For the years ended August 31,
($ in thousands)	2017		2016		2015
Current:
Federal	$	7,873	$	10,570	$	15,908
State		781		976		1,426
Foreign		4,785		3,230		2,830
Total current		13,439		14,776		20,164
Deferred:
Federal		(688)		(5,456)		(406)
State		(43)		(268)		45
Foreign		(172)		(31)		639
Total deferred		(903)		(5,755)		278
Total income tax provision	$	12,536	$	9,021	$	20,442

Schedule of Effective Income Tax Rate Reconciliation

	For the years ended August 31,
($ in thousands)	2017			2016			2015
	Amount		%	Amount		%	Amount		%
U.S. statutory rate	$	12,500	35.0	$	10,251	35.0	$	16,363	35.0
State and local taxes, net of federal  tax benefit		480	1.3		350	1.2		911	1.9
Foreign tax rate differences		(486)	(1.4)		(195)	(0.7)		1,478	3.2
Domestic production activities deduction		(700)	(2.0)		(960)	(3.3)		(1,548)	(3.3)
Deferred tax asset valuation allowance		—	—		—	—		2,949	6.3
Other		742	2.2		(425)	(1.4)		289	0.6
Effective rate	$	12,536	35.1	$	9,021	30.8	$	20,442	43.7

Schedule of Deferred Tax Assets and Liabilities

	August 31,
($ in thousands)	2017		2016
Deferred tax assets:
Accrued expenses and allowances	$	12,459	$	13,053
Warranty		2,957		2,708
Defined benefit pension plan		2,666		2,917
Inventory		2,101		1,898
Share-based compensation		1,578		1,845
Vacation		1,422		1,365
Net operating loss carry forwards		1,420		1,174
Deferred revenue		793		1,501
Other		2,834		2,603
Gross deferred tax assets		28,230		29,064
Valuation allowance		(2,804)		(2,825)
Net deferred tax assets	$	25,426	$	26,239
Deferred tax liabilities:
Intangible assets	$	(15,422)	$	(16,426)
Property, plant, and equipment		(5,706)		(6,609)
Inventory		(178)		(203)
Total deferred tax liabilities	$	(21,306)	$	(23,238)
Net deferred tax assets	$	4,120	$	3,001

Schedule of Unrecognized Tax Benefits Roll Forward

	August 31,
($ in thousands)	2017		2016
Unrecognized tax benefits at September 1	$	1,260	$	3,836
Increases for positions taken in current year		371		33
Increases for positions taken in prior years		129		153
Reduction resulting from lapse of applicable statute of limitations		(224)		(299)
Decreases for settlements with tax authorities		(38)		(2,463)
Unrecognized tax benefits at August 31	$	1,498	$	1,260