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Industry Segment Information (Tables)
12 Months Ended
Aug. 31, 2019
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment

 

($ in thousands)

 

2019

 

 

2018

 

 

2017

 

Operating revenues:

 

 

 

 

 

 

 

 

 

 

 

 

Irrigation:

 

 

 

 

 

 

 

 

 

 

 

 

North America

 

$

218,627

 

 

$

294,617

 

 

$

340,660

 

International

 

 

132,871

 

 

 

145,241

 

 

 

77,381

 

Irrigation total

 

 

351,498

 

 

 

439,858

 

 

 

418,041

 

Infrastructure

 

 

92,574

 

 

 

107,847

 

 

 

99,944

 

Total operating revenues

 

$

444,072

 

 

$

547,705

 

 

$

517,985

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating income:

 

 

 

 

 

 

 

 

 

 

 

 

Irrigation

 

$

29,804

 

 

$

41,933

 

 

$

42,774

 

Infrastructure

 

 

16,599

 

 

 

23,857

 

 

 

20,131

 

Corporate

 

 

(40,288

)

 

 

(26,778

)

 

 

(22,256

)

Total operating income

 

 

6,115

 

 

 

39,012

 

 

 

40,649

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest and other expense, net

 

 

(4,008

)

 

 

(5,159

)

 

 

(4,934

)

Earnings before income taxes

 

$

2,107

 

 

$

33,853

 

 

$

35,715

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total capital expenditures:

 

 

 

 

 

 

 

 

 

 

 

 

Irrigation

 

$

9,473

 

 

$

9,259

 

 

$

6,313

 

Infrastructure

 

 

4,928

 

 

 

938

 

 

 

1,562

 

Corporate

 

 

8,810

 

 

 

857

 

 

 

988

 

 

 

$

23,211

 

 

$

11,054

 

 

$

8,863

 

Depreciation and amortization:

 

 

 

 

 

 

 

 

 

 

 

 

Irrigation

 

$

9,500

 

 

$

11,412

 

 

$

11,840

 

Infrastructure

 

 

3,663

 

 

 

4,611

 

 

 

4,452

 

Corporate

 

 

855

 

 

 

491

 

 

 

386

 

 

 

$

14,018

 

 

$

16,514

 

 

$

16,678

 

Total assets:

 

 

 

 

 

 

 

 

 

 

 

 

Irrigation

 

$

292,202

 

 

$

277,712

 

 

$

337,446

 

Infrastructure

 

 

85,848

 

 

 

69,919

 

 

 

80,187

 

Corporate

 

 

122,264

 

 

 

152,184

 

 

 

88,399

 

 

 

$

500,314

 

 

$

499,815

 

 

$

506,032

 

 

 

 

Schedule of Revenue and Long-Lived Assets by Geographical Areas

 

 

 

For the years ended August 31,

 

($ in thousands)

 

2019

 

 

2018

 

 

2017

 

 

 

Revenues

 

 

% of total

 

 

Revenues

 

 

% of total

 

 

Revenues

 

 

% of total

 

United States

 

$

257,719

 

 

 

58

 

 

$

321,698

 

 

 

59

 

 

$

297,261

 

 

 

57

 

International

 

 

186,353

 

 

 

42

 

 

 

226,007

 

 

 

41

 

 

 

220,724

 

 

 

43

 

Total revenues

 

$

444,072

 

 

 

100

 

 

$

547,705

 

 

 

100

 

 

$

517,985

 

 

 

100

 

 

 

 

For the years ended August 31,

 

($ in thousands)

 

2019

 

 

2018

 

 

2017

 

 

 

Long-lived

tangible

assets

 

 

% of total

 

 

Long-lived

tangible

assets

 

 

% of total

 

 

Long-lived

tangible

assets

 

 

% of total

 

United States

 

$

52,187

 

 

 

76

 

 

$

39,290

 

 

 

69

 

 

$

54,199

 

 

 

73

 

International

 

 

16,781

 

 

 

24

 

 

 

17,958

 

 

 

31

 

 

 

20,299

 

 

 

27

 

Total long-lived assets

 

$

68,968

 

 

 

100

 

 

$

57,248

 

 

 

100

 

 

$

74,498

 

 

 

100