Long-Term Debt (Tables)

3 Months Ended

Nov. 30, 2021

Debt Disclosure [Abstract]

Schedule of Long-Term Debt

The following table sets forth the outstanding principal balances of the Company’s long-term debt as of the dates shown:

($ in thousands)	November 30, 2021	November 30, 2020	August 31, 2021
Series A Senior Notes	$115,000	$115,000	$115,000
Elecsys Series 2006A Bonds	1,096	1,309	1,148
Total debt	116,096	116,309	116,148
Less current portion	(219)	(214)	(217)
Less unamortized debt issuance costs	(406)	(454)	(417)
Total long-term debt	$115,471	$115,641	$115,514

Schedule of Principal Payments Due on Long-Term Debt

Principal payments on the debt are due as follows:

Due within	$ in thousands
1 year	$	219
2 years		222
3 years		227
4 years		231
5 years		197
Thereafter		115,000
	$	116,096