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Inventories (Tables)
6 Months Ended
Feb. 28, 2022
Inventory Disclosure [Abstract]  
Schedule of Inventories

Inventories consisted of the following as of February 28, 2022, February 28, 2021, and August 31, 2021:

 

($ in thousands)

 

February 28,
2022

 

 

February 28,
2021

 

 

August 31,
2021

 

Raw materials and supplies

 

$

86,010

 

 

$

62,404

 

 

$

69,962

 

Work in process

 

 

11,620

 

 

 

8,993

 

 

 

8,301

 

Finished goods and purchased parts, net

 

 

96,724

 

 

 

58,682

 

 

 

75,053

 

Total inventory value before LIFO adjustment

 

 

194,354

 

 

 

130,079

 

 

 

153,316

 

Less adjustment to LIFO value

 

 

(7,026

)

 

 

(8,513

)

 

 

(8,072

)

Inventories, net

 

$

187,328

 

 

$

121,566

 

 

$

145,244