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Inventories (Tables)
9 Months Ended
May 31, 2022
Inventory Disclosure [Abstract]  
Schedule of Inventories

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

 

($ in thousands)

 

May 31,
2022

 

 

May 31,
2021

 

 

August 31,
2021

 

Raw materials and supplies

 

$

93,956

 

 

$

64,087

 

 

$

69,962

 

Work in process

 

 

18,941

 

 

 

9,440

 

 

 

8,301

 

Finished goods and purchased parts, net

 

 

105,042

 

 

 

71,414

 

 

 

75,053

 

Total inventory value before LIFO adjustment

 

 

217,939

 

 

 

144,941

 

 

 

153,316

 

Less adjustment to LIFO value

 

 

(22,373

)

 

 

(8,340

)

 

 

(8,072

)

Inventories, net

 

$

195,566

 

 

$

136,601

 

 

$

145,244