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Revenue Recognition (Tables)
12 Months Ended
Aug. 31, 2022
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue by Segment

A breakout by segment of revenue recognized over time versus point in time for twelve months ended August 31, 2022 and 2021, is as follows:

 

 

 

Year ended August 31, 2022

 

($ in thousands)

 

Irrigation

 

 

Infrastructure

 

 

Total

 

Point in time

 

$

643,169

 

 

$

88,681

 

 

$

731,850

 

Over time

 

 

22,660

 

 

 

5,753

 

 

 

28,413

 

Revenue from the contracts with customers

 

 

665,829

 

 

 

94,434

 

 

 

760,263

 

 

 

 

 

 

 

 

 

 

 

Lease revenue

 

 

 

 

 

10,480

 

 

 

10,480

 

Total operating revenues

 

$

665,829

 

 

$

104,914

 

 

$

770,743

 

 

 

 

 

 

 

 

 

 

 

 

 

Year ended August 31, 2021

 

($ in thousands)

 

Irrigation

 

 

Infrastructure

 

 

Total

 

Point in time

 

$

438,594

 

 

$

74,228

 

 

$

512,822

 

Over time

 

 

32,764

 

 

 

5,697

 

 

 

38,461

 

Revenue from the contracts with customers

 

 

471,358

 

 

 

79,925

 

 

 

551,283

 

 

 

 

 

 

 

 

 

 

 

Lease revenue

 

 

 

 

 

16,363

 

 

 

16,363

 

Total operating revenues

 

$

471,358

 

 

$

96,288

 

 

$

567,646