Fair Value Measurements (Tables)

12 Months Ended

Aug. 31, 2022

Fair Value Disclosures [Abstract]

Schedule of Financial Assets and Liabilities Measured at Fair Value

The following table presents the Company’s financial assets and liabilities measured at fair value, based upon the level within the fair value hierarchy in which the fair value measurements fall, as of August 31, 2022 and 2021, respectively:

	August 31, 2022
($ in thousands)	Level 1		Level 2		Level 3			Total
Cash and cash equivalents	$	105,048	$	—	$	—		$	105,048
Marketable securities:
Corporate bonds		—		9,668		—			9,668
U.S. treasury securities		—		1,792		—			1,792
Derivative asset		—		5,505		—			5,505
	August 31, 2021
($ in thousands)	Level 1		Level 2		Level 3			Total
Cash and cash equivalents	$	127,107	$	—	$	—		$	127,107
Marketable securities:
Corporate bonds		—		15,484		—			15,484
U.S. treasury securities		—		4,120		—			4,120
Earn-out liability		—		—		(250	)		(250	)