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Warranties (Tables)
12 Months Ended
Aug. 31, 2022
Product Warranties Disclosures [Abstract]  
Schedule of Product Warranty Liability

The following tables provide the changes in the Company’s product warranties:

 

 

 

For the years ended August 31,

 

($ in thousands)

 

2022

 

 

2021

 

Product warranty accrual balance, beginning of period

 

$

12,736

 

 

$

10,765

 

Liabilities accrued for warranties during the period

 

 

10,931

 

 

 

7,286

 

Warranty claims paid during the period

 

 

(9,393

)

 

 

(5,454

)

Changes in estimates

 

 

(194

)

 

 

139

 

Product warranty accrual balance, end of period

 

$

14,080

 

 

$

12,736