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Revenue Recognition (Tables)
6 Months Ended
Feb. 28, 2023
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue by Segment

A breakout by segment of revenue recognized over time versus at a point in time for the three and six months ended February 28, 2023 and 2022 is as follows:

 

 

Three months ended

 

 

Three months ended

 

 

 

February 28, 2023

 

 

February 28, 2022

 

($ in thousands)

 

Irrigation

 

 

Infrastructure

 

 

Total

 

 

Irrigation

 

 

Infrastructure

 

 

Total

 

Point in time

 

$

141,528

 

 

$

14,697

 

 

$

156,225

 

 

$

175,251

 

 

$

16,010

 

 

$

191,261

 

Over time

 

 

6,248

 

 

 

1,657

 

 

 

7,905

 

 

 

5,508

 

 

 

1,467

 

 

 

6,975

 

Revenue from the contracts with customers

 

 

147,776

 

 

 

16,354

 

 

 

164,130

 

 

 

180,759

 

 

 

17,477

 

 

 

198,236

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lease revenue

 

 

 

 

 

2,111

 

 

 

2,111

 

 

 

 

 

 

1,901

 

 

 

1,901

 

Total operating revenues

 

$

147,776

 

 

$

18,465

 

 

$

166,241

 

 

$

180,759

 

 

$

19,378

 

 

$

200,137

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six months ended

 

 

Six months ended

 

 

 

February 28, 2023

 

 

February 28, 2022

 

($ in thousands)

 

Irrigation

 

 

Infrastructure

 

 

Total

 

 

Irrigation

 

 

Infrastructure

 

 

Total

 

Point in time

 

$

287,245

 

 

$

34,927

 

 

$

322,172

 

 

$

315,383

 

 

$

30,723

 

 

$

346,106

 

Over time

 

 

12,614

 

 

 

3,111

 

 

 

15,725

 

 

 

11,284

 

 

 

2,209

 

 

 

13,493

 

Revenue from the contracts with customers

 

 

299,859

 

 

 

38,038

 

 

 

337,897

 

 

 

326,667

 

 

 

32,932

 

 

 

359,599

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lease revenue

 

 

 

 

 

4,503

 

 

 

4,503

 

 

 

 

 

 

6,689

 

 

 

6,689

 

Total operating revenues

 

$

299,859

 

 

$

42,541

 

 

$

342,400

 

 

$

326,667

 

 

$

39,621

 

 

$

366,288