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Revenue Recognition (Tables)
9 Months Ended
May 31, 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 nine months ended May 31, 2023 and 2022 is as follows:

 

 

Three months ended

 

 

Three months ended

 

 

 

May 31, 2023

 

 

May 31, 2022

 

($ in thousands)

 

Irrigation

 

 

Infrastructure

 

 

Total

 

 

Irrigation

 

 

Infrastructure

 

 

Total

 

Point in time

 

$

135,990

 

 

$

16,817

 

 

$

152,807

 

 

$

183,085

 

 

$

22,083

 

 

$

205,168

 

Over time

 

 

6,581

 

 

 

1,383

 

 

 

7,964

 

 

 

5,608

 

 

 

1,750

 

 

 

7,358

 

Revenue from the contracts with customers

 

 

142,571

 

 

 

18,200

 

 

 

160,771

 

 

 

188,693

 

 

 

23,833

 

 

 

212,526

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lease revenue

 

 

 

 

 

3,782

 

 

 

3,782

 

 

 

 

 

 

1,733

 

 

 

1,733

 

Total operating revenues

 

$

142,571

 

 

$

21,982

 

 

$

164,553

 

 

$

188,693

 

 

$

25,566

 

 

$

214,259

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine months ended

 

 

Nine months ended

 

 

 

May 31, 2023

 

 

May 31, 2022

 

($ in thousands)

 

Irrigation

 

 

Infrastructure

 

 

Total

 

 

Irrigation

 

 

Infrastructure

 

 

Total

 

Point in time

 

$

423,212

 

 

$

51,743

 

 

$

474,955

 

 

$

498,468

 

 

$

52,806

 

 

$

551,274

 

Over time

 

 

19,218

 

 

 

4,494

 

 

 

23,712

 

 

 

16,892

 

 

 

3,959

 

 

 

20,851

 

Revenue from the contracts with customers

 

 

442,430

 

 

 

56,237

 

 

 

498,667

 

 

 

515,360

 

 

 

56,765

 

 

 

572,125

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lease revenue

 

 

 

 

 

8,286

 

 

 

8,286

 

 

 

 

 

 

8,422

 

 

 

8,422

 

Total operating revenues

 

$

442,430

 

 

$

64,523

 

 

$

506,953

 

 

$

515,360

 

 

$

65,187

 

 

$

580,547