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Industry Segment Information (Tables)
9 Months Ended
May 31, 2023
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment

 

 

Three months ended

 

 

Nine months ended

 

($ in thousands)

 

May 31,
2023

 

 

May 31,
2022

 

 

May 31,
2023

 

 

May 31,
2022

 

Operating revenues:

 

 

 

 

 

 

 

 

 

 

 

 

Irrigation:

 

 

 

 

 

 

 

 

 

 

 

 

   North America

 

$

75,027

 

 

$

96,153

 

 

$

249,315

 

 

$

275,601

 

   International

 

 

67,544

 

 

 

92,540

 

 

 

193,115

 

 

 

239,759

 

Irrigation total

 

 

142,571

 

 

 

188,693

 

 

 

442,430

 

 

 

515,360

 

Infrastructure

 

 

21,982

 

 

 

25,566

 

 

 

64,523

 

 

 

65,187

 

Total operating revenues

 

$

164,553

 

 

$

214,259

 

 

$

506,953

 

 

$

580,547

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating income:

 

 

 

 

 

 

 

 

 

 

 

 

Irrigation

 

$

30,727

 

 

$

39,567

 

 

$

92,188

 

 

$

81,513

 

Infrastructure

 

 

3,556

 

 

 

3,779

 

 

 

8,947

 

 

 

6,869

 

Corporate

 

 

(7,326

)

 

 

(8,184

)

 

 

(22,315

)

 

 

(21,521

)

Total operating income

 

 

26,957

 

 

 

35,162

 

 

 

78,820

 

 

 

66,861

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest and other expense, net

 

 

(1,225

)

 

 

394

 

 

 

(3,350

)

 

 

(2,625

)

Earnings before income taxes

 

$

25,732

 

 

$

35,556

 

 

$

75,470

 

 

$

64,236