Property, Plant and Equipment

12 Months Ended

Aug. 31, 2023

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Note 9 – Property, Plant, and Equipment

	August 31,
($ in thousands)	2023			2022
Operating property, plant, and equipment:
Land	$	6,144		$	5,997
Buildings		57,606			51,014
Machinery and equipment		99,466			93,558
Furniture and fixtures		8,807			7,994
Computer hardware and software		26,684			25,948
Construction in progress		8,238			10,207
Total operating property, plant, and equipment		206,945			194,718
Accumulated depreciation		(130,923	)		(120,816	)
Total operating property, plant, and equipment, net		76,022			73,902
Property held for lease:
Machines		16,398			16,359
Barriers		34,398			29,904
Total property held for lease		50,796			46,263
Accumulated depreciation		(27,137	)		(25,693	)
Total property held for lease, net		23,659			20,570
Property, plant, and equipment, net	$	99,681		$	94,472

Depreciation expense was $13.9 million, $13.5 million, and $12.7 million for fiscal 2023, 2022, and 2021, respectively.