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Revenue Recognition (Tables)
6 Months Ended
Feb. 29, 2024
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 29, 2024 and 2023 is as follows:

 

 

Three months ended

 

 

Three months ended

 

 

 

February 29, 2024

 

 

February 28, 2023

 

($ in thousands)

 

Irrigation

 

 

Infrastructure

 

 

Total

 

 

Irrigation

 

 

Infrastructure

 

 

Total

 

Point in time

 

$

125,241

 

 

$

12,343

 

 

$

137,584

 

 

$

141,528

 

 

$

14,697

 

 

$

156,225

 

Over time

 

 

7,777

 

 

 

1,437

 

 

 

9,214

 

 

 

6,248

 

 

 

1,657

 

 

 

7,905

 

Revenue from the contracts with customers

 

 

133,018

 

 

 

13,780

 

 

 

146,798

 

 

 

147,776

 

 

 

16,354

 

 

 

164,130

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lease revenue

 

 

 

 

 

4,721

 

 

 

4,721

 

 

 

 

 

 

2,111

 

 

 

2,111

 

Total operating revenues

 

$

133,018

 

 

$

18,501

 

 

$

151,519

 

 

$

147,776

 

 

$

18,465

 

 

$

166,241

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six months ended

 

 

Six months ended

 

 

 

February 29, 2024

 

 

February 28, 2023

 

($ in thousands)

 

Irrigation

 

 

Infrastructure

 

 

Total

 

 

Irrigation

 

 

Infrastructure

 

 

Total

 

Point in time

 

$

257,746

 

 

$

25,294

 

 

$

283,040

 

 

$

287,245

 

 

$

34,927

 

 

$

322,172

 

Over time

 

 

15,440

 

 

 

2,668

 

 

 

18,108

 

 

 

12,614

 

 

 

3,111

 

 

 

15,725

 

Revenue from the contracts with customers

 

 

273,186

 

 

 

27,962

 

 

 

301,148

 

 

 

299,859

 

 

 

38,038

 

 

 

337,897

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lease revenue

 

 

 

 

 

11,729

 

 

 

11,729

 

 

 

 

 

 

4,503

 

 

 

4,503

 

Total operating revenues

 

$

273,186

 

 

$

39,691

 

 

$

312,877

 

 

$

299,859

 

 

$

42,541

 

 

$

342,400