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Warranties (Tables)
6 Months Ended
Feb. 29, 2024
Product Warranties Disclosures [Abstract]  
Schedule of Product Warranty Liability

The following table provides the changes in the Company’s product warranties:

 

 

Three months ended

 

 

Six months ended

 

($ in thousands)

 

February 29,
2024

 

 

February 28,
2023

 

 

February 29,
2024

 

 

February 28,
2023

 

Product warranty accrual balance, beginning of period

 

$

14,254

 

 

$

13,602

 

 

$

14,535

 

 

$

14,080

 

Liabilities accrued for warranties during the period

 

 

2,178

 

 

 

2,888

 

 

 

3,747

 

 

 

4,128

 

Warranty claims paid during the period

 

 

(2,061

)

 

 

(2,318

)

 

 

(3,911

)

 

 

(4,036

)

Product warranty accrual balance, end of period

 

$

14,371

 

 

$

14,172

 

 

$

14,371

 

 

$

14,172