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Revenue Recognition (Tables)
12 Months Ended
Aug. 31, 2024
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue by Segment

A breakout by segment of revenue recognized over time versus point in time for twelve months ended August 31, 2024, 2023 and 2022, is as follows:

 

 

 

Year ended August 31, 2024

 

($ in thousands)

 

Irrigation

 

 

Infrastructure

 

 

Total

 

Point in time

 

$

485,790

 

 

$

64,821

 

 

$

550,611

 

Over time

 

 

28,106

 

 

 

5,539

 

 

 

33,645

 

Revenue from the contracts with customers

 

 

513,896

 

 

 

70,360

 

 

 

584,256

 

 

 

 

 

 

 

 

 

 

 

Lease revenue

 

 

 

 

 

22,818

 

 

 

22,818

 

Total operating revenues

 

$

513,896

 

 

$

93,178

 

 

$

607,074

 

 

 

 

 

 

 

 

 

 

 

 

 

Year ended August 31, 2023

 

($ in thousands)

 

Irrigation

 

 

Infrastructure

 

 

Total

 

Point in time

 

$

559,826

 

 

$

69,540

 

 

$

629,366

 

Over time

 

 

26,205

 

 

 

6,334

 

 

 

32,539

 

Revenue from the contracts with customers

 

 

586,031

 

 

 

75,874

 

 

 

661,905

 

 

 

 

 

 

 

 

 

 

 

Lease revenue

 

 

 

 

 

12,179

 

 

 

12,179

 

Total operating revenues

 

$

586,031

 

 

$

88,053

 

 

$

674,084

 

 

 

 

 

 

 

 

 

 

 

 

 

Year ended August 31, 2022

 

($ in thousands)

 

Irrigation

 

 

Infrastructure

 

 

Total

 

Point in time

 

$

643,169

 

 

$

88,681

 

 

$

731,850

 

Over time

 

 

22,660

 

 

 

5,753

 

 

 

28,413

 

Revenue from the contracts with customers

 

 

665,829

 

 

 

94,434

 

 

 

760,263

 

 

 

 

 

 

 

 

 

 

 

Lease revenue

 

 

 

 

 

10,480

 

 

 

10,480

 

Total operating revenues

 

$

665,829

 

 

$

104,914

 

 

$

770,743