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Credit Arrangements (Tables)
12 Months Ended
Aug. 31, 2024
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt

Long-term debt consists of the following:

 

 

 

August 31,

 

($ in thousands)

 

2024

 

 

2023

 

Series A Senior Notes

 

$

115,000

 

 

$

115,000

 

Elecsys Series 2006A Bonds

 

 

492

 

 

 

710

 

Total debt

 

 

115,492

 

 

 

115,710

 

Less current portion

 

 

(228

)

 

 

(226

)

Less debt issuance costs

 

 

(270

)

 

 

(320

)

Total long-term debt

 

$

114,994

 

 

$

115,164

 

Schedule of Principal Payments Due on Long-Term Debt

Principal payments due on the debt are as follows:

 

Due within

 

$ in thousands

 

1 year

 

$

228

 

2 years

 

 

233

 

3 years

 

 

31

 

Thereafter

 

 

115,000

 

 

 

$

115,492