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Inventories (Tables)
3 Months Ended
Nov. 30, 2024
Inventory Disclosure [Abstract]  
Schedule of Inventories

Inventories consisted of the following as of November 30, 2024, November 30, 2023, and August 31, 2024:

 

($ in thousands)

 

November 30,
2024

 

 

November 30,
2023

 

 

August 31,
2024

 

Raw materials and supplies

 

$

87,861

 

 

$

87,082

 

 

$

84,725

 

Work in process

 

 

12,369

 

 

 

10,777

 

 

 

10,192

 

Finished goods and purchased parts, net

 

 

79,365

 

 

 

88,043

 

 

 

80,877

 

Total inventory value before LIFO adjustment

 

 

179,595

 

 

 

185,902

 

 

 

175,794

 

Less adjustment to LIFO value

 

 

(21,340

)

 

 

(21,758

)

 

 

(21,341

)

Inventories, net

 

$

158,255

 

 

$

164,144

 

 

$

154,453