Long-Term Debt (Tables)

6 Months Ended

Feb. 28, 2025

Debt Disclosure [Abstract]

Schedule of Long-Term Debt

The following table sets forth the outstanding principal balances of the Company’s long-term debt as of the dates shown:

($ in thousands)	February 28, 2025			February 29, 2024			August 31, 2024
Series A Senior Notes	$	115,000		$	115,000		$	115,000
Elecsys Series 2006A Bonds		377			598			492
Total debt		115,377			115,598			115,492
Less current portion		(231	)		(228	)		(228	)
Less unamortized debt issuance costs		(243	)		(295	)		(270	)
Total long-term debt	$	114,903		$	115,075		$	114,994

Schedule of Principal Payments Due on Long-Term Debt

Principal payments on the debt are due as follows:

Due within	$ in thousands
1 year	$	231
2 years		146
Thereafter		115,000
	$	115,377