Long-Term Debt (Tables)

9 Months Ended

May 31, 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)	May 31, 2025			May 31, 2024			August 31, 2024
Series A Senior Notes	$	115,000		$	115,000		$	115,000
Elecsys Series 2006A Bonds		321			540			492
Total debt		115,321			115,540			115,492
Less current portion		(232	)		(229	)		(228	)
Less unamortized debt issuance costs		(233	)		(282	)		(270	)
Total long-term debt	$	114,856		$	115,029		$	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	$	232
2 years		89
Thereafter		115,000
	$	115,321