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Leases (Tables)
12 Months Ended
Aug. 31, 2025
Leases [Abstract]  
Schedule of Lease Cost and Other Information Related to Company's Operating Leases

Lease cost and other information related to the Company’s operating leases are as follows:

 

 

 

August 31,

 

($ in thousands)

 

2025

 

 

2024

 

Operating lease cost (cost resulting from lease payments)

 

$

4,820

 

 

$

4,386

 

Variable lease cost (cost excluded from lease payments)

 

 

574

 

 

 

567

 

Total lease cost

 

$

5,394

 

 

$

4,953

 

 

 

 

 

 

 

 

Operating cash outflows from operating leases

 

$

4,921

 

 

$

4,593

 

Weighted average lease term - operating leases

 

6.9 years

 

 

7.4 years

 

Weighted average discount rate - operating leases

 

 

4.0

%

 

 

3.7

%

Supplemental Balance Sheet Information Related to Operating Leases

Supplemental balance sheet information related to operating leases are as follows:

 

 

 

 

August 31,

 

($ in thousands)

 

Classification

 

2025

 

 

2024

 

Operating lease ROU assets

 

Operating lease right-of-use assets

 

$

18,096

 

 

$

15,693

 

 

 

 

 

 

 

 

 

 

Operating lease short-term liabilities

 

Other current liabilities

 

 

4,113

 

 

 

3,623

 

Operating lease long-term liabilities

 

Operating lease liabilities

 

 

17,354

 

 

 

15,541

 

Total lease liabilities

 

 

 

$

21,467

 

 

$

19,164

 

Schedule of Minimum Lease Payments Under Operating Leases

The minimum lease payments under operating leases expiring subsequent to August 31, 2025 are as follows:

 

Fiscal year ending

 

$ in thousands

 

2026

 

$

4,896

 

2027

 

 

4,115

 

2028

 

 

3,080

 

2029

 

 

2,476

 

2030

 

 

2,318

 

Thereafter

 

 

7,894

 

Total lease payments

 

 

24,779

 

Less: interest

 

 

3,312

 

Present value of lease liabilities

 

$

21,467