XML 59 R48.htm IDEA: XBRL DOCUMENT v3.25.3
Retirement Plans (Tables)
12 Months Ended
Aug. 31, 2025
Retirement Benefits [Abstract]  
Schedule of Amounts Recognized in Balance Sheet

The funded status of the plan and the net amount recognized in the accompanying balance sheets as of August 31 is as follows:

 

 

 

August 31,

 

($ in thousands)

 

2025

 

 

2024

 

Change in benefit obligation:

 

 

 

 

 

 

Benefit obligation at beginning of year

 

$

4,697

 

 

$

4,912

 

Interest cost

 

 

226

 

 

 

232

 

Actuarial loss (gain)

 

 

(557

)

 

 

83

 

Benefits paid

 

 

(474

)

 

 

(530

)

Benefit obligation at end of year

 

$

3,892

 

 

$

4,697

 

Schedule of Amounts Recognized in Statement of Financial Position

Amounts recorded in the consolidated balance sheets for the pension benefit obligation consist of:

 

 

 

August 31,

 

($ in thousands)

 

2025

 

 

2024

 

Other current liabilities

 

$

474

 

 

$

530

 

Other non-current liabilities

 

 

3,418

 

 

 

4,167

 

Net amount recognized

 

$

3,892

 

 

$

4,697

 

Schedule of Before-tax Amounts Recognized in Accumulated other Comprehensive Loss

The before-tax amounts recognized in accumulated other comprehensive loss consists of:

 

 

 

August 31,

 

($ in thousands)

 

2025

 

 

2024

 

Net actuarial loss

 

$

(1,732

)

 

$

(2,482

)

Schedules of Net Periodic Benefit Costs The components of the net periodic benefit cost for the supplemental retirement plan recorded within other income (expense) on the consolidated statement of earnings are as follows:

 

 

 

For the years ended August 31,

 

($ in thousands)

 

2025

 

 

2024

 

 

2023

 

Interest cost

 

$

226

 

 

$

232

 

 

$

211

 

Net amortization and deferral

 

 

193

 

 

 

191

 

 

 

211

 

Total

 

$

419

 

 

$

423

 

 

$

422

 

Schedule of Expected Benefit Payments The following net benefit payments are expected to be paid:

 

Fiscal years

 

$ in thousands

 

 2026

 

$

453

 

 2027

 

 

440

 

 2028

 

 

426

 

 2029

 

 

410

 

 2030

 

 

393

 

Thereafter

 

 

1,770

 

 

 

$

3,892