Long-Term Debt (Tables)

6 Months Ended

Feb. 28, 2019

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, 2019			February 28, 2018			August 31, 2018
Series A Senior Notes	$	115,000		$	115,000		$	115,000
Revolving Credit Facility		—			—			—
Elecsys Series 2006A Bonds		1,673			1,876			1,775
Total debt		116,673			116,876			116,775
Less current portion		(207	)		(203	)		(205	)
Total long-term debt	$	116,466		$	116,673		$	116,570

Schedule of Principal Payments Due on Long-Term Debt

Principal payments on the debt are due as follows:

Due within	$ in thousands
1 year	$	207
2 years		211
3 years		215
4 years		219
5 years		224
Thereafter		115,597
	$	116,673