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Fair Value Measurements (Tables)
6 Months Ended
Feb. 29, 2020
Fair Value Disclosures [Abstract]  
Schedule of Financial Assets and Liabilities Measured at Fair Value

The following table presents the Company’s financial assets and liabilities measured at fair value, based upon the level within the fair value hierarchy in which the fair value measurements fall, as of February 29, 2020, February 28, 2019, and August 31, 2019. There were no transfers between any levels for the periods presented.

 

 

 

February 29, 2020

 

($ in thousands)

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Cash and cash equivalents

 

$

101,272

 

 

$

 

 

$

 

 

$

101,272

 

Marketable securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate bonds

 

 

 

 

 

14,555

 

 

 

 

 

 

14,555

 

U.S. treasury securities

 

 

 

 

 

4,185

 

 

 

 

 

 

4,185

 

Derivative assets

 

 

 

 

 

247

 

 

 

 

 

 

247

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

February 28, 2019

 

($ in thousands)

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Cash and cash equivalents

 

$

102,778

 

 

$

 

 

$

 

 

$

102,778

 

Derivative assets

 

 

 

 

 

426

 

 

 

 

 

 

426

 

Derivative liabilities

 

 

 

 

 

(22

)

 

 

 

 

 

(22

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

August 31, 2019

 

($ in thousands)

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Cash and cash equivalents

 

$

127,204

 

 

$

 

 

$

 

 

$

127,204

 

Derivative assets

 

 

 

 

 

1,112

 

 

 

 

 

 

1,112