Inventories

9 Months Ended

May 31, 2020

Inventory Disclosure [Abstract]

Inventories

Note 6 – Inventories

Inventories consisted of the following as of May 31, 2020, May 31, 2019, and August 31, 2019:

($ in thousands)	May 31, 2020			May 31, 2019			August 31, 2019
Raw materials and supplies	$	50,820		$	44,742		$	49,047
Work in process		7,819			6,917			4,514
Finished goods and purchased parts, net		59,496			47,659			46,812
Total inventory value before LIFO adjustment		118,135			99,318			100,373
Less adjustment to LIFO value		(4,834	)		(8,227	)		(8,086	)
Inventories, net	$	113,301		$	91,091		$	92,287