Fair Value Measurements (Tables)

12 Months Ended

Aug. 31, 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 August 31, 2020 and 2019, respectively:

	August 31, 2020
($ in thousands)	Level 1		Level 2			Level 3			Total
Cash and cash equivalents	$	121,403	$	—		$	—		$	121,403
Marketable securities:
Corporate bonds		—		14,426			—			14,426
U.S. treasury securities		—		5,085			—			5,085
Derivative assets		—		21			—			21
Earn-out liability		—		—			(1,112	)		(1,112	)
($ in thousands)	Level 1		Level 2			Level 3			Total
Cash and cash equivalents	$	160,787	$	—		$	—		$	160,787
Derivative assets		—		898			—			898
Derivative liabilities		—		(12	)		—			(12	)