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Industry Segment Information (Tables)
12 Months Ended
Aug. 31, 2020
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment

 

($ in thousands)

 

2020

 

 

2019

 

 

2018

 

Operating revenues:

 

 

 

 

 

 

 

 

 

 

 

 

Irrigation:

 

 

 

 

 

 

 

 

 

 

 

 

North America

 

$

218,954

 

 

$

218,627

 

 

$

294,617

 

International

 

 

124,575

 

 

 

132,871

 

 

 

145,241

 

Irrigation total

 

 

343,529

 

 

 

351,498

 

 

 

439,858

 

Infrastructure

 

 

131,163

 

 

 

92,574

 

 

 

107,847

 

Total operating revenues

 

$

474,692

 

 

$

444,072

 

 

$

547,705

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating income:

 

 

 

 

 

 

 

 

 

 

 

 

Irrigation

 

$

40,214

 

 

$

29,804

 

 

$

41,933

 

Infrastructure

 

 

43,771

 

 

 

16,599

 

 

 

23,857

 

Corporate

 

 

(29,783

)

 

 

(40,288

)

 

 

(26,778

)

Total operating income

 

 

54,202

 

 

 

6,115

 

 

 

39,012

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other income (expense)

 

 

(5,359

)

 

 

(4,008

)

 

 

(5,159

)

Earnings before income taxes

 

$

48,843

 

 

$

2,107

 

 

$

33,853

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total capital expenditures:

 

 

 

 

 

 

 

 

 

 

 

 

Irrigation

 

$

9,254

 

 

$

9,473

 

 

$

9,259

 

Infrastructure

 

 

11,275

 

 

 

4,928

 

 

 

938

 

Corporate

 

 

916

 

 

 

8,810

 

 

 

857

 

 

 

$

21,445

 

 

$

23,211

 

 

$

11,054

 

Depreciation and amortization:

 

 

 

 

 

 

 

 

 

 

 

 

Irrigation

 

$

12,906

 

 

$

9,500

 

 

$

11,412

 

Infrastructure

 

 

3,495

 

 

 

3,663

 

 

 

4,611

 

Corporate

 

 

2,994

 

 

 

855

 

 

 

491

 

 

 

$

19,396

 

 

$

14,018

 

 

$

16,514

 

Total assets:

 

 

 

 

 

 

 

 

 

 

 

 

Irrigation

 

$

307,537

 

 

$

292,202

 

 

$

277,712

 

Infrastructure

 

 

113,111

 

 

 

85,848

 

 

 

69,919

 

Corporate

 

 

149,878

 

 

 

122,264

 

 

 

152,184

 

 

 

$

570,526

 

 

$

500,314

 

 

$

499,815

 

 

Schedule of Revenue and Long-Lived Assets by Geographical Areas

 

 

 

For the years ended August 31,

 

($ in thousands)

 

2020

 

 

2019

 

 

2018

 

 

 

Revenues

 

 

% of total

 

 

Revenues

 

 

% of total

 

 

Revenues

 

 

% of total

 

United States

 

$

259,557

 

 

 

55

 

 

$

257,719

 

 

 

58

 

 

$

321,698

 

 

 

59

 

International

 

 

215,135

 

 

 

45

 

 

 

186,353

 

 

 

42

 

 

 

226,007

 

 

 

41

 

Total revenues

 

$

474,692

 

 

 

100

 

 

$

444,072

 

 

 

100

 

 

$

547,705

 

 

 

100

 

 

 

 

For the years ended August 31,

 

($ in thousands)

 

2020

 

 

2019

 

 

2018

 

 

 

Long-lived

tangible

assets

 

 

% of total

 

 

Long-lived

tangible

assets

 

 

% of total

 

 

Long-lived

tangible

assets

 

 

% of total

 

United States

 

$

64,857

 

 

 

81

 

 

$

52,187

 

 

 

76

 

 

$

39,290

 

 

 

69

 

International

 

 

14,724

 

 

 

19

 

 

 

16,781

 

 

 

24

 

 

 

17,958

 

 

 

31

 

Total long-lived assets

 

$

79,581

 

 

 

100

 

 

$

68,968

 

 

 

100

 

 

$

57,248

 

 

 

100