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Revenue Recognition (Tables)
12 Months Ended
Aug. 31, 2021
Revenue From Contract With Customer [Abstract]  
Schedule of Disaggregation of Revenue by Segment

A breakout by segment of revenue recognized over time versus point in time for twelve months ended August 31, 2021 and 2020, is as follows:

 

 

 

 

Year ended August 31, 2021

 

($ in thousands)

 

Irrigation

 

 

Infrastructure

 

 

Total

 

Point in time

 

$

438,594

 

 

$

74,228

 

 

$

512,822

 

Over time

 

 

32,764

 

 

 

5,697

 

 

 

38,461

 

Revenue from the contracts with customers

 

 

471,358

 

 

 

79,925

 

 

 

551,283

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lease revenue

 

 

 

 

 

16,363

 

 

 

16,363

 

Total operating revenues

 

$

471,358

 

 

$

96,288

 

 

$

567,646

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year ended August 31, 2020

 

 

 

Irrigation

 

 

Infrastructure

 

 

Total

 

Point in time

 

$

304,326

 

 

$

105,054

 

 

$

409,380

 

Over time

 

 

45,020

 

 

 

8,807

 

 

 

53,827

 

Revenue from the contracts with customers

 

 

349,346

 

 

 

113,861

 

 

 

463,207

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lease revenue

 

 

 

 

 

11,485

 

 

 

11,485

 

Total operating revenues

 

$

349,346

 

 

$

125,346

 

 

$

474,692