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Warranties (Tables)
12 Months Ended
Aug. 31, 2021
Product Warranties Disclosures [Abstract]  
Schedule of Product Warranty Liability

The following tables provide the changes in the Company’s product warranties: 

 

 

 

For the years ended August 31,

 

($ in thousands)

 

2021

 

 

2020

 

Product warranty accrual balance, beginning of period

 

$

10,765

 

 

$

8,960

 

Liabilities accrued for warranties during the period

 

 

7,286

 

 

 

7,895

 

Warranty claims paid during the period

 

 

(5,454

)

 

 

(6,970

)

Changes in estimates

 

 

139

 

 

 

880

 

Product warranty accrual balance, end of period

 

$

12,736

 

 

$

10,765