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Debt (Tables)
12 Months Ended
Aug. 31, 2021
Long Term Debt And Capital Lease Obligations [Abstract]  
Schedule of Debt

Debt consisted of the following as of August 31 (in thousands):

 

 

 

 

2021

 

 

 

2020

 

Bank revolving credit facilities, interest primarily at LIBOR plus a spread

 

$

60,000

 

 

$

90,000

 

Finance lease liabilities

 

 

6,591

 

 

 

7,508

 

Other debt obligations

 

 

8,362

 

 

 

6,911

 

Total debt

 

 

74,953

 

 

 

104,419

 

Less current maturities

 

 

(3,654

)

 

 

(2,184

)

Debt, net of current maturities

 

$

71,299

 

 

$

102,235

 

 

 

Summary of Principal Payments on Bank Revolving Credit Facilities and Other Debt Obligations

Principal payments on the Company’s bank revolving credit facilities and other debt obligations during the next five fiscal years and thereafter are as follows (in thousands):

 

Year Ending August 31,

 

Credit Facilities

 

 

Other Debt Obligations

 

2022

 

$

 

 

$

2,158

 

2023

 

 

60,000

 

 

 

2,385

 

2024

 

 

 

 

 

1,724

 

2025

 

 

 

 

 

1,809

 

2026

 

 

 

 

 

216

 

Thereafter

 

 

 

 

 

70

 

Total

 

$

60,000

 

 

$

8,362