Stock Based Compensation

3 Months Ended

Nov. 30, 2022

Share-Based Payment Arrangement [Abstract]

Stock Based Compensation

Note 11 – Stock Based Compensation

The value of stock based compensation awards is amortized as compensation expense from the date of grant through the earlier of the vesting period or in some instances the recipient’s eligible retirement date. Stock based compensation expense consists of restricted stock unit awards.

Stock based compensation expense was $3.2 million and $1.1 million for the three months ended November 30, 2022 and 2021, respectively. Compensation expense is recorded in Selling and administrative expense and Cost of revenue on the Consolidated Statements of Operations.