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PROPERTY AND EQUIPMENT (Tables)
12 Months Ended
Aug. 31, 2025
Property, Plant and Equipment [Abstract]  
Summary of Property and Equipment
Property and equipment consist of the following (in thousands):
August 31,
2025
August 31,
2024
Land$287,979$278,115
Building and improvements846,510737,269
Fixtures and equipment464,893421,273
Construction in progress45,53585,271
Total property and equipment, historical cost1,644,9171,521,928
Less: accumulated depreciation(648,636)(585,820)
Property and equipment, net$996,281$936,108
A summary of asset disposal activity for fiscal years 2025, 2024 and 2023 is as follows (in thousands):
Historical
Cost
Accumulated
Depreciation
Proceeds from
disposal
Loss
recognized
Fiscal Year 2025
$31,043$28,093$483$(2,467)
Fiscal Year 2024
$24,803$19,370$3,265$(2,168)
Fiscal Year 2023
$11,484$10,379$361$(744)
Summary of Depreciation and Amortization Expense
Depreciation and amortization expense (in thousands):
Years Ended August 31,
202520242023
Depreciation expense, Property and equipment$88,161$82,611$71,933
Amortization expense, Intangible assets765
Total depreciation and amortization expense$88,161$82,611$72,698
Summary of Total Interest Capitalized
Total interest capitalized (in thousands):
Balance as of
August 31,
2025
August 31,
2024
Total interest capitalized$16,701$15,533
Total interest capitalized during fiscal years 2025, 2024 and 2023 (in thousands):
Years Ended August 31,
202520242023
Interest capitalized$1,426 $939 $2,083