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Inventories
9 Months Ended
May 31, 2020
Inventories [Abstract]  
Inventories Note 3. Inventories

Inventories consist primarily of raw materials and components, finished goods, and product held at third-party contract manufacturers. Inventories are stated at the lower of cost or market and cost is determined based on a first-in, first-out method or, for a portion of raw materials inventory, the average cost method. Inventories consisted of the following (in thousands): 

May 31,

August 31,

2020

2019

Product held at third-party contract manufacturers

$

4,117

$

3,175

Raw materials and components

5,240

4,367

Work-in-process

954

257

Finished goods

32,659

32,883

Total

$

42,970

$

40,682