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Inventories
9 Months Ended
May 31, 2021
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 net realizable value 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,

2021

2020

Product held at third-party contract manufacturers

$

6,085

$

4,393

Raw materials and components

8,417

5,034

Work-in-process

1,263

385

Finished goods

32,003

31,452

Total

$

47,768

$

41,264