Property And Equipment And Capitalized Cloud-Based Software Implementation Costs

12 Months Ended

Aug. 31, 2022

Property And Equipment And Capitalized Cloud-Based Software Implementation Costs [Abstract]

Property And Equipment And Capitalized Cloud-Based Software Implementation Costs

‎

Note 4. Property and Equipment and Capitalized Cloud-Based Software Implementation Costs

Property and equipment, net, consisted of the following (in thousands):



	August 31,		August 31,
	2022		2021
Machinery, equipment and vehicles	$	44,533	$	22,504
Buildings and improvements		27,958		29,697
Computer and office equipment		5,757		5,742
Internal-use software		9,591		10,559
Furniture and fixtures		2,669		2,794
Capital in progress		10,135		31,016
Land		4,240		4,406
Subtotal		104,883		106,718
Less: accumulated depreciation and amortization		(38,906)		(36,573)
Total	$	65,977	$	70,145

At August 31, 2021, capital in progress on the Company’s consolidated balance sheets included $30.3 million associated with capital costs related to proprietary machinery and equipment for the Company’s next generation of delivery systems for its WD-40 Smart Straw^® products. During fiscal year 2022, $22.1 million of this machinery and equipment was placed in service and thus the Company reclassified these amounts from capital in progress to machinery, equipment and vehicles.

As of August 31, 2022 and 2021, the Company’s consolidated balance sheets included $6.5 million and $2.6 million, respectively, of capitalized cloud-based implementation costs recorded as other assets within the Company’s consolidated balance sheets. Accumulated amortization associated with these assets were $0.5 million as of August 31, 2022, and were not significant as of August 31, 2021. Amortization expense associated with these assets were not significant during the fiscal years 2022 or 2021.