Property and Equipment and Capitalized Cloud-Based Software Implementation Costs

6 Months Ended

Feb. 28, 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):



	February 28,		August 31,
	2022		2021
Machinery, equipment and vehicles	$	36,004	$	22,504
Buildings and improvements		29,655		29,697
Computer and office equipment		6,094		5,742
Internal-use software		10,785		10,559
Furniture and fixtures		2,809		2,794
Capital in progress		18,236		31,016
Land		4,379		4,406
Subtotal		107,962		106,718
Less: accumulated depreciation and amortization		(38,628)		(36,573)
Total	$	69,334	$	70,145

At August 31, 2021, capital in progress on the balance sheet 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 the six months ended February 28, 2022, $13.5 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 February 28, 2022 and August 31, 2021, the Company’s balance sheet included $4.7 million and $2.6 million, respectively, of capitalized cloud-based implementation costs recorded as other assets within the Company’s condensed consolidated balance sheets. Accumulated amortization associated with these assets were not significant as of February 28, 2022 and August 31, 2021. Amortization expense associated with these assets were not significant for the three or six months ended February 28, 2022 or February 28, 2021.