Property And Equipment And Capitalized Cloud-Based Software Implementation Costs

6 Months Ended

Feb. 28, 2023

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,
	2023		2022
Machinery, equipment and vehicles	$	44,597	$	44,533
Buildings and improvements		26,550		27,958
Computer and office equipment		6,216		5,757
Internal-use software		10,066		9,591
Furniture and fixtures		2,633		2,669
Capital in progress		11,549		10,135
Land		4,165		4,240
Subtotal		105,776		104,883
Less: accumulated depreciation and amortization		(39,985)		(38,906)
Total	$	65,791	$	65,977

As of February 28, 2023 and August 31, 2022, the Company’s condensed consolidated balance sheets included $8.9 million and $6.5 million, respectively, of capitalized cloud-based implementation costs recorded as other assets within the Company’s condensed consolidated balance sheets. These balances primarily consist of capitalized costs related to the new cloud-based enterprise resource planning system which the Company is in the process of implementing. Accumulated amortization associated with cloud-based implementation costs were $0.6 million and $0.5 million as of February 28, 2023 and August 31, 2022, respectively. Amortization expense associated with these assets was not significant for the three and six months ended February 28, 2023 and 2022.

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