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Income Taxes (Tables)

12 Months Ended

Aug. 31, 2024

Income Tax Disclosure [Abstract]

Schedule of Income Before Income Tax, Domestic and Foreign

Income before income taxes consisted of the following (in thousands):

			Fiscal Year Ended August 31,
			2024						2023						2022
United States			$	47,345					$	49,871					$	47,427
Foreign (1)			44,163						35,292						36,681
Income before income taxes			$	91,508					$	85,163					$	84,108

(1)Included in these amounts are income before income taxes for the EIMEA segment of $31.4 million, $25.6 million and $30.3 million for the fiscal years ended August 31, 2024, 2023 and 2022, respectively.

Schedule of Components of Income Tax Expense (Benefit)

The provision for income taxes consisted of the following (in thousands):

			Fiscal Year Ended August 31,
			2024						2023						2022
Current:
Federal			$	9,559					$	9,973					$	7,487
State			820						1,039						861
Foreign			12,596						9,023						8,114
Total current			22,975						20,035						16,462
Deferred:
United States			(1,413)						(806)						6
Foreign			302						(59)						311
Total deferred			(1,111)						(865)						317
Provision for income taxes			$	21,864					$	19,170					$	16,779

Schedule of Deferred Tax Assets and Liabilities

Deferred tax assets and deferred tax liabilities consisted of the following (in thousands):

			August 31, 2024						August 31, 2023
Deferred tax assets:
Accrued payroll and related expenses			$	1,321					$	1,110
Reserves and accruals			2,166						1,436
Research and development expenses			1,520						1,125
Stock-based compensation expense			2,622						2,394
Uncertain tax positions and related interest			1,266						991
Uniform capitalization			1,774						2,383
Tax credit carryforwards			4,197						3,918
Other			2,673						2,673
Total gross deferred tax assets			17,539						16,030
Valuation allowance			(4,305)						(3,960)
Total net deferred tax assets			13,234						12,070
Deferred tax liabilities:
Property and equipment, net			(3,940)						(4,215)
Amortization of tax goodwill and intangible assets			(15,458)						(15,415)
Other			(1,909)						(1,544)
Total deferred tax liabilities			(21,307)						(21,174)
Net deferred tax liabilities			$	(8,073)					$	(9,104)

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the statutory federal income tax rate to the Company’s effective tax rate is as follows (in thousands):

			Fiscal Year Ended August 31,
			2024						2023						2022
Amount computed at U.S. statutory federal tax rate			$	19,217					$	17,884					$	17,662
Effect of foreign operations			3,339						1,583						317
Net benefit from GILTI/FDII			(2,696)						(2,071)						(2,002)
Uncertain tax positions and related interest			947						1,377						273
Other			1,057						397						529
Provision for income taxes			$	21,864					$	19,170					$	16,779

Schedule of Unrecognized Tax Benefits Roll Forward

Reconciliations of the beginning and ending amounts of the Company’s gross unrecognized tax benefits, excluding interest and penalties, are as follows (in thousands):

			Fiscal Year Ended August 31,
			2024						2023
Unrecognized tax benefits – beginning of fiscal year			$	9,275					$	9,251
Net increases – current period tax positions			184						191
Expirations of statute of limitations for assessment			(312)						(167)
Unrecognized tax benefits – end of fiscal year			$	9,147					$	9,275

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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Tabular disclosure of the change in unrecognized tax benefits.

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