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Revenue
 6 Months Ended
Feb. 29, 2024
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
The following table presents the Company’s revenues by segment and major source (in thousands):
Three Months Ended February 29, 2024Six Months Ended February 29, 2024
AmericasEIMEAAsia-PacificTotalAmericasEIMEAAsia-PacificTotal
WD-40 Multi-Use Product$49,043 $41,572 $16,619 $107,234 $97,554 $78,616 $38,741 $214,911 
WD-40 Specialist7,090 7,525 2,202 16,817 14,198 14,191 5,270 33,659 
Other maintenance products (1)
4,003 3,009 176 7,188 8,129 6,071 614 14,814 
Total maintenance products60,136 52,106 $18,997 $131,239 119,881 98,878 44,625 263,384 
HCCP (2)
3,371 2,207 2,288 7,866 7,701 4,189 4,247 16,137 
Total net sales$63,507 $54,313 $21,285 $139,105 $127,582 $103,067 $48,872 $279,521 
Three Months Ended February 28, 2023Six Months Ended February 28, 2023
AmericasEIMEAAsia-PacificTotalAmericasEIMEAAsia-PacificTotal
WD-40 Multi-Use Product$48,405 $35,660 $16,196 $100,261 $91,562 $65,838 $37,449 $194,849 
WD-40 Specialist$6,875 $6,122 $2,277 $15,274 13,700 12,133 4,847 30,680 
Other maintenance products (1)
$3,846 $2,569 $154 $6,569 7,435 5,109 343 12,887 
Total maintenance products$59,126 $44,351 $18,627 $122,104 112,697 83,080 42,639 238,416 
HCCP (2)
3,764 2,458 1,867 8,089 8,207 4,501 3,962 16,670 
Total net sales$62,890 $46,809 $20,494 $130,193 $120,904 $87,581 $46,601 $255,086 
(1)Other maintenance products consist of the 3-IN-ONE and GT85 brands.
(2)Homecare and cleaning products (“HCCP”).
Contract Balances
Contract liabilities consist of deferred revenue related to undelivered products. Deferred revenue is recorded when payments have been received from customers for undelivered products. Revenue is subsequently recognized when revenue recognition criteria are met, generally when control of the product transfers to the customer. The Company had contract liabilities of $3.3 million and $4.6 million as of February 29, 2024 and August 31, 2023, respectively. Substantially all of the $4.6 million that was included in contract liabilities as of August 31, 2023 was recognized to revenue during the six months ended February 29, 2024. These contract liabilities are recorded in accrued liabilities on the Company’s condensed consolidated balance sheets. Contract assets are recorded if the Company has satisfied a performance obligation but does not yet have an unconditional right to consideration. The Company did not have any contract assets as of February 29, 2024 and August 31, 2023. The Company has an unconditional right to payment for its trade and other accounts receivable on the Company’s condensed consolidated balance sheets. These receivables are presented net of an allowance for credit losses of $0.6 million as of February 29, 2024 and which was not significant as of August 31, 2023.