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Revenue
 9 Months Ended
May 31, 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 May 31, 2024Nine Months Ended May 31, 2024
AmericasEIMEAAsia-PacificTotalAmericasEIMEAAsia-PacificTotal
WD-40 Multi-Use Product$58,559 $45,402 $15,092 $119,053 $156,113 $124,018 $53,833 $333,964 
WD-40 Specialist$9,034 $8,407 $2,783 $20,224 $23,232 $22,598 $8,053 $53,883 
Other maintenance products (1)
$4,333 $3,317 $235 $7,885 $12,462 $9,388 $849 $22,699 
Total maintenance products$71,926 $57,126 $18,110 $147,162 $191,807 $156,004 $62,735 $410,546 
HCCP (2)
$3,177 $2,273 $2,433 $7,883 $10,878 $6,462 $6,680 $24,020 
Total net sales$75,103 $59,399 $20,543 $155,045 $202,685 $162,466 $69,415 $434,566 
Three Months Ended May 31, 2023Nine Months Ended May 31, 2023
AmericasEIMEAAsia-PacificTotalAmericasEIMEAAsia-PacificTotal
WD-40 Multi-Use Product$54,592 $38,932 $13,627 $107,151 $146,154 $104,770 $51,076 $302,000 
WD-40 Specialist$8,209 $7,544 $2,133 $17,886 21,910 19,677 6,979 48,566 
Other maintenance products (1)
$4,634 $3,245 $409 $8,288 12,068 8,354 753 21,175 
Total maintenance products$67,435 $49,721 $16,169 $133,325 180,132 132,801 58,808 371,741 
HCCP (2)
3,695 2,803 1,894 8,392 11,902 7,304 5,856 25,062 
Total net sales$71,130 $52,524 $18,063 $141,717 $192,034 $140,105 $64,664 $396,803 
(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 $2.2 million and $4.6 million as of May 31, 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 nine months ended May 31, 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 May 31, 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 $1.3 million as of May 31, 2024 and which was not significant as of August 31, 2023.