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Inventories

3 Months Ended

Nov. 30, 2016

Inventories [Abstract]

Inventories

Note 5 – Inventories



Inventories consisted of the following as of November 30, 2016,  November 30, 2015, and August 31, 2016:





		November 30,			November 30,			August 31,
($ in thousands)		2016			2015			2016
Raw materials and supplies		$	27,898		$	26,611		$	26,599
Work in process			8,001			8,623			5,742
Finished goods and purchased parts			49,917			48,569			47,805
Total inventory value before LIFO adjustment			85,816			83,803			80,146
Less adjustment to LIFO value			(5,677)			(5,557)			(5,396)
Inventories, net		$	80,139		$	78,246		$	74,750


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- References

No definition available.

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- Definition

The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.6)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6361739&loc=d3e7789-107766

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 6
-Subparagraph a, b, c
-Article 5

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