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Inventories
9 Months Ended
May 31, 2017
Inventories [Abstract]  
Inventories

Note 5 – Inventories



Inventories consisted of the following as of May 31, 2017,  May 31, 2016,  and August 31, 2016:

















 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



 

May 31,

 

May 31,

 

August 31,

($ in thousands)

 

2017

 

2016

 

2016

Raw materials and supplies

 

$

32,960 

 

$

25,903 

 

$

26,599 

Work in process

 

 

7,849 

 

 

7,730 

 

 

5,742 

Finished goods and purchased parts

 

 

53,469 

 

 

53,731 

 

 

47,805 

Total inventory value before LIFO adjustment

 

 

94,278 

 

 

87,364 

 

 

80,146 

Less adjustment to LIFO value

 

 

(5,677)

 

 

(4,519)

 

 

(5,396)

Inventories, net

 

$

88,601 

 

$

82,845 

 

$

74,750