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Inventories
6 Months Ended
Feb. 28, 2018
Inventory Disclosure [Abstract]  
Inventories

Note 5 – Inventories

Inventories consisted of the following as of February 28, 2018, February 28, 2017, and August 31, 2017:

 

($ in thousands)

 

February 28,

2018

 

 

February 28,

2017

 

 

August 31,

2017

 

Raw materials and supplies

 

$

38,716

 

 

$

27,368

 

 

$

31,158

 

Work in process

 

 

9,371

 

 

 

7,570

 

 

 

7,113

 

Finished goods and purchased parts

 

 

60,925

 

 

 

53,587

 

 

 

52,382

 

Total inventory value before LIFO adjustment

 

 

109,012

 

 

 

88,525

 

 

 

90,653

 

Less adjustment to LIFO value

 

 

(6,037

)

 

 

(5,678

)

 

 

(4,498

)

Inventories, net

 

$

102,975

 

 

$

82,847

 

 

$

86,155