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Inventories
3 Months Ended
Nov. 30, 2019
Inventory Disclosure [Abstract]  
Inventories

Note 6 – Inventories

Inventories consisted of the following as of November 30, 2019, November 30, 2018, and August 31, 2019:

 

($ in thousands)

 

November 30,

2019

 

 

November 30,

2018

 

 

August 31,

2019

 

Raw materials and supplies

 

$

47,266

 

 

$

40,781

 

 

$

49,047

 

Work in process

 

 

6,235

 

 

 

9,601

 

 

 

4,514

 

Finished goods and purchased parts, net

 

 

51,908

 

 

 

46,925

 

 

 

46,812

 

Total inventory value before LIFO adjustment

 

 

105,409

 

 

 

97,307

 

 

 

100,373

 

Less adjustment to LIFO value

 

 

(8,125

)

 

 

(8,395

)

 

 

(8,086

)

Inventories, net

 

$

97,284

 

 

$

88,912

 

 

$

92,287