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Inventories (Tables) | 9 Months Ended
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May 31, 2020
Inventory Disclosure [Abstract] |
Schedule of Inventories | Inventories consisted of the following as of May 31, 2020, May 31, 2019, and August 31, 2019:
($ in thousands) |  | May 31, 2020 |  |  | May 31, 2019 |  |  | August 31, 2019 |
Raw materials and supplies |  | $ | 50,820 |  |  | $ | 44,742 |  |  | $ | 49,047 |
Work in process |  |  | 7,819 |  |  |  | 6,917 |  |  |  | 4,514 |
Finished goods and purchased parts, net |  |  | 59,496 |  |  |  | 47,659 |  |  |  | 46,812 |
Total inventory value before LIFO adjustment |  |  | 118,135 |  |  |  | 99,318 |  |  |  | 100,373 |
Less adjustment to LIFO value |  |  | (4,834 | ) |  |  | (8,227 | ) |  |  | (8,086 | )
Inventories, net |  | $ | 113,301 |  |  | $ | 91,091 |  |  | $ | 92,287 |

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