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Long-Term Debt (Tables) | 3 Months Ended
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Nov. 30, 2020
Debt Disclosure [Abstract] |
Schedule of Long-Term Debt | The following table sets forth the outstanding principal balances of the Company’s long-term debt as of the dates shown:
($ in thousands) |  | November 30, 2020 |  |  | November 30, 2019 |  |  | August 31, 2020 |
Series A Senior Notes |  | $ | 115,000 |  |  | $ | 115,000 |  |  | $ | 115,000 |
Revolving Credit Facility |  |  | — |  |  |  | — |  |  |  | — |
Elecsys Series 2006A Bonds |  |  | 1,309 |  |  |  | 1,519 |  |  |  | 1,344 |
Total debt |  |  | 116,309 |  |  |  | 116,519 |  |  |  | 116,344 |
Less current portion |  |  | (214 | ) |  |  | (210 | ) |  |  | (195 | )
Less unamortized debt issuance costs |  |  | (454 | ) |  |  | (504 | ) |  |  | (467 | )
Total long-term debt |  | $ | 115,641 |  |  | $ | 115,805 |  |  | $ | 115,682 |
Schedule of Principal Payments Due on Long-Term Debt | Principal payments on the debt are due as follows:
Due within |  | $ in thousands |
1 year |  | $ | 214 |
2 years |  |  | 218 |
3 years |  |  | 222 |
4 years |  |  | 227 |
5 years |  |  | 231 |
Thereafter |  |  | 115,197 |
|  | $ | 116,309 |

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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- Definition Tabular disclosure of maturity and sinking fund requirement for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
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