XML 38 R28.htm IDEA: XBRL DOCUMENT
v3.21.2

Fair Value Measurements (Tables) | 9 Months Ended
--- | ---
May 31, 2021
Fair Value Disclosures [Abstract] |
Schedule of Financial Assets and Liabilities Measured at Fair Value | The following table presents the Company’s financial assets and liabilities measured at fair value, based upon the level within the fair value hierarchy in which the fair value measurements fall, as of May 31, 2021, May 31, 2020, and August 31, 2020. There were no transfers between any levels for the periods presented.
|  | May 31, 2021 |
($ in thousands) |  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |
Cash and cash equivalents |  | $ | 120,801 |  |  | $ | — |  |  | $ | — |  |  | $ | 120,801 |
Marketable securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate bonds |  |  | — |  |  |  | 15,114 |  |  |  | — |  |  |  | 15,114 |
U.S. treasury securities |  |  | — |  |  |  | 4,549 |  |  |  | — |  |  |  | 4,549 |
Earn-out liability |  |  | — |  |  |  | — |  |  |  | (1,098 | ) |  |  | (1,098 | )
|  | May 31, 2020 |
($ in thousands) |  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |
Cash and cash equivalents |  | $ | 102,474 |  |  | $ | — |  |  | $ | — |  |  | $ | 102,474 |
Marketable securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate bonds |  |  | — |  |  |  | 14,554 |  |  |  | — |  |  |  | 14,554 |
U.S. treasury securities |  |  | — |  |  |  | 4,458 |  |  |  | — |  |  |  | 4,458 |
Derivative assets |  |  | — |  |  |  | 909 |  |  |  | — |  |  |  | 909 |
Derivative liabilities |  |  | — |  |  |  | (528 | ) |  |  | — |  |  |  | (528 | )
Earn-out liability |  |  | — |  |  |  | — |  |  |  | (1,195 | ) |  |  | (1,195 | )
|  | August 31, 2020 |
($ in thousands) |  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |
Cash and cash equivalents |  | $ | 121,403 |  |  | $ | — |  |  | $ | — |  |  | $ | 121,403 |
Marketable securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate bonds |  |  | — |  |  |  | 14,426 |  |  |  | — |  |  |  | 14,426 |
U.S. treasury securities |  |  | — |  |  |  | 5,085 |  |  |  | — |  |  |  | 5,085 |
Derivative assets |  |  | — |  |  |  | 21 |  |  |  | — |  |  |  | 21 |
Earn-out liability |  |  | — |  |  |  | — |  |  |  | (1,112 | ) |  |  | (1,112 | )

X
- References No definition available. + Details
Name: | us-gaap_FairValueDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
Name: | us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration