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Long-Term Debt | 9 Months Ended
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May 31, 2021
Debt Disclosure [Abstract] |
Long-Term Debt | Note 6 – 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) |  | May 31, 2021 |  |  | May 31, 2020 |  |  | August 31, 2020 |
Series A Senior Notes |  | $ | 115,000 |  |  | $ | 115,000 |  |  | $ | 115,000 |
Revolving Credit Facility |  |  | — |  |  |  | — |  |  |  | — |
Elecsys Series 2006A Bonds |  |  | 1,203 |  |  |  | 1,397 |  |  |  | 1,344 |
Total debt |  |  | 116,203 |  |  |  | 116,397 |  |  |  | 116,344 |
Less current portion |  |  | (216 | ) |  |  | (195 | ) |  |  | (195 | )
Less unamortized debt issuance costs |  |  | (430 | ) |  |  | (479 | ) |  |  | (467 | )
Total long-term debt |  | $ | 115,557 |  |  | $ | 115,723 |  |  | $ | 115,682 |
Principal payments on the debt are due as follows:
Due within |  | $ in thousands |
1 year |  | $ | 216 |
2 years |  |  | 220 |
3 years |  |  | 225 |
4 years |  |  | 229 |
5 years |  |  | 234 |
Thereafter |  |  | 115,079 |
|  | $ | 116,203 |

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- Definition The entire disclosure for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -URI http://asc.fasb.org/topic&trid=2208564 + Details
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