XML 34 R24.htm IDEA: XBRL DOCUMENT v3.21.2
Revenue Recognition (Tables)
9 Months Ended
May 31, 2021
Revenue From Contract With Customer [Abstract]  
Schedule of Disaggregation of Revenue by Segment

A breakout by segment of revenue recognized over time versus at a point in time for the three and nine months ended May 31, 2021 and May 31, 2020 is as follows:

  

 

 

Three months ended

 

 

Three months ended

 

 

 

May 31, 2021

 

 

May 31, 2020

 

($ in thousands)

 

Irrigation

 

 

Infrastructure

 

 

Total

 

 

Irrigation

 

 

Infrastructure

 

 

Total

 

Point in time

 

$

131,032

 

 

$

16,790

 

 

$

147,822

 

 

$

84,356

 

 

$

23,271

 

 

$

107,627

 

Over time

 

 

9,143

 

 

 

1,383

 

 

 

10,526

 

 

 

11,145

 

 

 

1,871

 

 

 

13,016

 

Revenue from the contracts with customers

 

 

140,175

 

 

 

18,173

 

 

 

158,348

 

 

 

95,501

 

 

 

25,142

 

 

 

120,643

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lease revenue

 

 

 

 

 

3,588

 

 

 

3,588

 

 

 

 

 

 

2,463

 

 

 

2,463

 

Total operating revenues

 

$

140,175

 

 

$

21,761

 

 

$

161,936

 

 

$

95,501

 

 

$

27,605

 

 

$

123,106

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine months ended

 

 

Nine months ended

 

 

 

May 31, 2021

 

 

May 31, 2020

 

($ in thousands)

 

Irrigation

 

 

Infrastructure

 

 

Total

 

 

Irrigation

 

 

Infrastructure

 

 

Total

 

Point in time

 

$

321,960

 

 

$

53,060

 

 

$

375,020

 

 

$

232,017

 

 

$

61,769

 

 

$

293,786

 

Over time

 

 

24,144

 

 

 

4,557

 

 

 

28,701

 

 

 

40,304

 

 

 

5,421

 

 

 

45,725

 

Revenue from the contracts with customers

 

 

346,104

 

 

 

57,617

 

 

 

403,721

 

 

 

272,321

 

 

 

67,190

 

 

 

339,511

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lease revenue

 

 

 

 

 

10,277

 

 

 

10,277

 

 

 

 

 

 

6,776

 

 

 

6,776

 

Total operating revenues

 

$

346,104

 

 

$

67,894

 

 

$

413,998

 

 

$

272,321

 

 

$

73,966

 

 

$

346,287