XML 37 R27.htm IDEA: XBRL DOCUMENT v3.21.2

Long-Term Debt (Tables)

9 Months Ended

May 31, 2021

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)		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

Schedule of Principal Payments Due on Long-Term Debt

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

X

- References

No definition available.

+ Details

Name:	us-gaap_DebtDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- 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

Name:	us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- 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

Name:	us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration