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Revenue Recognition (Tables)
6 Months Ended
Feb. 28, 2022
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 six months ended February 28, 2022 and 2021 is as follows:

 

 

 

Three months ended

 

 

Three months ended

 

 

 

February 28, 2022

 

 

February 28, 2021

 

($ in thousands)

 

Irrigation

 

 

Infrastructure

 

 

Total

 

 

Irrigation

 

 

Infrastructure

 

 

Total

 

Point in time

 

$

175,251

 

 

$

16,010

 

 

$

191,261

 

 

$

110,814

 

 

$

20,819

 

 

$

131,633

 

Over time

 

 

5,508

 

 

 

1,467

 

 

 

6,975

 

 

 

7,758

 

 

 

1,535

 

 

 

9,293

 

Revenue from the contracts with customers

 

 

180,759

 

 

 

17,477

 

 

 

198,236

 

 

 

118,572

 

 

 

22,354

 

 

 

140,926

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lease revenue

 

 

 

 

 

1,901

 

 

 

1,901

 

 

 

 

 

 

2,651

 

 

 

2,651

 

Total operating revenues

 

$

180,759

 

 

$

19,378

 

 

$

200,137

 

 

$

118,572

 

 

$

25,005

 

 

$

143,577

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six months ended

 

 

Six months ended

 

 

 

February 28, 2022

 

 

February 28, 2021

 

($ in thousands)

 

Irrigation

 

 

Infrastructure

 

 

Total

 

 

Irrigation

 

 

Infrastructure

 

 

Total

 

Point in time

 

$

315,383

 

 

$

30,723

 

 

$

346,106

 

 

$

190,926

 

 

$

36,269

 

 

$

227,195

 

Over time

 

 

11,284

 

 

 

2,209

 

 

 

13,493

 

 

 

15,003

 

 

 

3,174

 

 

 

18,177

 

Revenue from the contracts with customers

 

 

326,667

 

 

 

32,932

 

 

 

359,599

 

 

 

205,929

 

 

 

39,443

 

 

 

245,372

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lease revenue

 

 

 

 

 

6,689

 

 

 

6,689

 

 

 

 

 

 

6,690

 

 

 

6,690

 

Total operating revenues

 

$

326,667

 

 

$

39,621

 

 

$

366,288

 

 

$

205,929

 

 

$

46,133

 

 

$

252,062