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Revenue Recognition (Tables)
3 Months Ended
Nov. 30, 2023
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 months ended November 30, 2023 and 2022 is as follows:

 

 

Three months ended

 

 

 

November 30, 2023

 

($ in thousands)

 

Irrigation

 

 

Infrastructure

 

 

Total

 

Point in time

 

$

131,201

 

 

$

12,951

 

 

$

144,152

 

Over time

 

 

8,967

 

 

 

1,231

 

 

 

10,198

 

Revenue from the contracts with customers

 

 

140,168

 

 

 

14,182

 

 

 

154,350

 

 

 

 

 

 

 

 

 

 

 

Lease revenue

 

 

 

 

 

7,008

 

 

 

7,008

 

Total operating revenues

 

$

140,168

 

 

$

21,190

 

 

$

161,358

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended

 

 

 

November 30, 2022

 

($ in thousands)

 

Irrigation

 

 

Infrastructure

 

 

Total

 

Point in time

 

$

145,716

 

 

$

20,230

 

 

$

165,946

 

Over time

 

 

6,367

 

 

 

1,454

 

 

 

7,821

 

Revenue from the contracts with customers

 

 

152,083

 

 

 

21,684

 

 

 

173,767

 

 

 

 

 

 

 

 

 

 

 

Lease revenue

 

 

 

 

 

2,392

 

 

 

2,392

 

Total operating revenues

 

$

152,083

 

 

$

24,076

 

 

$

176,159