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Income Taxes (Tables) | 12 Months Ended
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Aug. 31, 2025
Income Tax Disclosure [Abstract] |
Schedule of Earnings Before Income Taxes | For financial reporting purposes, earnings before income taxes include the following components:
|  | For the years ended August 31, |
($ in thousands) |  | 2025 |  |  | 2024 |  |  | 2023 |
United States |  | $ | 67,551 |  |  | $ | 40,497 |  |  | $ | 40,066 |
Foreign |  |  | 27,032 |  |  |  | 38,553 |  |  |  | 60,309 |
Earnings before income taxes |  | $ | 94,583 |  |  | $ | 79,050 |  |  | $ | 100,375 |
Schedule of Significant Components of Income Tax Provision | Significant components of the income tax provision are as follows:
|  | For the years ended August 31, |
($ in thousands) |  | 2025 |  |  | 2024 |  |  | 2023 |
Current: |  |  |  |  |  |  |  |  |
Federal |  | $ | 8,897 |  |  | $ | 9,743 |  |  | $ | 8,119 |
State |  |  | 2,338 |  |  |  | 2,331 |  |  |  | 1,690 |
Foreign |  |  | 10,729 |  |  |  | 4,614 |  |  |  | 18,187 |
Total current |  |  | 21,964 |  |  |  | 16,688 |  |  |  | 27,996 |
Deferred: |  |  |  |  |  |  |  |  |
Federal |  |  | (1,970 | ) |  |  | (2,310 | ) |  |  | (684 | )
State |  |  | (276 | ) |  |  | (370 | ) |  |  | (76 | )
Foreign |  |  | 813 |  |  |  | (1,215 | ) |  |  | 760 |
Total deferred |  |  | (1,433 | ) |  |  | (3,895 | ) |  | — |
Total income tax provision |  | $ | 20,531 |  |  | $ | 12,793 |  |  | $ | 27,996 |
Schedule of Effective Income Tax Rate Reconciliation |
|  | For the years ended August 31, |
|  | 2025 |  |  | 2024 |  |  | 2023 |
($ in thousands) |  | Amount |  |  | % |  |  | Amount |  |  | % |  |  | Amount |  |  | % |
U.S. statutory rate |  | $ | 19,863 |  |  |  | 21.0 |  |  | $ | 16,601 |  |  |  | 21.0 |  |  | $ | 21,079 |  |  |  | 21.0 |
State and local taxes, net of federal tax benefit |  |  | 1,571 |  |  |  | 1.7 |  |  |  | 1,471 |  |  |  | 1.9 |  |  |  | 1,259 |  |  |  | 1.3 |
Foreign tax rate differences |  |  | (332 | ) |  |  | (0.4 | ) |  |  | 1,658 |  |  |  | 2.1 |  |  |  | 6,017 |  |  |  | 6.0 |
NOLs |  |  | (242 | ) |  |  | (0.3 | ) |  |  | (1,349 | ) |  |  | (1.7 | ) |  | — |  |  | — |
U.S. tax reform |  | — |  |  | — |  |  | — |  |  | — |  |  |  | (103 | ) |  |  | (0.1 | )
Deferred tax asset valuation allowance |  | — |  |  | — |  |  | — |  |  | — |  |  |  | (610 | ) |  |  | (0.6 | )
Federal credits |  |  | (1,691 | ) |  |  | (1.8 | ) |  |  | (1,256 | ) |  |  | (1.6 | ) |  |  | (445 | ) |  |  | (0.4 | )
Uncertain tax benefits |  |  | (385 | ) |  |  | (0.4 | ) |  |  | (221 | ) |  |  | (0.3 | ) |  |  | (84 | ) |  |  | (0.1 | )
Capital gains |  | — |  |  | — |  |  | — |  |  | — |  |  |  | 529 |  |  |  | 0.5 |
International credits |  | — |  |  | — |  |  |  | (4,386 | ) |  |  | (5.5 | ) |  | — |  |  | — |
Other |  |  | 1,747 |  |  |  | 1.9 |  |  |  | 275 |  |  |  | 0.3 |  |  |  | 354 |  |  |  | 0.3 |
Effective rate |  | $ | 20,531 |  |  |  | 21.7 |  |  | $ | 12,793 |  |  |  | 16.2 |  |  | $ | 27,996 |  |  |  | 27.9 |
Schedule of Deferred Tax Assets and Liabilities | Significant components of the Company’s deferred tax assets and liabilities are as follows:
|  | August 31, |
($ in thousands) |  | 2025 |  |  | 2024 |
Deferred tax assets: |  |  |  |  |  |
Accrued expenses |  |  | 10,430 |  |  | $ | 9,879 |
Warranty |  |  | 3,379 |  |  |  | 3,432 |
Defined benefit pension plan |  |  | 988 |  |  |  | 1,188 |
Inventory |  |  | 2,583 |  |  |  | 2,825 |
Share-based compensation |  |  | 2,285 |  |  |  | 1,920 |
Vacation |  |  | 1,473 |  |  |  | 1,202 |
Net operating loss and capital loss carry forwards |  |  | 354 |  |  |  | 1,264 |
Deferred revenue |  |  | 1,583 |  |  |  | 1,329 |
Allowance for doubtful accounts |  |  | 1,721 |  |  |  | 1,343 |
Lease liabilities |  |  | 3,679 |  |  |  | 3,712 |
Capitalized research and development expenditures |  |  | 5,528 |  |  |  | 3,867 |
Net investment hedges |  |  | 3,436 |  |  |  | 41 |
Other |  |  | 1,838 |  |  |  | 1,392 |
Gross deferred tax assets |  |  | 39,277 |  |  |  | 33,394 |
Valuation allowance |  |  | (534 | ) |  |  | (534 | )
Net deferred tax assets |  | $ | 38,743 |  |  | $ | 32,860 |
Deferred tax liabilities: |  |  |  |  |  |
Intangible assets |  | $ | (4,767 | ) |  | $ | (4,802 | )
Property, plant, and equipment |  |  | (12,163 | ) |  |  | (11,398 | )
Lease assets |  |  | (2,912 | ) |  |  | (2,907 | )
Other |  |  | (400 | ) |  | — |
Total deferred tax liabilities |  | $ | (20,242 | ) |  | $ | (19,107 | )
Net deferred tax assets |  | $ | 18,501 |  |  | $ | 13,753 |

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