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Income Taxes (Tables)

12 Months Ended

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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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

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-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

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-Section 50
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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

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-Topic 740
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-Name Accounting Standards Codification
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-URI https://asc.fasb.org/1943274/2147482663/740-10-55-231

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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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