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Debt (Tables) | 9 Months Ended
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May 31, 2025
Debt Disclosure [Abstract] |
Schedule of Debt Outstanding Obligations | The following table summarizes our outstanding debt:
(in millions) | May 31, 2025 |  | August 31, 2024
ABL Credit Facility | $ | — |  |  | $ | — |
Senior Secured Notes | 200.0 |  |  | 300.0 |
2030 Convertible Notes | 350.0 |  |  | 350.0 |
2025 Convertible Notes | — |  |  | 59.3 |
Total debt, gross | 550.0 |  |  | 709.3 |
Unamortized debt issuance cost, net | (10.1) |  |  | (13.1) |
Current maturities of long-term debt, net | — |  |  | (59.1) |
Long-term debt, net | $ | 539.9 |  |  | $ | 637.1 |
The fair value of outstanding debt obligations, gross is as follows:
(in millions) | May 31, 2025 |  | August 31, 2024
ABL Credit Facility | $ | — |  |  | $ | — |
Senior Secured Notes | 200.3 |  |  | 299.0 |
2030 Convertible Notes | 308.3 |  |  | 344.2 |
2025 Convertible Notes | — |  |  | 63.2 |
Total debt, gross | $ | 508.6 |  |  | $ | 706.4 |
Schedule of Contractual Maturities of Debt | Aggregate contractual maturities of debt in future fiscal years are as follows:
(in millions) | Amount
Remainder of Fiscal 2025 | $ | — |
Fiscal 2026 | — |
Fiscal 2027 | — |
Fiscal 2028 | 200.0 |
Fiscal 2029 | — |
Fiscal 2030 | 350.0 |
Thereafter |
Total debt, gross | $ | 550.0 |

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