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Other Income (Expense), Net
 12 Months Ended
Aug. 31, 2022
Other Income and Expenses [Abstract]  
Other Income (Expense), Net OTHER INCOME (EXPENSE), NET
The components of other income (expense), net for the years ended August 31, 2022, 2021, and 2020, were as follows:
Year ended August 31,
(in thousands)202220212020
Interest income$717 $201 $30 
Interest expense— (22)— 
Change in valuation of contingent consideration(283)(486)(203)
Gain on sale of assets1 — — 
(Loss) gain on currency exchange(231)139 (45)
Total other income (expense), net$204 $(168)$(218)