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OTHER INCOME (EXPENSE), NET (Tables)
12 Months Ended
Aug. 31, 2023
Other Income and Expenses [Abstract]  
Schedule of Other Nonoperating Income (Expense)
The components of other income (expense), net for the years ended August 31, 2023, 2022, and 2021, were as follows:
Years ended August 31,
(in thousands)202320222021
Interest income$4,131 $717 $201 
Interest expense— — (22)
Change in fair valuation of contingent consideration(680)(283)(486)
(Loss) gain on disposal of assets(6)— 
(Loss) gain on currency exchange(475)(231)139 
Total other income (expense), net$2,970 $204 $(168)