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Revenue
 12 Months Ended
Aug. 31, 2024
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
The following table presents the Company’s revenues by segment and major source (in thousands):
Fiscal Year Ended August 31, 2024Fiscal Year Ended August 31, 2023
AmericasEIMEAAsia-PacificTotalAmericasEIMEAAsia-PacificTotal
WD-40 Multi-Use Product$216,769 $168,450 $67,706 $452,925 $202,651 $142,965 $62,056 $407,672 
WD-40 Specialist$32,966 $30,876 $10,096 $73,938 $31,055 $27,029 $8,630 $66,714 
Other maintenance products (1)
$17,289 $12,741 $1,143 $31,173 $16,642 $11,507 $1,023 $29,172 
Total maintenance products$267,024 $212,067 $78,945 $558,036 $250,348 $181,501 $71,709 $503,558 
HCCP (2)
$14,859 $8,978 $8,684 32,521 $16,424 $9,317 $7,956 33,697 
Total net sales$281,883 $221,045 $87,629 $590,557 $266,772 $190,818 $79,665 $537,255 
(1)Other maintenance products consist of the 3-IN-ONE and GT85 brands.
(2)Homecare and cleaning products (“HCCP”).
The Company recorded approximately $37.4 million and $33.3 million in rebates/other discounts as a reduction to sales during fiscal years 2024 and 2023, respectively. The Company had a $14.8 million and $11.1 million balance in rebate/other discount liabilities as of August 31, 2024 and 2023, respectively, which are included in accrued liabilities on the Company’s consolidated balance sheets.
The Company recorded approximately $5.8 million and $5.6 million in cash discounts as a reduction to sales during fiscal years 2024 and 2023, respectively. The Company had a $0.6 million balance in the allowance for cash discounts as of August 31, 2024 and 2023.
The Company had contract liabilities, which consist of deferred revenue related to undelivered products, of $4.3 million and $4.6 million as of August 31, 2024 and 2023, respectively. All of the $4.6 million that was included in contract liabilities as of August 31, 2023 was recognized to revenue during fiscal year 2024. Contract assets are recorded if the Company has satisfied a performance obligation but does not yet have an unconditional right to consideration. The Company did not have any contract assets as of August 31, 2024 and 2023. The Company has an unconditional right to payment for all trade and other accounts receivable on the Company’s consolidated balance sheets.
The Company’s refund liability for sales returns was not significant as of August 31, 2024 and 2023. The Company records an amount to other current assets for the value of inventory that represents the right to recover products from customers associated with sales returns, which was not significant as of August 31, 2024 and 2023.