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Segment Information (Tables)
3 Months Ended
Nov. 30, 2020
Segment Reporting [Abstract]  
Summary of Financial Information by Reportable Segment and Product Line
The following tables summarize financial information by reportable segment and product line (in thousands):    
 Three Months Ended November 30,
 20202019
Net Sales by Reportable Segment & Product Line
Industrial Tools & Services
Product$82,573 $96,363 
Service & Rental29,602 39,229 
112,175 135,592 
Other Operating Segment7,255 11,082 
$119,430 $146,674 
Operating Profit (Loss)
Industrial Tools & Services$17,157 $26,055 
Other Operating Segment(1,809)(255)
General Corporate(6,279)(11,431)
$9,069 $14,369 
November 30, 2020August 31, 2020
Assets
Industrial Tools & Services$600,629 $592,086 
Other Operating Segment61,391 61,105 
General Corporate176,555 171,103 
$838,575 $824,294