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Revenue Recognition (Tables)
9 Months Ended
May 31, 2022
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue by Segment

A breakout by segment of revenue recognized over time versus at a point in time for the three and nine months ended May 31, 2022 and 2021 is as follows:

 

 

 

Three months ended

 

 

Three months ended

 

 

 

May 31, 2022

 

 

May 31, 2021

 

($ in thousands)

 

Irrigation

 

 

Infrastructure

 

 

Total

 

 

Irrigation

 

 

Infrastructure

 

 

Total

 

Point in time

 

$

183,085

 

 

$

22,083

 

 

$

205,168

 

 

$

131,032

 

 

$

16,790

 

 

$

147,822

 

Over time

 

 

5,608

 

 

 

1,750

 

 

 

7,358

 

 

 

9,143

 

 

 

1,383

 

 

 

10,526

 

Revenue from the contracts with customers

 

 

188,693

 

 

 

23,833

 

 

 

212,526

 

 

 

140,175

 

 

 

18,173

 

 

 

158,348

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lease revenue

 

 

 

 

 

1,733

 

 

 

1,733

 

 

 

 

 

 

3,588

 

 

 

3,588

 

Total operating revenues

 

$

188,693

 

 

$

25,566

 

 

$

214,259

 

 

$

140,175

 

 

$

21,761

 

 

$

161,936

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine months ended

 

 

Nine months ended

 

 

 

May 31, 2022

 

 

May 31, 2021

 

($ in thousands)

 

Irrigation

 

 

Infrastructure

 

 

Total

 

 

Irrigation

 

 

Infrastructure

 

 

Total

 

Point in time

 

$

498,468

 

 

$

52,806

 

 

$

551,274

 

 

$

321,960

 

 

$

53,060

 

 

$

375,020

 

Over time

 

 

16,892

 

 

 

3,959

 

 

 

20,851

 

 

 

24,144

 

 

 

4,557

 

 

 

28,701

 

Revenue from the contracts with customers

 

 

515,360

 

 

 

56,765

 

 

 

572,125

 

 

 

346,104

 

 

 

57,617

 

 

 

403,721

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lease revenue

 

 

 

 

 

8,422

 

 

 

8,422

 

 

 

 

 

 

10,277

 

 

 

10,277

 

Total operating revenues

 

$

515,360

 

 

$

65,187

 

 

$

580,547

 

 

$

346,104

 

 

$

67,894

 

 

$

413,998