Inventories (Tables)

3 Months Ended

Nov. 30, 2023

Inventory Disclosure [Abstract]

Schedule of Inventories

Inventories consisted of the following as of November 30, 2023, November 30, 2022, and August 31, 2023:

($ in thousands)	November 30, 2023			November 30, 2022			August 31, 2023
Raw materials and supplies	$	87,082		$	96,811		$	83,908
Work in process		10,777			12,326			7,820
Finished goods and purchased parts, net		88,043			103,400			86,793
Total inventory value before LIFO adjustment		185,902			212,537			178,521
Less adjustment to LIFO value		(21,758	)		(24,133	)		(22,589	)
Inventories, net	$	164,144		$	188,404		$	155,932