Revenue Recognition (Tables)

3 Months Ended

Nov. 30, 2021

Revenue from Contract with Customer [Abstract]

Summary of Contract Balances

The contract balances are as follows:

(in millions)	Balance sheet classification	November 30, 2021		August 31, 2021		$ change
Contract assets	Accounts receivable, net	$	9.1	$	5.9	$	3.2
Contract assets	Inventories	$	11.7	$	6.7	$	5.0
Contract liabilities 1	Deferred revenue	$	30.6	$	36.4	$	(5.8	)

1 Contract liabilities balance includes deferred revenue within the scope of Revenue from Contracts with Customers (Topic 606).

Summary of Estimated Revenue Related to Performance Obligations Wholly or Partially Unsatisfied

The following table outlines estimated revenue related to performance obligations wholly or partially unsatisfied, that the Company anticipates will be recognized in future periods.

(in millions)	November 30, 2021
Revenue type:
Manufacturing – Railcar sales	$	2,471.3
Manufacturing – Marine	$	61.5
Manufacturing – Conversions	$	212.0
Management services	$	128.2
Other	$	11.1
Manufacturing – Railcars intended for syndication 1	$	370.3

1 Not a performance obligation as defined in Topic 606.