Revenue Recognition (Tables)

6 Months Ended

Feb. 28, 2022

Revenue from Contract with Customer [Abstract]

Summary of Contract Balances

The contract balances are as follows:

(in millions)	Balance sheet classification	February 28, 2022		August 31, 2021		$ change
Contract assets	Accounts receivable, net	$	10.1	$	5.9	$	4.2
Contract assets	Inventories	$	7.1	$	6.7	$	0.4
Contract liabilities 1	Deferred revenue	$	37.5	$	36.4	$	1.1

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)	February 28, 2022
Revenue type:
Manufacturing – Railcar sales	$	2,739.2
Manufacturing – Marine	$	47.5
Manufacturing – Conversions	$	174.1
Management services	$	129.8
Other	$	16.5
Manufacturing – Railcars intended for syndication 1	$	701.2

1 Not a performance obligation as defined in Topic 606.