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Leases (Tables)
6 Months Ended
Feb. 28, 2021
Leases [Abstract]  
Aggregate Minimum Future Amounts Receivable Under All Non-Cancelable Operating Leases and Subleases

Aggregate minimum future amounts receivable under all non-cancelable operating leases and subleases at February 28, 2021, will mature as follows:

 

(in thousands)

 

 

 

 

Remaining six months of 2021

 

$

17,049

 

2022

 

 

30,183

 

2023

 

 

25,421

 

2024

 

 

22,777

 

2025

 

 

12,638

 

Thereafter

 

 

27,870

 

 

 

$

135,938

 

Components of Operating Lease Costs

 


 

The components of operating lease costs were as follows:

 

(in thousands)

 

Three Months Ended

 

 

Six Months Ended

 

 

 

February 28,

2021

 

 

February 29,

2020

 

 

February 28,

2021

 

 

February 29,

2020

 

Operating lease expense

 

$

3,625

 

 

$

3,424

 

 

$

7,493

 

 

$

6,850

 

Short-term lease expense

 

 

1,280

 

 

 

3,217

 

 

 

2,586

 

 

 

4,730

 

Total

 

$

4,905

 

 

$

6,641

 

 

$

10,079

 

 

$

11,580

 

Aggregate Minimum Future Amounts Payable Under Operating Leases

 

Aggregate minimum future amounts payable under operating leases having initial or remaining non-cancelable terms at February 28, 2021 will mature as follows:

 

(in thousands)

 

 

 

 

Remaining six months of 2021

 

$

6,492

 

2022

 

 

12,414

 

2023

 

 

11,983

 

2024

 

 

10,848

 

2025

 

 

6,324

 

Thereafter

 

 

17,409

 

Total lease payments

 

$

65,470

 

Less: Imputed interest

 

 

(7,308

)

Total lease obligations

 

$

58,162

 

Additional Information Related to Company's Leases

The table below presents additional information related to the Company’s leases:

 

Weighted average remaining lease term:

 

 

 

 

Operating leases

 

11.5 Years

 

 

 

 

 

 

Weighted average discount rate:

 

 

 

 

Operating leases

 

 

3.2

%

Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases were as follows:

 

(in thousands)

 

Six months ended

February 28,

2021

 

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

 

Operating cash flows from operating leases

 

$

7,327

 

ROU assets obtained in exchange for new operating lease liabilities

 

$

30