Annual report pursuant to Section 13 and 15(d)

Leases, Codification Topic 840 (Tables)

v3.22.2.2
Leases, Codification Topic 840 (Tables)
 12 Months Ended
Aug. 31, 2022
Leases [Abstract]  
Lease, Cost
The components of lease expense for the year ended August 31, 2022 and 2021 were as follows (in thousands):
Year Ended August 31,
2022 2021
Lease Cost:
Operating lease cost $ 14,316  $ 15,170 
Short-term lease cost 1,714  1,611 
Variable lease cost 3,609  3,086 
Supplemental Cash Flow Information Related to Leases
Supplemental cash flow and other information related to leases for the year ended August 31, 2022 and 2021 were as follows (in thousands):
Year Ended August 31,
2022 2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases $ 14,166  $ 15,240 
Right-of-use assets obtained in exchange for new lease liabilities:
Operating leases 4,584  9,197 
Supplemental Balance Sheet Information Related to Leases
Supplemental balance sheet information related to leases at August 31, 2022 and 2021 were as follows (in thousands):
August 31, 2022 August 31, 2021
Operating leases:
Other long-term assets $ 43,273  $ 51,589 
Other current liabilities 10,709  11,917 
Other long-term liabilities 33,477  40,568 
Total operating lease liabilities $ 44,186  $ 52,485 
Weighted Average Remaining Lease Term:
Operating leases 6.4 years 6.7 years
Weighted Average Discount Rate:
Operating leases 4.4  % 4.3  %
Lessee, Operating Lease, Liability, Maturity
A summary of the future minimum lease payments due under operating leases with terms of more than one year at August 31, 2022 is as follows (in thousands):
Operating Leases
2023 $ 12,283 
2024 10,273 
2025 8,131 
2026 5,531 
2027 3,195 
Thereafter 11,569 
Total minimum lease payments 50,982 
Less imputed interest (6,796)
Present value of net minimum lease payments $ 44,186