Quarterly report pursuant to Section 13 or 15(d)

Leases Leases

Leases Leases
6 Months Ended
Feb. 28, 2021
Leases [Abstract]  
Lessee, Operating Leases [Text Block]
Note 15. Leases
The Company has operating leases for real estate, vehicles, manufacturing equipment, IT equipment and office equipment (the Company does not have any financing leases). Our leases typically range in term from 3 to 15 years and may contain renewal options for periods up to 5 years at our discretion. Operating leases are recorded as operating lease ROU assets in “Other long-term assets” and operating lease liabilities in “Other current liabilities” and “Other long-term liabilities” of the Condensed Consolidated Balance Sheets.
The components of lease expense were as follows (in thousands):
Three Months Ended Six Months Ended
February 28, 2021 February 29, 2020 February 28, 2021 February 29, 2020
Lease Cost:
Operating lease cost $ 3,766  $ 3,894  $ 7,471  $ 8,147 
Short-term lease cost 397  310  810  765 
Variable lease cost 865  564  1,747  1,033 
Supplemental cash flow and other information related to leases were as follows (in thousands):
Six Months Ended
February 28, 2021 February 29, 2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases $ 7,486  $ 8,141 
Right-of-use assets obtained in exchange for new lease liabilities:
Operating leases 1,360  4,532