v3.26.1
Leases (Tables)
 9 Months Ended
May 31, 2026
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 May 31, 2026, will mature as follows:

(in millions)

 

 

 

Remaining three months of 2026

 

$

34.9

 

2027

 

 

113.9

 

2028

 

 

92.3

 

2029

 

 

68.8

 

2030

 

 

48.3

 

Thereafter

 

 

79.9

 

 

$

438.1

 
Components of Operating Lease Costs

The components of operating lease costs were as follows:

 

 

Three months ended
May 31,

 

 

Nine months ended
May 31,

 

(in millions)

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Operating lease expense

 

$

5.8

 

 

$

5.2

 

 

$

16.1

 

 

$

14.5

 

Short-term lease expense

 

 

1.1

 

 

 

1.4

 

 

 

2.6

 

 

 

4.5

 

Total

 

$

6.9

 

 

$

6.6

 

 

$

18.7

 

 

$

19.0

 
Aggregate Minimum Future Amounts Payable Under Operating Leases

Aggregate minimum future amounts payable under operating leases having initial or remaining non-cancelable terms at May 31, 2026, will mature as follows:

(in millions)

 

 

 

Remaining three months of 2026

 

$

4.6

 

2027

 

 

15.6

 

2028

 

 

14.5

 

2029

 

 

12.8

 

2030

 

 

9.6

 

Thereafter

 

 

30.1

 

Total lease payments

 

$

87.2

 

Less: Imputed interest

 

 

(13.4

)

Total lease obligations

 

$

73.8

 
Additional Information Related to Company's Leases

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

 

 

May 31,
2026

 

 

August 31,
2025

 

Weighted average remaining lease term (years)

 

 

10.8

 

 

 

10.6

 

Weighted average discount rate

 

 

4.6

%

 

 

4.5

%
Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases were as follows:

 

 

Nine months ended
May 31,

 

(in millions)

 

2026

 

2025

 

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

 

 

 

 

 

 

Operating cash flows from operating leases

 

$

15.1

 

 

$

13.7

 

ROU assets obtained in exchange for lease liabilities:

 

 

 

 

 

 

Operating leases

 

$

1.3

 

 

$

33.9