| Schedule of Disaggregation of Revenue by Segment |
A breakout by segment of revenue recognized over time versus at a point in time for the three and nine months ended May 31, 2026 and 2025 is as follows:
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Three months ended |
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Three months ended |
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May 31, 2026 |
|
May 31, 2025 |
($ in thousands) |
|
Irrigation |
|
Infrastructure |
|
Total |
|
Irrigation |
|
Infrastructure |
|
Total |
Point in time |
|
$ |
124,060 |
|
$ |
21,675 |
|
$ |
145,735 |
|
$ |
135,334 |
|
$ |
20,170 |
|
$ |
155,504 |
Over time |
|
|
8,973 |
|
|
2,180 |
|
|
11,153 |
|
|
8,411 |
|
|
1,759 |
|
|
10,170 |
Revenue from contracts with customers |
|
|
133,033 |
|
|
23,855 |
|
|
156,888 |
|
|
143,745 |
|
|
21,929 |
|
|
165,674 |
Lease revenue |
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|
— |
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|
3,876 |
|
|
3,876 |
|
|
— |
|
|
3,790 |
|
|
3,790 |
Total operating revenues |
|
$ |
133,033 |
|
$ |
27,731 |
|
$ |
160,764 |
|
$ |
143,745 |
|
$ |
25,719 |
|
$ |
169,464 |
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Nine months ended |
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Nine months ended |
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|
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May 31, 2026 |
|
|
May 31, 2025 |
($ in thousands) |
|
Irrigation |
|
Infrastructure |
|
Total |
|
Irrigation |
|
Infrastructure |
|
Total |
Point in time |
|
$ |
382,092 |
|
$ |
49,500 |
|
$ |
431,592 |
|
$ |
414,958 |
|
$ |
66,192 |
|
$ |
481,150 |
Over time |
|
|
25,615 |
|
|
5,033 |
|
|
30,648 |
|
|
24,013 |
|
|
4,891 |
|
|
28,904 |
Revenue from contracts with customers |
|
|
407,707 |
|
|
54,533 |
|
|
462,240 |
|
|
438,971 |
|
|
71,083 |
|
|
510,054 |
Lease revenue |
|
|
— |
|
|
12,057 |
|
|
12,057 |
|
|
— |
|
|
12,755 |
|
|
12,755 |
Total operating revenues |
|
$ |
407,707 |
|
$ |
66,590 |
|
$ |
474,297 |
|
$ |
438,971 |
|
$ |
83,838 |
|
$ |
522,809 |
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