v3.26.1
Leases
9 Months Ended
May 31, 2026
Leases [Abstract]  
Leases Leases
Right-of-use assets and lease liabilities consisted of the following (in thousands):
May 31,
2026
August 31,
2025
Assets:
Operating lease right-of-use assets$13,938 $10,385 
Finance lease right-of-use asset2,859 3,149 
Total right-of-use assets$16,797 $13,534 
Liabilities:
Current operating lease liabilities(1)
$3,460 $2,282 
Long-term operating lease liabilities10,287 8,423 
Total operating lease liabilities$13,747 $10,705 
(1) Current operating lease liabilities are classified in accrued liabilities on the Company’s condensed consolidated balance sheets.
In March 2026, the Company entered into a lease of a distribution center in the U.S. and a lease of office space in Australia. The Company recognized approximately $5.0 million in the third quarter of fiscal year 2026 related to the rights and obligations it created.
Leases Leases
Right-of-use assets and lease liabilities consisted of the following (in thousands):
May 31,
2026
August 31,
2025
Assets:
Operating lease right-of-use assets$13,938 $10,385 
Finance lease right-of-use asset2,859 3,149 
Total right-of-use assets$16,797 $13,534 
Liabilities:
Current operating lease liabilities(1)
$3,460 $2,282 
Long-term operating lease liabilities10,287 8,423 
Total operating lease liabilities$13,747 $10,705 
(1) Current operating lease liabilities are classified in accrued liabilities on the Company’s condensed consolidated balance sheets.
In March 2026, the Company entered into a lease of a distribution center in the U.S. and a lease of office space in Australia. The Company recognized approximately $5.0 million in the third quarter of fiscal year 2026 related to the rights and obligations it created.