Schedule of Significant Components of Income Tax Provision

Significant components of the income tax provision are as follows:


	For the years ended August 31,
($ in thousands)	2026			2025			2024
Current:
Federal	$	(1,821	)	$	8,897		$	9,743
State		1,117			2,338			2,331
Foreign		9,462			10,729			4,614
Total current		8,758			21,964			16,688
Deferred:
Federal		8,673			(1,970	)		(2,310	)
State		418			(276	)		(370	)
Foreign		1,813			813			(1,215	)
Total deferred		10,904			(1,433	)		(3,895	)
Total income tax provision	$	19,662		$	20,531		$	12,793

Schedule of Effective Income Tax Rate Reconciliation

Total income tax provision resulted in effective tax rates differing from that of the statutory United States federal income tax rates. For the fiscal year ended August 31, 2026, the reasons for these differences are as follows:


	For the year ended August 31, 2026
($ in thousands)	Amount			%
U.S. statutory rate	$	15,816			21.0
State and local income tax, net of federal (national) income tax effect (a)		1,300			1.7
Foreign tax effects
Brazil
Interest on net equity deduction		(1,754	)		(2.3	)
Foreign jurisdictional tax rate differences		1,313			1.7
Dividend withholding tax		908			1.2
Other		99			0.1
China
Dividend withholding tax		988			1.3
Other		203			0.3
Türkiye
Free trade zone exception		(3,109	)		(4.0	)
Dividend withholding tax		2,201			2.9
Other		794			1.1
Other foreign jurisdictions		862			1.1
Effect of changes in tax laws or rates enacted in the current period	—			—
Effect of cross-border tax laws		713			0.9
Tax credits
Clean energy credits		(961	)		(1.3	)
Other		(751	)		(1.0	)
Changes in valuation allowances	—			—
Nontaxable or nondeductible items		514			0.7
Changes in unrecognized tax benefits	—			—
Other		526			0.7
Effective tax rate	$	19,662			26.1

(a) State taxes in Nebraska, Kansas, Idaho, and Illinois made up the majority (greater than 50 percent) of the tax effect in this category.

Total income tax provision resulted in effective tax rates differing from that of the statutory United States federal income tax rates. For the fiscal years ended August 31, 2025 and August 31, 2024, the reasons for these differences are as follows:


	For the years ended August 31,
	2025						2024
($ in thousands)	Amount			%			Amount			%
U.S. statutory rate	$	19,863			21.0		$	16,601			21.0
State and local taxes, net of federal tax benefit		1,571			1.7			1,471			1.9
Foreign tax rate differences		(332	)		(0.4	)		1,658			2.1
NOLs		(242	)		(0.3	)		(1,349	)		(1.7	)
Federal credits		(1,691	)		(1.8	)		(1,256	)		(1.6	)
Uncertain tax benefits		(385	)		(0.4	)		(221	)		(0.3	)
International credits	—			—				(4,386	)		(5.5	)
Other		1,747			1.9			275			0.3
Effective rate	$	20,531			21.7		$	12,793			16.2