v3.26.3
Retirement Plans (Tables)
12 Months Ended
Aug. 31, 2026
Retirement Benefits [Abstract]  
Schedule of Amounts Recognized in Balance Sheet

The funded status of the plan and the net amount recognized in the accompanying balance sheets as of August 31 is as follows:

 

 

 

August 31,

 

($ in thousands)

 

2026

 

 

2025

 

Change in benefit obligation:

 

 

 

 

 

 

Benefit obligation at beginning of year

 

$

3,892

 

 

$

4,697

 

Interest cost

 

 

198

 

 

 

226

 

Actuarial loss (gain)

 

 

11

 

 

 

(557

)

Benefits paid

 

 

(469

)

 

 

(474

)

Benefit obligation at end of year

 

$

3,632

 

 

$

3,892

 

Schedule of Amounts Recognized in Statement of Financial Position

Amounts recorded in the consolidated balance sheets for the pension benefit obligation consist of:

 

 

 

August 31,

 

($ in thousands)

 

2026

 

 

2025

 

Other current liabilities

 

$

469

 

 

$

474

 

Other non-current liabilities

 

 

3,163

 

 

 

3,418

 

Net amount recognized

 

$

3,632

 

 

$

3,892

 

Schedule of Before-tax Amounts Recognized in Accumulated other Comprehensive Loss

The before-tax amounts recognized in accumulated other comprehensive loss consists of:

 

 

 

August 31,

 

($ in thousands)

 

2026

 

 

2025

 

Net actuarial loss

 

$

(1,610

)

 

$

(1,732

)

 

Schedules of Net Periodic Benefit Costs The components of the net periodic benefit cost for the supplemental retirement plan recorded within other income (expense) on the consolidated statement of earnings are as follows:

 

 

 

For the years ended August 31,

 

($ in thousands)

 

2026

 

 

2025

 

 

2024

 

Interest cost

 

$

198

 

 

$

226

 

 

$

232

 

Net amortization and deferral

 

 

133

 

 

 

193

 

 

 

191

 

Total

 

$

331

 

 

$

419

 

 

$

423

 

Schedule of Expected Benefit Payments The following net benefit payments are expected to be paid:

 

Fiscal years

 

$ in thousands

 

 2027

 

$

451

 

 2028

 

 

437

 

 2029

 

 

421

 

 2030

 

 

403

 

 2031

 

 

384

 

Thereafter

 

 

1,536

 

 

 

$

3,632