Enerpac Tool (EPAC) 10-Q20 Dec 242025 Q1 Quarterly reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information - $ / shares	3 Months Ended
Document and Entity Information - $ / shares	Nov. 30, 2024	Dec. 16, 2024	Aug. 31, 2024
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Nov. 30, 2024
Document Transition Report	false
Entity File Number	1-11288
Entity Registrant Name	ENERPAC TOOL GROUP CORP.
Entity Incorporation, State or Country Code	WI
Entity Tax Identification Number	39-0168610
Entity Address, Address Line One	N86 W12500 WESTBROOK CROSSING
Entity Address, City or Town	MENOMONEE FALLS
Entity Address, State or Province	WI
Entity Address, Postal Zip Code	53051
City Area Code	262
Local Phone Number	293-1500
Title of 12(b) Security	Class A common stock, $0.20 par value per share
Trading Symbol	EPAC
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		54,400,216
Amendment Flag	false
Document Fiscal Year Focus	2025
Document Fiscal Period Focus	Q1
Entity Central Index Key	0000006955
Current Fiscal Year End Date	--08-31
Common Class A
Document Information [Line Items]
Common Stock, Par or Stated Value Per Share	$ 0.20		$ 0.20
Common Stock, Shares Authorized	168,000,000		168,000,000
Common Stock, Shares, Issued	54,400,217		54,234,660

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Nov. 30, 2024	Nov. 30, 2023
Income Statement [Abstract]
Net Sales	$ 145,196	$ 141,970
Cost of products sold	70,544	67,720
Gross profit	74,652	74,250
Selling, General and Administrative Expense	42,318	42,216
Amortization of intangible assets	1,202	824
Restructuring Charges	0	2,401
Impairment & divestiture (benefits) charges	0	147
Operating profit	31,132	28,662
Financing costs, net	2,770	3,697
Other expense, net	487	991
Income tax (benefit) expense	6,152	5,669
Net Earnings from Continuing Operations	21,723	18,305
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent	0	(567)
Net (loss) earnings	$ 21,723	$ 17,738
Earnings (loss) per share
(Loss) Earnings per share from Continuing Operations, Per Basic Share	$ 0.40	$ 0.34
(Loss) Earnings per share from Continuing Operations, Per Diluted Share	0.40	0.33
(Loss) Earnings per share from Discontinued Operations, Per Basic Shares	0	(0.01)
(Loss) Earnings per share from Discontinued Operations, Per Diluted Share	0	(0.01)
(Loss) Earnings Per Share, Basic	0.40	0.33
(Loss) Earnings Per Share, Diluted	$ 0.40	$ 0.32
Weighted average common shares outstanding
Weighted average common shares outstanding - basic	54,242	54,527
Weighted Average Common Shares outstanding - diluted	54,812	55,008
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total	$ 27,875	$ 23,974

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	3 Months Ended
	Nov. 30, 2024	Nov. 30, 2023
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax, Parent	$ 72	$ (689)
Other comprehensive (loss) income, net of tax
Foreign currency translation adjustments	(10,046)	903
Pension and other postretirement benefit plans	298	156
Other Comprehensive (Loss) Income, Net of Tax	(9,676)	370
Net (loss) earnings	21,723	17,738
Comprehensive (loss) income	$ 12,047	$ 18,108

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Nov. 30, 2024	Aug. 31, 2024
Current assets
Cash and cash equivalents	$ 130,733	$ 167,094
Accounts receivable, net	100,654	104,335
Inventories, net	81,198	72,887
Other current assets	37,185	27,942
Total current assets	349,770	372,258
Property, plant and equipment, net	45,821	40,285
Goodwill	287,502	269,597
Other intangible assets, net	34,482	36,058
Other long-term assets	57,776	59,130
Total assets	775,351	777,328
Current liabilities
Current maturities of long-term debt	46,931	43,368
Trade accounts payable	18,447	25,856
Long-term Debt, Current Maturities	5,000	5,000
Income taxes payable	5,729	5,321
Other current liabilities	43,835	49,848
Total current liabilities	119,942	129,393
Long-term debt, net	188,294	189,503
Deferred Income Taxes	6,111	3,696
Pension and postretirement benefit liabilities	9,067	10,073
Other long-term liabilities	53,928	52,684
Total liabilities	377,342	385,349
Shareholders’ equity
Class A common stock, $0.20 par value per share, authorized 168,000,000 shares, issued 54,400,217 and 54,234,660 shares, respectively	10,880	10,847
Additional paid-in capital	233,964	235,660
Retained earnings	279,239	261,870
Accumulated other comprehensive loss	(126,074)	(116,398)
Stock held in trust	(3,774)	(3,777)
Deferred compensation liability	3,774	3,777
Total shareholders' equity	398,009	391,979
Total liabilities and shareholders’ equity	$ 775,351	$ 777,328

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - Common Class A - shares	Nov. 30, 2024	Aug. 31, 2024
Common Stock, Shares Authorized	168,000,000	168,000,000
Common Stock, Shares, Issued	54,400,217	54,234,660

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Nov. 30, 2024	Nov. 30, 2023	Aug. 31, 2024	Aug. 31, 2023
Operating Activities
Net (loss) earnings	$ 21,723	$ 17,738
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent	0	(567)
Net Earnings from Continuing Operations	21,723	18,305
Impairment & divestiture (benefits) charges	0	147
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization	3,514	3,426
Stock-based compensation expense	3,345	2,717
Provision (benefit) for deferred income taxes	2,684	(24)
Amortization of debt issuance costs	147	146
Other Noncash Income (Expense)	46	1,527
Changes in components of working capital and other, excluding acquisitions and divestitures:
Accounts receivable	5,479	2,517
Inventories	(9,306)	(4,590)
Trade accounts payable	790	(4,984)
Prepaid expenses and other assets	(9,777)	(9,089)
Income tax accounts	422	1,051
Accrued compensation and benefits	(7,470)	(11,154)
Other accrued liabilities	(2,948)	(3,912)
Cash provided by (used in) operating activities, Continuing Operations	8,649	(3,917)
Cash (used in) provided by operating activities, Discontinued Operations	0	(2,758)
Cash (Used in) Provided By Operating Activities	8,649	(6,675)
Investing Activities
Capital expenditures	(5,857)	(1,567)
Payments to Acquire Businesses, Net of Cash Acquired	27,196	0
Cash used in investing activities, Continuing Operations	(33,053)	(2,594)
Cash Provided by Investing Activities	(33,053)	(2,594)
Financing Activities
Borrowings on Revolving Credit	14,421	39,000
Principal Repayment on Revolving Credit Facility	(14,421)	(8,000)
Principal repayments on term loan	(1,250)	(625)
Taxes paid related to the net share settlement of equity awards	(6,406)	(2,081)
Stock option exercises & other	1,419	2,317
Cash dividend	(2,167)	(2,178)
Net Cash Used in Financing Activities, Continuing Operations	(12,783)	2,317
Cash used in financing activities	(12,783)	2,317
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	(36,361)	(6,459)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Continuing Operations	826	493
Payments for Repurchase of Common Stock	(4,379)	(26,116)
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents	130,733	147,956	$ 167,094	$ 154,415
Purchase of assets	$ 0	$ (1,027)

Basis of Presentation Schedule

Basis of Presentation Schedule of Accumulated Other Comprehensive Income (Loss)	3 Months Ended
	Nov. 30, 2024
Schedule of Accumulated Other Comprehensive Income (Loss) [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	Accumulated Other Comprehensive Loss The following is a summary of the components included within the Company's accumulated other comprehensive loss (in thousands): November 30, 2024 August 31, 2024 Foreign currency translation adjustments $ 109,261 $ 99,215 Pension and other postretirement benefit plans 16,889 17,187 Cash flow hedges (76) (4) Accumulated other comprehensive loss $ 126,074 $ 116,398
Schedule of Product Warranty Liability	The following is a roll-forward of the changes in product warranty reserves for the three months ended November 30, 2024 and 2023 (in thousands): Three Months Ended November 30, 2024 2023 Beginning balance $ 534 $ 856 Provision for warranties 187 45 Warranty payments and costs incurred (216) (164) Impact of changes in foreign currency rates (12) 2 Ending balance $ 493 $ 739

Earnings per Share and Sharehol

Earnings per Share and Shareholders' Equity Shareholders Equity - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Stock held in trust [member] [Member]	Deferred Compensation, Share-based Payments [Member]	Treasury Stock, Common
Stock Issued During Period, Shares, New Issues		83,761
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	$ 326,620	$ 16,752	$ 220,472	$ 1,011,112	$ (121,210)	$ (3,484)	$ 3,484	$ (800,506)
Net (loss) earnings	17,738			17,738
Other Comprehensive (Loss) Income, Net of Tax	370				370
Stock Issued During Period, Shares, Employee Benefit Plan		2
Stock Issued During Period, Value, Employee Benefit Plan	51	$ 0	51
Stock Issued During Period, Shares, Restricted Stock Award, Gross		118
Stock Issued During Period, Value, Restricted Stock Award, Gross	0	$ (23)	(23)
APIC, Share-based Payment Arrangement, Increase for Cost Recognition	2,717		2,717
Stock Issued To Acquired For And Distributed From Rabbi Trust		3
Stock Value Issued to Acquired For and Distributed From Rabbi Trust	(90)	$ (1)	(89)			(92)	(92)
Adjustments to Additional Paid in Capital, Other	(2,025)		(2,025)
Shares Issued, Shares, Share-based Payment Arrangement, after Forfeiture		83
Stock Issued During Period, Value, Stock Options Exercised	2,210	$ 17	2,193
Treasury Stock, Value, Acquired, Cost Method	(26,116)							26,116
Dividends, Cash	21			21
Stock Issued During Period, Shares, New Issues		83,967
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	321,676	$ 16,793	223,474	1,028,871	(120,840)	(3,576)	3,576	(826,622)
Stock Issued During Period, Shares, New Issues		54,235
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	391,979	$ 10,847	235,660	261,870	(116,398)	(3,777)	3,777	0
Adoption of Accounting Standards	$ 261,870
Stockholders' Equity Note Disclosure [Text Block]	The following table illustrates the changes in the balances of each component of shareholders' equity for the three months ended November 30, 2024 (in thousands): Common Stock Additional Treasury Retained Accumulated Stock Deferred Total Issued Amount Balance at August 31, 2024 54,235 $ 10,847 $ 235,660 $ — $ 261,870 $ (116,398) $ (3,777) $ 3,777 $ 391,979 Net earnings — — — — 21,723 — — — 21,723 Other comprehensive income, net of tax — — — — — (9,676) — — (9,676) Stock contribution to employee benefit plans and other 2 — 91 — — — — — 91 Vesting of equity awards 186 37 (37) — — — — — — Cash dividend ($0.04 per share) — — — — 3 — — — 3 Stock based compensation expense — — 3,345 — — — — — 3,345 Stock option exercises 87 18 1,310 — — — — — 1,328 Tax effect related to net share settlement of equity awards — — (6,405) — — — — — (6,405) Stock issued to, acquired for and distributed from rabbi trust — — — — — — 3 (3) — Treasury stock repurchased and retired (110) (22) — — (4,357) — — — (4,379) Balance at November 30, 2024 54,400 $ 10,880 $ 233,964 $ — $ 279,239 $ (126,074) $ (3,774) $ 3,774 $ 398,009 The following table illustrates the changes in the balances of each component of shareholders' equity for the three months ended November 30, 2023 (in thousands): Common Stock Additional Treasury Retained Accumulated Stock Deferred Total Issued Amount Balance at August 31, 2023 83,761 $ 16,752 $ 220,472 $ (800,506) $ 1,011,112 $ (121,210) $ (3,484) $ 3,484 $ 326,620 Net earnings — — — — 17,738 — — — 17,738 Other comprehensive income, net of tax — — — — — 370 — — 370 Stock contribution to employee benefit plans and other 2 — 51 — — — — — 51 Vesting of equity awards 118 23 (23) — — — — — — Cash dividend ($0.04 per share) — — — — 21 — — — 21 Treasury stock repurchases — — — (26,116) — — — — (26,116) Stock based compensation expense — — 2,717 — — — — — 2,717 Stock option exercises 83 17 2,193 — — — — — 2,210 Tax effect related to net share settlement of equity awards — — (2,025) — — — — — (2,025) Stock issued to, acquired for and distributed from rabbi trust 3 1 89 — — — (92) 92 90 Balance at November 30, 2023 83,967 $ 16,793 $ 223,474 $ (826,622) $ 1,028,871 $ (120,840) $ (3,576) $ 3,576 $ 321,676
Net (loss) earnings	$ 21,723			21,723
Other Comprehensive (Loss) Income, Net of Tax	(9,676)				(9,676)
Stock Issued During Period, Shares, Employee Benefit Plan		2
Stock Issued During Period, Value, Employee Benefit Plan	91	$ 0	91
Stock Issued During Period, Shares, Restricted Stock Award, Gross		186
Stock Issued During Period, Value, Restricted Stock Award, Gross	0	$ (37)	(37)
APIC, Share-based Payment Arrangement, Increase for Cost Recognition	3,345		3,345
Stock Issued To Acquired For And Distributed From Rabbi Trust		0
Stock Value Issued to Acquired For and Distributed From Rabbi Trust	0	$ 0	0			3	3
Adjustments to Additional Paid in Capital, Other	(6,405)		(6,405)
Shares Issued, Shares, Share-based Payment Arrangement, after Forfeiture		87
Stock Issued During Period, Value, Stock Options Exercised	1,328	$ 18	1,310
Treasury Stock, Retired, Cost Method, Amount	(4,379)			4,357
Treasury Stock, Retired, Par Value Method, Amount				(22)
Treasury Stock, Shares, Retired		(110)
Dividends, Cash	3			3
Stock Issued During Period, Shares, New Issues		54,400
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	398,009	$ 10,880	$ 233,964	$ 279,239	$ (126,074)	$ (3,774)	$ 3,774	$ 0
Adoption of Accounting Standards	$ 279,239

Basis of Presentation

Basis of Presentation	3 Months Ended
Basis of Presentation	Nov. 30, 2024
Accounting Policies [Abstract]
Basis of Presentation	Note 1. Basis of Presentation General Enerpac Tool Group Corp. (the "Company") is a premier industrial tools, services, technology and solutions company serving a broad and diverse set of customers in more than 100 countries. The Company has one reportable segment, Industrial Tools & Services ("IT&S"), and an Other operating segment, which does not meet the criteria to be considered a reportable segment. The accompanying unaudited condensed consolidated financial statements of the Company have been prepared in accordance with United States generally accepted accounting principles ("GAAP") for interim financial reporting and with the instructions of Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. The condensed consolidated balance sheet data as of August 31, 2024 was derived from the Company’s audited financial statements but does not include all disclosures required by GAAP. For additional information, including the Company’s significant accounting policies, refer to the consolidated financial statements and related footnotes in the Company’s fiscal 2024 Annual Report on Form 10-K. In the opinion of management, all adjustments considered necessary for a fair statement of financial results have been made. Such adjustments consist of only those of a normal recurring nature. Operating results for the three months ended November 30, 2024 are not necessarily indicative of the results that may be expected for the entire fiscal year ending August 31, 2025. Accumulated Other Comprehensive Loss The following is a summary of the components included within the Company's accumulated other comprehensive loss (in thousands): November 30, 2024 August 31, 2024 Foreign currency translation adjustments $ 109,261 $ 99,215 Pension and other postretirement benefit plans 16,889 17,187 Cash flow hedges (76) (4) Accumulated other comprehensive loss $ 126,074 $ 116,398 Property Plant and Equipment The following is a summary of the components included within the Company's property, plant and equipment (in thousands): November 30, 2024 August 31, 2024 Land, buildings and improvements $ 17,447 $ 14,670 Machinery and equipment 148,562 145,604 Gross property, plant and equipment 166,009 160,274 Less: Accumulated depreciation (120,188) (119,989) Property, plant and equipment, net $ 45,821 $ 40,285
Product Warranty Costs	Product Warranty Costs The Company generally offers its customers an assurance warranty on products sold, although warranty periods may vary by product type and application. The reserve for future warranty claims, which is recorded within the "Other current liabilities" line in the Condensed Consolidated Balance Sheets, is based on historical claim rates and current warranty cost experience. The following is a roll-forward of the changes in product warranty reserves for the three months ended November 30, 2024 and 2023 (in thousands): Three Months Ended November 30, 2024 2023 Beginning balance $ 534 $ 856 Provision for warranties 187 45 Warranty payments and costs incurred (216) (164) Impact of changes in foreign currency rates (12) 2 Ending balance $ 493 $ 739

Revenue Recognition Revenue fro

Revenue Recognition Revenue from Contract Customers (Notes)	3 Months Ended
Revenue Recognition Revenue from Contract Customers (Notes)	Nov. 30, 2024
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer [Text Block]	Note 2. Revenue from Contracts with Customers Nature of Goods and Services The Company generates its revenue under two principal activities, which are discussed below: Product Sales: Sales of tools, heavy-lifting solutions, and biomedical textiles are recorded when control is transferred to the customer (i.e., performance obligation has been satisfied). For the majority of the Company’s product sales, revenue is recognized at a point in time when control of the product is transferred to the customer, which generally occurs when the product is shipped from the Company to the customer. For certain other products that are highly customized and have a limited alternative use, and for which the Company has an enforceable right of reimbursement for performance completed to date, revenue is recognized over time. We consider the input measure (efforts-expended or cost-to-cost) or output measure as a fair measure of progress for the recognition of over-time revenue associated with these custom products. For a majority of the Company’s custom products, machine hours and labor hours (efforts-expended measurement) are used as a measure of progress. Service & Rental Sales : Service contracts consist of providing highly trained technicians to perform bolting, technical services, machining and joint-integrity work for our customers. These revenues are recognized over time as our customers simultaneously receive and consume the benefits provided by the Company. We consider the input measure (efforts-expended or cost-to-cost) or output measure as a fair measure of progress for the recognition of over-time revenue associated with service contracts. For a majority of the Company’s service contracts, labor hours (efforts-expended measurement) is used as the measure of progress when it is determined to be a better depiction of the transfer of control to the customer due to the timing and pattern of labor hours incurred. Revenue from rental contracts (less than a year and non-customized products) is generally recognized ratably over the contract term, depicting the customer’s consumption of the benefit related to the rental equipment. Disaggregated Revenue and Performance Obligations The Company disaggregates revenue from contracts with customers by reportable segment and product line and by the timing of when goods and services are transferred. See Note 12, "Segment Information" for information regarding our revenue disaggregation by reportable segment and product line. The following table presents information regarding revenues disaggregated by the timing of when goods and services are transferred (in thousands): Three Months Ended November 30, 2024 2023 Revenues recognized at point in time $ 109,296 $ 106,142 Revenues recognized over time 35,900 35,828 Total $ 145,196 $ 141,970 Contract Balances The Company's contract assets and liabilities are as follows (in thousands): November 30, 2024 August 31, 2024 Receivables, which are included in accounts receivable, net $ 100,654 $ 104,335 Contract assets, which are included in other current assets 6,768 4,531 Contract liabilities, which are included in other current liabilities 2,690 2,329 Receivables: The Company performs its obligations under a contract with a customer by transferring goods or services in exchange for consideration from the customer. The Company typically invoices its customers as soon as control of an asset is transferred and a receivable for the Company is established. Accounts receivable, net is recorded at face amount of customer receivables less an allowance for doubtful accounts. The Company maintains an allowance for doubtful accounts for expected losses as a result of customers’ inability to make required payments. Management evaluates the aging of customer receivable balances, the financial condition of its customers, historical trends and the time outstanding of specific balances to estimate the amount of receivables that may be collected in the future and records the appropriate provision. The allowance for doubtful accounts was $16.4 million and $15.9 million at November 30, 2024 and August 31, 2024, respectively. As indicated in the "Concentration of Credit Risk" section below, as of November 30, 2024 and 2023, the Company was exposed to a concentration of credit risk with an agent as a result of its continued payment delinquency. As of November 30, 2024 and 2023, the Company had a total bad debt reserve of $13.2 million related to this agent. The allowance for doubtful accounts for this particular agent as of November 30, 2024 represents management's best estimate of the amount probable of collection and considers various factors with the respect to this matter, including, but not limited to: (i) the lack of payment by the agent since the fiscal quarter ended February 28, 2021; (ii) our due diligence on balances due to the agent from its end customers related to sales of our services and products and the known markup on those sales from the agent to end customer; (iii) the status of ongoing negotiations with the agent to secure payments; (iv) legal recourse available to secure payment; and (v) the agent is currently in bankruptcy proceedings. Actual collections from the agent may differ from the Company's estimate. Concentration of Credit Risk: The Company sells products and services through distributors and agents. In certain jurisdictions, those third parties represent a significant portion of our sales in their respective country, which can pose a concentration of credit risk if these larger distributors or agents are not timely in their payments. As of November 30, 2024, the Company was exposed to a co ncentration of credit risk as a result of the payment delinquency of one of our agents whose accounts receivable represent 11.1% of the Company's outstanding accounts receivable. As of November 30, 2024, the Company has fully reserved for the amounts due from this agent. Contract Assets: Contract assets relate to the Company’s rights to consideration for work completed but not billed as of the reporting date on contracts with customers. The contract assets are transferred to receivables when the rights become unconditional. The Company has contract assets on contracts that are generally long-term and have revenues that are recognized over time. Contract Liabilities: As of November 30, 2024, the Company had certain contracts where there were unsatisfied performance obligations and the Company had received cash consideration from customers before the performance obligations were satisfied . The majority of these contracts relate to long-term customer contracts (project durations of greater than three months) and are recognized over time. The Company estimates that substantially all of the $2.7 million of contract liabilities will be recognized in net sales from satisfying those performance obligations within the next twelve months. Timing of Performance Obligations Satisfied at a Point in Time: The Company evaluates when the customer obtains control of the product based on shipping terms, as control will transfer, depending upon such terms, at different points between the Company's manufacturing facility or warehouse and the customer’s location. The Company considers control to have transferred upon shipment or delivery because (i) the Company has a present right to payment at that time; (ii) the legal title has been transferred to the customer; (iii) the Company has transferred physical possession of the product to the customer; and (iv) the customer has significant risks and rewards of ownership of the product. Variable Consideration: The Company estimates whether it will be subject to variable consideration under the terms of the contract and includes its estimate of variable consideration in the transaction price based on the expected value method when it is deemed probable of being realized based on historical experience and trends. Types of variable consideration may include rebates, incentives and discounts, among others, which are recorded as a reduction to net sales at the time when control of a performance obligation is transferred to the customer. Practical Expedients & Exemptions: The Company elected to expense the incremental cost to obtaining a contract when the amortization period for such contracts would be one year or less. The Company does not disclose the value of unperformed obligations for (i) contracts with an original expected length of one year or less and (ii) contracts for which it recognizes revenue at the amount to which it has the right to invoice for services performed.

Restructuring Charges (Notes)

Restructuring Charges (Notes)	3 Months Ended
Restructuring Charges (Notes)	Nov. 30, 2024
Restructuring and Related Activities [Abstract]
Restructuring and Related Activities Disclosure [Text Block]	Note 4. Restructuring Charges The Company has undertaken or committed to various restructuring initiatives, including workforce reductions, leadership changes, plant consolidations to reduce manufacturing overhead, satellite office closures, the continued movement of production and product sourcing to low-cost alternatives, and the centralization and standardization of certain administrative functions. Liabilities for severance are generally to be paid within twelve months, while future lease payments related to facilities vacated as a result of restructuring are to be paid over the underlying remaining lease terms. On June 27, 2022, the Company approved a restructuring plan in connection with the initiatives identified as part of the ASCEND transformation program (see Note 3, “ASCEND Transformation Program” ) to drive greater efficiency and productivity in global selling, general and administrative resources. The total costs of this plan were then estimated at $6 to $10 million, constituting predominately severance and other employee-related costs to be incurred as cash expenditures and impacting both IT&S and Corporate. In September 2022, the Company approved an update to the restructuring plan to a range of $10 to $15 million; these costs were still incorporated into the initial investment value and the range did not change at that time. The Company recorded $2.4 million of restructuring charges associated with the ASCEND transformation program in the three months ended November 30, 2023. No restructuring charges associated with the ASCEND transformation program were recorded in the three months ended November 30, 2024 as the ASCEND program ended at August 31, 2024 . The following summarizes restructuring reserve activity (which for the three months ended November 30, 2023 excludes $0.2 million of charges associated with the accelerated vesting of equity awards within the ASCEND transformation plan, which has no impact on the restructuring reserve) for the IT&S segment and Corporate (in thousands): Three Months Ended November 30, 2024 IT&S Corporate Balance as of August 31, 2024 $ 3,527 $ 197 Cash payments (810) (9) Impact of changes in foreign currency rates (36) — Balance as of November 30, 2024 $ 2,681 $ 188 Three Months Ended November 30, 2023 IT&S Corporate Balance as of August 31, 2023 $ 2,238 $ 74 Restructuring charges 2,062 174 Cash payments (1,312) (75) Balance as of November 30, 2023 $ 2,988 $ 173 Total restructuring charges (inclusive of the Other operating segment) were $2.4 million in the three months ended November 30, 2023 , being reported, in "Restructuring charges." There were no restructuring charges in the three months ended November 30, 2024.
ASCEND Transformation Program	Note 3. ASCEND Transformation Program In March 2022, the Company announced the start of its ASCEND transformation program, initially estimating an incremental $40 to $50 million of annual operating profit once fully implemented. ASCEND's key initiatives included accelerating organic growth strategies, improving operational excellence and production efficiency by utilizing a Lean approach, and driving greater efficiency and productivity in selling, general and administrative ("SG&A") expense by better leveraging resources to create a more efficient and agile organization. At that time, the Company anticipated investing $60 to $65 million through the end of fiscal 2024 to complete these actions. In June 2022, the Company approved a restructuring plan in connection with the initiatives identified as part of the ASCEND transformation program to drive greater efficiency and productivity in global SG&A resources. The total costs of this plan were then estimated at $6 to $10 million, constituting predominately severance and other employee-related costs to be incurred as cash expenditures and impacting both IT&S and Corporate (see Note 4, "Restructuring Charges," ). These costs were incorporated into the initial investment of $60 to $65 million. In September 2022, the Company approved an update to the restructuring plan to a cost range of $10 to $15 million; these costs were still incorporated into the initial investment value and the range did not change at that time. In March 2023, the investment range increased from the initial $60 to $65 million, to $70 to $75 million inclusive of the $10 to $15 million of the previously announced restructuring over the life of the program. Total program expenses were approximately $3.6 million in the three months ended November 30, 2023 , with no expenses in the three months ended November 30, 2024, as the ASCEND program ended at August 31, 2024 . Of the total ASCEND program expenses for the three months ended November 30, 2023 , $1.1 million were recorded within SG&A expenses and approximately $0.1 million were recorded within cost of goods sold . Additionally, for the three months ended November 30, 2023, $2.4 million of ASCEND expenses were recorded within restructuring expenses (see Note 4, “ Restructuring Charges ”

Restructuring and Related Activ

Restructuring and Related Activities	3 Months Ended
Restructuring and Related Activities	Nov. 30, 2024
Restructuring and Related Activities [Abstract]
ASCEND Transformation Program	Note 3. ASCEND Transformation Program In March 2022, the Company announced the start of its ASCEND transformation program, initially estimating an incremental $40 to $50 million of annual operating profit once fully implemented. ASCEND's key initiatives included accelerating organic growth strategies, improving operational excellence and production efficiency by utilizing a Lean approach, and driving greater efficiency and productivity in selling, general and administrative ("SG&A") expense by better leveraging resources to create a more efficient and agile organization. At that time, the Company anticipated investing $60 to $65 million through the end of fiscal 2024 to complete these actions. In June 2022, the Company approved a restructuring plan in connection with the initiatives identified as part of the ASCEND transformation program to drive greater efficiency and productivity in global SG&A resources. The total costs of this plan were then estimated at $6 to $10 million, constituting predominately severance and other employee-related costs to be incurred as cash expenditures and impacting both IT&S and Corporate (see Note 4, "Restructuring Charges," ). These costs were incorporated into the initial investment of $60 to $65 million. In September 2022, the Company approved an update to the restructuring plan to a cost range of $10 to $15 million; these costs were still incorporated into the initial investment value and the range did not change at that time. In March 2023, the investment range increased from the initial $60 to $65 million, to $70 to $75 million inclusive of the $10 to $15 million of the previously announced restructuring over the life of the program. Total program expenses were approximately $3.6 million in the three months ended November 30, 2023 , with no expenses in the three months ended November 30, 2024, as the ASCEND program ended at August 31, 2024 . Of the total ASCEND program expenses for the three months ended November 30, 2023 , $1.1 million were recorded within SG&A expenses and approximately $0.1 million were recorded within cost of goods sold . Additionally, for the three months ended November 30, 2023, $2.4 million of ASCEND expenses were recorded within restructuring expenses (see Note 4, “ Restructuring Charges ”

Business Combinations, Asset Ac

Business Combinations, Asset Acquisitions, and Joint Venture Formation	3 Months Ended
	Nov. 30, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]
Business Combination Disclosure	Note 5. Acquisitions On September 4, 2024, the Company acquired 100% of the stock of DTA The Smart Move, S.A. ("DTA"), a global leader in the industrial heavy loads transportation industry, designing and manufacturing mobile robotic solutions. The acquisition provides a complement to Enerpac's Heavy Lifting Technology product line and combines the Company's existing focus on vertical lift with DTA's specialization in horizontal movement enabling the Company to provide more comprehensive solutions for customers. The Company acquired all of the assets and assumed certain liabilities of DTA for an initial purchase price of $27.2 million plus potential earn-out to be paid at the end of the third year following the acquisition that is tied to the achievement of certain financial objectives with a maximum total purchase price of €36.0 million. The acquisition was funded with both cash on hand and borrowings from our existing credit facility . Due to the timing of the business combination and the nature of the net assets acquired, at November 30, 2024, the valuation process to determine the fair value is not complete and further adjustments are expected. The Company has estimated the preliminary fair value of net assets acquired based on information currently available and will continue to adjust those estimates as additional information becomes available. A t November 30, 2024 the company recognized $22.0 million of goodwill and $3.0 million of property, plant and equipment as part of this acquisition. A fair value estimate has not yet been recorded for the earn-out or for identifiable intangible assets, as sufficient information is not yet available to make reliable estimates. The entire difference between the initial purchase price and the estimate of the fair value of tangible net assets is currently recorded in goodwill. As the Company finalizes the fair value of assets acquired and liabilities assumed, additiona l purchase price allocation adjustments will be recorded during the measurement period, but not to exceed 12 months following acquisition date. Adjustments in purchase price allocations may require a change in the amounts allocated to net assets acquired during the periods in which the adjustments are determined. This acquisition generated net sales of $3.2 million for the three months ended November 30, 2024

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	3 Months Ended
Goodwill and Other Intangible Assets	Nov. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	Note 6. Goodwill, Intangible Assets and Long-Lived Assets Changes in the gross carrying value of goodwill and intangible assets result from changes in foreign currency exchange rates, business acquisitions, divestitures and impairment charges. The changes in the carrying amount of goodwill for the three months ended November 30, 2024 are as follows (in thousands): IT&S Other Total Balance as of August 31, 2024 $ 258,388 $ 11,209 $ 269,597 DTA Acquisition 23,105 — 23,105 Impact of changes in foreign currency rates (5,200) — (5,200) Balance as of November 30, 2024 $ 276,293 $ 11,209 $ 287,502 The gross carrying value and accumulated amortization of the Company’s intangible assets are as follows (in thousands): November 30, 2024 August 31, 2024 Weighted Average Gross Accumulated Net Gross Accumulated Net Amortizable intangible assets: Customer Relationships 14 $ 107,972 $ 99,030 $ 8,942 $ 109,582 $ 99,530 $ 10,052 Patents 13 9,789 9,310 479 9,916 9,408 508 Trademarks and tradenames 3 2,734 2,298 436 2,764 2,308 456 Indefinite lived intangible assets: Tradenames N/A 24,625 — 24,625 25,042 — 25,042 $ 145,120 $ 110,638 $ 34,482 $ 147,304 $ 111,246 $ 36,058

Product Warranty Costs

Product Warranty Costs	3 Months Ended
Product Warranty Costs	Nov. 30, 2024
Guarantees [Abstract]
Product Warranty Costs	Product Warranty Costs The Company generally offers its customers an assurance warranty on products sold, although warranty periods may vary by product type and application. The reserve for future warranty claims, which is recorded within the "Other current liabilities" line in the Condensed Consolidated Balance Sheets, is based on historical claim rates and current warranty cost experience. The following is a roll-forward of the changes in product warranty reserves for the three months ended November 30, 2024 and 2023 (in thousands): Three Months Ended November 30, 2024 2023 Beginning balance $ 534 $ 856 Provision for warranties 187 45 Warranty payments and costs incurred (216) (164) Impact of changes in foreign currency rates (12) 2 Ending balance $ 493 $ 739

Debt

Debt	3 Months Ended
Debt	Nov. 30, 2024
Debt Disclosure [Abstract]
Debt	Note 7. Debt The following is a summary of the Company’s long-term indebtedness (in thousands): November 30, 2024 August 31, 2024 Senior Credit Facility Revolver $ — $ — Term Loan 193,750 195,000 Total Senior Indebtedness 193,750 195,000 Less: Current maturities of long-term debt (5,000) (5,000) Debt issuance costs (456) (497) Total long-term debt, less current maturities $ 188,294 $ 189,503 Senior Credit Facility On September 9, 2022, the Company refinanced its previous senior credit facility with a new $600 million senior credit facility, comprised of a $400 million revolving line of credit and a $200 million term loan, which is scheduled to mature in September 2027. The Company has the option to request up to $300 million of additional revolving commitments and/or term loans under the new facility, subject to customary conditions, including the commitment of the participating lenders. This facility replaces LIBOR with adjusted term SOFR as the interest rate benchmark and provides for interest rate margins above adjusted term SOFR ranging from 1.125% to 1.875% per annum depending on the Company’s net leverage ratio. In addition, a non-use fee is payable quarterly on the average unused amount of the revolving line of credit ranging from 0.15% to 0.3% per annum, based on the Company's net leverage. Borrowings under the credit facility bear interest at adjusted term SOFR plus 1.125% per annum. The facility contains financial covenants requiring the Company to not permit (i) the net leverage ratio, determined as of the end of each of its fiscal quarters, to exceed 3.75 to 1.00 (or, at the Company’s election and subject to certain conditions, 4.25 to 1.00 for the covenants period during which certain material acquisitions occur and the next succeeding four testing periods) or (ii) the interest coverage ratio, determined as of the end of each of its fiscal quarters, to be less than 3.00 to 1.00. Borrowings under the facility are secured by substantially all personal property assets of the Company and its domestic subsidiary guarantors (other than certain specified excluded assets) and certain of the equity interests of certain subsidiaries of the Company. The Company was in compliance with all covenants under the credit facility at November 30, 2024. At November 30, 2024, there were $193.8 million in borrowings outstanding under the term loans, no borrowings outstanding under the revolving line of credit and $398.5 million available for borrowing under the revolving line of credit facility after reduction for $1.5 million of outstanding letters of credit issued under the facility.

Fair Value Measurement

Fair Value Measurement	3 Months Ended
Fair Value Measurement	Nov. 30, 2024
Fair Value Disclosures [Abstract]
Fair Value Measurement	Note 8. Fair Value Measurements The Company assesses the inputs used to measure the fair value of financial assets and liabilities using a three-tier hierarchy. Level 1 inputs include unadjusted quoted prices for identical instruments and are the most observable. Level 2 inputs include quoted prices for similar assets and observable inputs such as interest rates, foreign currency exchange rates, commodity rates and yield curves. Level 3 inputs are not observable in the market and include management’s own judgments about the assumptions market participants would use in pricing an asset or liability. The fair value of the Company’s cash and cash equivalents, accounts receivable, accounts payable and variable rate long-term debt approximated book value at both November 30, 2024 and August 31, 2024 due to their short-term nature and the fact that the interest rates approximated market rates. Foreign currency exchange contracts and interest rate swaps are recorded at fair value. The fair value of the Company's foreign currency exchange contracts was a net asset of less than $0.1 million and a net liability of $0.3 million at November 30, 2024 and August 31, 2024, respectively. The fair value of the Company's interest rate swap and net investment hedge was an asset of $0.1 million at November 30, 2024, respectively, and an asset of less than $0.1 million and a liability of $1.6 million at August 31, 2024, respectively, (see Note 9, “Derivatives”

Derivatives

Derivatives	3 Months Ended
Derivatives	Nov. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives and Fair Value [Text Block]	Note 9. Derivatives All derivatives are recognized in the balance sheet at their estimated fair value. The Company does not enter into derivatives for speculative purposes. Changes in the fair value of derivatives (not designated as hedges) are recorded in earnings along with the gain or loss on the hedged asset or liability. The Company is exposed to market risk for changes in foreign currency exchange rates due to the global nature of its operations. In order to manage this risk, the Company utilizes foreign currency exchange contracts to reduce the exchange rate risk associated with recognized non-functional currency balances. The effects of changes in exchange rates are reflected concurrently in earnings for both the fair value of the foreign currency exchange contracts and the related non-functional currency asset or liability. These derivative gains and losses offset foreign currency gains and losses from the related revaluation of non-functional currency assets and liabilities (amounts included in "Other expense, net" in the Condensed Consolidated Statements of Earnings). The U.S. dollar equivalent notional value of these short duration foreign currency exchange contracts w as $10.6 million and $15.6 million at November 30, 2024 and August 31, 2024, respectively. The fair value of outstanding foreign currency exch ange contracts was a net asset of less than $0.1 million and net liability of $0.3 million at November 30, 2024 and August 31, 2024, respectively. Net foreign currency (gain) loss (included in "Other expense, net" in the Condensed Consolidated Statements of Earnings) related to these derivative instruments are as follows (in thousands): Three Months Ended November 30, 2024 2023 Foreign currency (gain) loss $ (151) $ 292 During December 2022, the Company entered into an interest rate swap, with a maturity date of November 30, 2025, for the notional amount of $60.0 million at a fixed interest rate of 4.022% to hedge the floating interest rate of the Company's term loan. The interest rate swap was designated and qualified as a cash flow hedge. The Company uses the interest rate swap for the management of interest rate risk exposure, as the interest rate swap effectively converts a portion of the Company's debt from a floating rate to a fixed rate. The Company records the fair value of the interest rate swap as an asset or liability on its balance sheet. The change in the fair value of the interest rate swap, a net gain of less than $0.1 million and a net loss of $0.1 million for three months ended November 30, 2024 and 2023, respectively, is recorded in other comprehensive income. The Company also uses interest-rate derivatives to hedge portions of our net investments in non-U.S. subsidiaries (net investment hedge) against the effect of exchange rate fluctuations on the translation of foreign currency balances to the U.S. dollar. For derivatives that are designated and qualify as a net investment hedge in a foreign operation, the net gains or losses attributable to the hedge changes are recorded in other comprehensive income (loss) where they offset gains and losses recorded on our net investments where the entity has non-U.S. dollar functional currency. During December 2022, the Company entered into a cross-currency swap designated as a net investment hedge with a notional amount of $30.5 million. On October 28, 2024, the Company entered into an incremental cross-currency swap designated as a net investment hedge with a notional amount of $14.1 million. The change in the fair value of the net investment hedges, a net gain of $1.3 million and a net loss of less than $0.1 million for the three months ended November 30, 2024 and 2023, respectively,

Capital Stock and Share Repurch

Capital Stock and Share Repurchase	3 Months Ended
Capital Stock and Share Repurchase	Nov. 30, 2024
Earnings Per Share [Abstract]
Capital Stock and Share Repurchase	Note 10. Earnings per Share and Shareholders' Equity The Company's Board of Directors has authorized the repurchase of shares of the Company's common stock under publicly announced share repurchase programs. Since the inception of the initial share repurchase program in fiscal 2012, the Company has repurchased 30,192,041 shares of common stock for $843.2 million. The Company suspended the initial share repurchase program in response to the COVID-19 pandemic in the third quarter of fiscal 2020. In March 2022, the Company's Board of Directors rescinded its prior share repurchase authorization and approved a new share repurchase program authorizing the repurchase of a total of 10,000,000 shares of the Company's outstanding common stock. In December 2023, the Company's Board of Directors authorized the retirement of the Company's repurchased shares, and shares repurchased after December 18, 2023 are retired upon repurchase. The Company repurchased and retired 109,860 shares for $4.4 million in the three months ended November 30, 2024. The maximum number of shares that may yet be purchased under the program is 2,607,189 shares. The reconciliation between basic and diluted earnings per share is as follows (in thousands, except per share amounts): Three Months Ended November 30, 2024 2023 Numerator: Net earnings from continuing operations $ 21,723 $ 18,305 Earnings (loss) from discontinued operations, net of income taxes — (567) Net earnings $ 21,723 $ 17,738 Denominator: Weighted average common shares outstanding - basic 54,242 54,527 Net effect of dilutive securities - stock based compensation plans 570 481 Weighted average common shares outstanding - diluted 54,812 55,008 Earnings per share from continuing operations Basic $ 0.40 $ 0.34 Diluted $ 0.40 $ 0.33 Earnings (loss) per share from discontinued operations Basic $ — $ (0.01) Diluted $ — $ (0.01) Earnings per share:* Basic $ 0.40 $ 0.33 Diluted $ 0.40 $ 0.32 Anti-dilutive securities from stock based compensation plans (excluded from earnings per share calculation) 49 312 *The total of Earnings per share from continuing operations and Loss per share from discontinued operations may not equal Earnings per share due to rounding. The following table illustrates the changes in the balances of each component of shareholders' equity for the three months ended November 30, 2024 (in thousands): Common Stock Additional Treasury Retained Accumulated Stock Deferred Total Issued Amount Balance at August 31, 2024 54,235 $ 10,847 $ 235,660 $ — $ 261,870 $ (116,398) $ (3,777) $ 3,777 $ 391,979 Net earnings — — — — 21,723 — — — 21,723 Other comprehensive income, net of tax — — — — — (9,676) — — (9,676) Stock contribution to employee benefit plans and other 2 — 91 — — — — — 91 Vesting of equity awards 186 37 (37) — — — — — — Cash dividend ($0.04 per share) — — — — 3 — — — 3 Stock based compensation expense — — 3,345 — — — — — 3,345 Stock option exercises 87 18 1,310 — — — — — 1,328 Tax effect related to net share settlement of equity awards — — (6,405) — — — — — (6,405) Stock issued to, acquired for and distributed from rabbi trust — — — — — — 3 (3) — Treasury stock repurchased and retired (110) (22) — — (4,357) — — — (4,379) Balance at November 30, 2024 54,400 $ 10,880 $ 233,964 $ — $ 279,239 $ (126,074) $ (3,774) $ 3,774 $ 398,009 The following table illustrates the changes in the balances of each component of shareholders' equity for the three months ended November 30, 2023 (in thousands): Common Stock Additional Treasury Retained Accumulated Stock Deferred Total Issued Amount Balance at August 31, 2023 83,761 $ 16,752 $ 220,472 $ (800,506) $ 1,011,112 $ (121,210) $ (3,484) $ 3,484 $ 326,620 Net earnings — — — — 17,738 — — — 17,738 Other comprehensive income, net of tax — — — — — 370 — — 370 Stock contribution to employee benefit plans and other 2 — 51 — — — — — 51 Vesting of equity awards 118 23 (23) — — — — — — Cash dividend ($0.04 per share) — — — — 21 — — — 21 Treasury stock repurchases — — — (26,116) — — — — (26,116) Stock based compensation expense — — 2,717 — — — — — 2,717 Stock option exercises 83 17 2,193 — — — — — 2,210 Tax effect related to net share settlement of equity awards — — (2,025) — — — — — (2,025) Stock issued to, acquired for and distributed from rabbi trust 3 1 89 — — — (92) 92 90 Balance at November 30, 2023 83,967 $ 16,793 $ 223,474 $ (826,622) $ 1,028,871 $ (120,840) $ (3,576) $ 3,576 $ 321,676

Income Taxes

Income Taxes	3 Months Ended
Income Taxes	Nov. 30, 2024
Income Tax Disclosure [Abstract]
Income Taxes	Note 11. Income Taxes The Company's glob al operations, acquisition activity (as applicable) and specific tax attributes provide opportunities for continuous global tax planning initiatives to maximize tax credits and deductions. Comparative earnings before income taxes, income tax expense and effective income tax rates from continuing operations are as follows (dollars in thousands): Three Months Ended November 30, 2024 2023 Earnings before income tax expense $ 27,875 $ 23,974 Income tax expense 6,152 5,669 Effective income tax rate 22.1 % 23.6 % The Company’s earnings from continuing operations before income taxes include earnings from both U.S. and foreign jurisdictions. As several foreign tax rates are higher than the U.S. tax rate of 21%, the annual effective tax rate is impacted by foreign rate differentials, withholding taxes, losses in jurisdictions whe re no benefit can be realized, and various aspects of the U.S. Tax Cuts and Jobs Act, such as the Global Intangible Low-Taxed Income and Foreign-Derived Intangible Income provisions. The effective tax rate for the three months ended November 30, 2024 was 22.1%, compared to 23.6% for the comparable prior-year period. The effective tax rate in each time period was impacted by year-to-date losses and deductions in jurisdictions where no tax benefit can be realized. The lower effective tax rate for the three months ended November 30, 2024 was primarily driven by the more favorable tax impact of stock compensation in comparison to the prior period. Both the current and prior-year effective income tax rates include the impact of non-recurring items.

Segment Information

Segment Information	3 Months Ended
Segment Information	Nov. 30, 2024
Segment Reporting [Abstract]
Segment Information	Note 12. Segment Information The Company is a global manufacturer of a broad range of industrial products and solutions. The IT&S reportable segment is primarily engaged in the design, manufacture and distribution of branded hydraulic and mechanical tools and in providing services and tool rental to the infrastructure; industrial maintenance; repair and operations; oil & gas; mining; alternative and renewable energy; civil construction and other markets. The Other segment is included for purposes of reconciliation of the respective balances below to the condensed consolidated financial statements. The following tables summarize financial information by reportable segment and product line (in thousands): Three Months Ended November 30, 2024 2023 Net Sales by Reportable Segment & Product Line IT&S Segment Product $ 106,087 $ 104,921 Service & Rental 34,047 32,114 140,134 137,035 Other Segment 5,062 4,935 $ 145,196 $ 141,970 Operating Profit (Loss) IT&S Segment $ 37,992 $ 35,565 Other Segment 1,319 1,971 Corporate (8,179) (8,874) $ 31,132 $ 28,662 November 30, 2024 August 31, 2024 Assets IT&S Segment $ 646,645 $ 613,797 Other Segment 26,379 26,533 Corporate 102,327 136,998 $ 775,351 $ 777,328 In addition to the impact of changes in foreign currency exchange rates, the comparability of segment and product line information is impacted by acquisition/divestiture activities, impairment and divestiture charges, restructuring costs and related benefits. Corporate assets, which are not allocated, principally represent cash and cash equivalents, property, plant and equipment, Right of Use ("ROU") assets, capitalized debt issuance costs and deferred income taxes.

Contingencies and Litigation

Contingencies and Litigation	3 Months Ended
Contingencies and Litigation	Nov. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure	Note 13. Commitments and Contingencies The Comp any had outstanding letters of credit of $2.9 million and surety bonds of $3.8 million at November 30, 2024 and $4.4 million of letters of credit and $3.8 million of surety bonds at August 31, 2024, the majority of which relate to commercial contracts and self-insured workers' compensation programs. As part of the Company's global sourcing strategy, we have en tered into agreements with certain suppliers that require the supplier to maintain minimum levels of inventory to support certain products for which we require a short lead time to fulfill customer orders. We have the ability to notify the supplier that they no longer need maintain the minimum level of inventory should we discontinue manufacturing of a product during the contract period; however, we must purchase the remaining minimum inventory levels the supplier was required to maintain within a defined period of time. The Company is a party to various legal proceedings that have arisen in the normal course of business. These legal proceedings include regulatory matters, product liability, breaches of contract, employment, personal injury and other disputes. The Company has recorded reserves for loss contingencies based on the specific circumstances of each case. Such reserves are recorded when it is probable a loss has been incurred and can be reasonably estimated. The Company maintains a policy to exclude from such reserves an estimate of legal defense costs. In the opinion of management, resolution of these contingencies is not expected to have a material adverse effect on the Company’s financial position, results of operations or cash flows. Additionally, in fiscal 2019, the Company provided voluntary self-disclosures to both Dutch and U.S. authorities related to sales of products and services linked to the Crimea region of Ukraine, which potentially violated European Union and U.S. sanctions provisions. Although the U.S. investigation closed without further implication, the Dutch investigation continued. The Dutch Investigator concluded his investigation in March 2022 and provided the results to the Public Prosecutor's office for review. Specifically, the Investigator concluded that the sales transactions violated EU sanctions. The conclusion in the Investigator's report was consistent with the Company's understanding of what could be stated in the report and supported the Company to record an expense in the fiscal year-ended August 31, 2021, representing the low end of a reasonable range of financial penalties the Company may incur as no other point within the range was deemed more probable. The Company has not adjusted its estimate of financial penalties as a result of the completion of the investigation in the three months ended November 30, 2024. While there can be no assurance of the ultimate outcome of the matter, the Company currently believes that there will be no material adverse effect on the Company's financial position, results of operations or cash flows from this matter.

Leases Leases

Leases Leases	3 Months Ended
Leases Leases	Nov. 30, 2024
Leases [Abstract]
Lessee, Operating Leases [Text Block]	Note 14. Leases The Company has operating leases for real estate, vehicles, manufacturing equipment, IT equipment and office equipment (the Company does not have any significant financing leases). Our leases typically range in term from 3 to 15 years and may contain renewal options for periods up to 5 years at our discretion. Operating leases are recorded as operating lease ROU assets in “Other long-term assets” and operating lease liabilities in “Other current liabilitie s” and “Other long-term liabilities” of the Condensed Consolidated Balance Sheets. There have been no material changes to our operating lease ROU assets and operating lease liabil ities during the three months ended November 30, 2024 . The components of lease expense were as follows (in thousands): Three Months Ended November 30, 2024 2023 Lease Cost: Operating lease cost $ 3,100 $ 2,976 Short-term lease cost 471 585 Variable lease cost 919 919 Supplemental cash flow and other information related to leases were as follows (in thousands): Three Months Ended November 30, 2024 2023 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 2,929 $ 2,956 Right-of-use assets obtained in exchange for new lease liabilities: Operating leases 1,053 611

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended
Pay vs Performance Disclosure - USD ($) $ in Thousands	Nov. 30, 2024	Nov. 30, 2023
Pay vs Performance Disclosure
Net (loss) earnings	$ 21,723	$ 17,738

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Nov. 30, 2024
Trading Arrangements, by Individual
Material Terms of Trading Arrangement	During the three months ended November 30, 2024, none of the Company’s directors or officers (as defined in Rule 16a-1(f) of the Exchange Act) Adopted or terminated a “Rule 10b5-l trading arrangement” or adopted or terminated a “non-Rule 10b5-1 trading arrangement” (as such terms are defined in Item 408 of Regulation S-K).
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Basis of Presentation Property,

Basis of Presentation Property, Plant and Equipment	3 Months Ended
Basis of Presentation Property, Plant and Equipment	Nov. 30, 2024
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment [Table Text Block]	Property Plant and Equipment The following is a summary of the components included within the Company's property, plant and equipment (in thousands): November 30, 2024 August 31, 2024 Land, buildings and improvements $ 17,447 $ 14,670 Machinery and equipment 148,562 145,604 Gross property, plant and equipment 166,009 160,274 Less: Accumulated depreciation (120,188) (119,989) Property, plant and equipment, net $ 45,821 $ 40,285

Basis of Presentation Basis of

Basis of Presentation Basis of Presentation (Policies)	3 Months Ended
Basis of Presentation Basis of Presentation (Policies)	Nov. 30, 2024
Accounting Policies [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	Accumulated Other Comprehensive Loss The following is a summary of the components included within the Company's accumulated other comprehensive loss (in thousands): November 30, 2024 August 31, 2024 Foreign currency translation adjustments $ 109,261 $ 99,215 Pension and other postretirement benefit plans 16,889 17,187 Cash flow hedges (76) (4) Accumulated other comprehensive loss $ 126,074 $ 116,398
Property, Plant and Equipment [Table Text Block]	Property Plant and Equipment The following is a summary of the components included within the Company's property, plant and equipment (in thousands): November 30, 2024 August 31, 2024 Land, buildings and improvements $ 17,447 $ 14,670 Machinery and equipment 148,562 145,604 Gross property, plant and equipment 166,009 160,274 Less: Accumulated depreciation (120,188) (119,989) Property, plant and equipment, net $ 45,821 $ 40,285

Revenue Recognition Disaggregat

Revenue Recognition Disaggregation of Revenues (Tables)	3 Months Ended
Revenue Recognition Disaggregation of Revenues (Tables)	Nov. 30, 2024
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue [Table Text Block]	The following table presents information regarding revenues disaggregated by the timing of when goods and services are transferred (in thousands): Three Months Ended November 30, 2024 2023 Revenues recognized at point in time $ 109,296 $ 106,142 Revenues recognized over time 35,900 35,828 Total $ 145,196 $ 141,970

Revenue Recognition Contract wi

Revenue Recognition Contract with Customer, Assets and Liabilities (Tables)	3 Months Ended
	Nov. 30, 2024
Revenue from Contract with Customer [Abstract]
Contract with Customer, Contract Asset, Contract Liability, and Receivable [Table Text Block]	Contract Balances The Company's contract assets and liabilities are as follows (in thousands): November 30, 2024 August 31, 2024 Receivables, which are included in accounts receivable, net $ 100,654 $ 104,335 Contract assets, which are included in other current assets 6,768 4,531 Contract liabilities, which are included in other current liabilities 2,690 2,329

Restructuring Charges (Tables)

Restructuring Charges (Tables)	3 Months Ended
Restructuring Charges (Tables)	Nov. 30, 2024
Restructuring and Related Activities [Abstract]
Restructuring and Related Costs [Table Text Block]	The following summarizes restructuring reserve activity (which for the three months ended November 30, 2023 excludes $0.2 million of charges associated with the accelerated vesting of equity awards within the ASCEND transformation plan, which has no impact on the restructuring reserve) for the IT&S segment and Corporate (in thousands): Three Months Ended November 30, 2024 IT&S Corporate Balance as of August 31, 2024 $ 3,527 $ 197 Cash payments (810) (9) Impact of changes in foreign currency rates (36) — Balance as of November 30, 2024 $ 2,681 $ 188 Three Months Ended November 30, 2023 IT&S Corporate Balance as of August 31, 2023 $ 2,238 $ 74 Restructuring charges 2,062 174 Cash payments (1,312) (75) Balance as of November 30, 2023 $ 2,988 $ 173

Discontinued Operations & Other

Discontinued Operations & Other Divestiture Charges Discontinued Operations Balance Sheet and Statement of Operations (Tables) - USD ($) $ in Thousands	3 Months Ended
	Nov. 30, 2024	Nov. 30, 2023
Discontinued Operations and Disposal Groups [Abstract]
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent	$ 0	$ (567)

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets (Tables)	3 Months Ended
Goodwill and Other Intangible Assets (Tables)	Nov. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	The changes in the carrying amount of goodwill for the three months ended November 30, 2024 are as follows (in thousands): IT&S Other Total Balance as of August 31, 2024 $ 258,388 $ 11,209 $ 269,597 DTA Acquisition 23,105 — 23,105 Impact of changes in foreign currency rates (5,200) — (5,200) Balance as of November 30, 2024 $ 276,293 $ 11,209 $ 287,502
Schedule Of Finite Lived And Indefinite Lived Intangible Assets Table	The gross carrying value and accumulated amortization of the Company’s intangible assets are as follows (in thousands): November 30, 2024 August 31, 2024 Weighted Average Gross Accumulated Net Gross Accumulated Net Amortizable intangible assets: Customer Relationships 14 $ 107,972 $ 99,030 $ 8,942 $ 109,582 $ 99,530 $ 10,052 Patents 13 9,789 9,310 479 9,916 9,408 508 Trademarks and tradenames 3 2,734 2,298 436 2,764 2,308 456 Indefinite lived intangible assets: Tradenames N/A 24,625 — 24,625 25,042 — 25,042 $ 145,120 $ 110,638 $ 34,482 $ 147,304 $ 111,246 $ 36,058

Product Warranty Costs (Tables)

Product Warranty Costs (Tables)	3 Months Ended
Product Warranty Costs (Tables)	Nov. 30, 2024
Guarantees [Abstract]
Schedule of Product Warranty Liability	The following is a roll-forward of the changes in product warranty reserves for the three months ended November 30, 2024 and 2023 (in thousands): Three Months Ended November 30, 2024 2023 Beginning balance $ 534 $ 856 Provision for warranties 187 45 Warranty payments and costs incurred (216) (164) Impact of changes in foreign currency rates (12) 2 Ending balance $ 493 $ 739

Debt (Tables)

Debt (Tables)	3 Months Ended
Debt (Tables)	Nov. 30, 2024
Debt Disclosure [Abstract]
Long-Term Indebtedness	The following is a summary of the Company’s long-term indebtedness (in thousands): November 30, 2024 August 31, 2024 Senior Credit Facility Revolver $ — $ — Term Loan 193,750 195,000 Total Senior Indebtedness 193,750 195,000 Less: Current maturities of long-term debt (5,000) (5,000) Debt issuance costs (456) (497) Total long-term debt, less current maturities $ 188,294 $ 189,503

Derivatives Derivatives (Tables

Derivatives Derivatives (Tables)	3 Months Ended
Derivatives Derivatives (Tables)	Nov. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments, Gain (Loss) [Table Text Block]	Net foreign currency (gain) loss (included in "Other expense, net" in the Condensed Consolidated Statements of Earnings) related to these derivative instruments are as follows (in thousands): Three Months Ended November 30, 2024 2023 Foreign currency (gain) loss $ (151) $ 292

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
Earnings Per Share (Tables)	Nov. 30, 2024
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	The reconciliation between basic and diluted earnings per share is as follows (in thousands, except per share amounts): Three Months Ended November 30, 2024 2023 Numerator: Net earnings from continuing operations $ 21,723 $ 18,305 Earnings (loss) from discontinued operations, net of income taxes — (567) Net earnings $ 21,723 $ 17,738 Denominator: Weighted average common shares outstanding - basic 54,242 54,527 Net effect of dilutive securities - stock based compensation plans 570 481 Weighted average common shares outstanding - diluted 54,812 55,008 Earnings per share from continuing operations Basic $ 0.40 $ 0.34 Diluted $ 0.40 $ 0.33 Earnings (loss) per share from discontinued operations Basic $ — $ (0.01) Diluted $ — $ (0.01) Earnings per share:* Basic $ 0.40 $ 0.33 Diluted $ 0.40 $ 0.32 Anti-dilutive securities from stock based compensation plans (excluded from earnings per share calculation) 49 312 *The total of Earnings per share from continuing operations and Loss per share from discontinued operations may not equal Earnings per share due to rounding.

Income Taxes Income Taxes (Tabl

Income Taxes Income Taxes (Tables)	3 Months Ended
Income Taxes Income Taxes (Tables)	Nov. 30, 2024
Income Tax Disclosure [Abstract]
Income Tax Effective Tax Rate [Table Text Block]	Comparative earnings before income taxes, income tax expense and effective income tax rates from continuing operations are as follows (dollars in thousands): Three Months Ended November 30, 2024 2023 Earnings before income tax expense $ 27,875 $ 23,974 Income tax expense 6,152 5,669 Effective income tax rate 22.1 % 23.6 %

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
Segment Information (Tables)	Nov. 30, 2024
Segment Reporting [Abstract]
Summary of Financial Information by Reportable Segment and Product Line	The following tables summarize financial information by reportable segment and product line (in thousands): Three Months Ended November 30, 2024 2023 Net Sales by Reportable Segment & Product Line IT&S Segment Product $ 106,087 $ 104,921 Service & Rental 34,047 32,114 140,134 137,035 Other Segment 5,062 4,935 $ 145,196 $ 141,970 Operating Profit (Loss) IT&S Segment $ 37,992 $ 35,565 Other Segment 1,319 1,971 Corporate (8,179) (8,874) $ 31,132 $ 28,662 November 30, 2024 August 31, 2024 Assets IT&S Segment $ 646,645 $ 613,797 Other Segment 26,379 26,533 Corporate 102,327 136,998 $ 775,351 $ 777,328

Leases Components of Lease Expe

Leases Components of Lease Expense (Tables)	3 Months Ended
Leases Components of Lease Expense (Tables)	Nov. 30, 2024
Components of Lease Expense [Abstract]
Lease, Cost [Table Text Block]	The components of lease expense were as follows (in thousands): Three Months Ended November 30, 2024 2023 Lease Cost: Operating lease cost $ 3,100 $ 2,976 Short-term lease cost 471 585 Variable lease cost 919 919

Leases Supplemental Cash Flow I

Leases Supplemental Cash Flow Information Related to Leases (Tables)	3 Months Ended
	Nov. 30, 2024
Supplemental Cash Flow Information Related to Leases [Abstract]
Supplemental Cash Flow Information Related to Leases [Table Text Block]	Supplemental cash flow and other information related to leases were as follows (in thousands): Three Months Ended November 30, 2024 2023 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 2,929 $ 2,956 Right-of-use assets obtained in exchange for new lease liabilities: Operating leases 1,053 611

Basis of Presentation Schedul_2

Basis of Presentation Schedule of Property, Plant and Equipment (Details) - USD ($) $ in Thousands	Nov. 30, 2024	Aug. 31, 2024
Property, Plant and Equipment [Line Items]
Land, buildings and improvements	$ 17,447	$ 14,670
Machinery and equipment	148,562	145,604
Gross Property, Plant and Equipment	166,009	160,274
Less: Accumulated Depreciation	(120,188)	(119,989)
Property, Plant and Equipment, Net	$ 45,821	$ 40,285

Basis of Presentation Basis o_2

Basis of Presentation Basis of Presentation (Details) - USD ($)	3 Months Ended
	Nov. 30, 2024	Nov. 30, 2023	Aug. 31, 2024	Aug. 31, 2023
Condensed Statement of Income Captions [Line Items]
AOCI, Cash Flow Hedge, Cumulative Gain (Loss), after Tax	$ (76,000)		$ (4,000)
Total shareholders’ equity	(398,009,000)	$ (321,676,000)	(391,979,000)	$ (326,620,000)
Accumulated Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Net of Tax	109,261,000		99,215,000
Standard and Extended Product Warranty Accrual	493,000	739,000	534,000	856,000
Standard and Extended Product Warranty Accrual, Increase for Warranties Issued	187,000	45,000
Warranty Payments and costs incurred	(216,000)	(164,000)
Extended Product Warranty Accrual, Foreign Currency Translation Gain (Loss)	(12,000)	2,000
AOCI - Pension and other postretirement benefit plans, net of tax	16,889,000		17,187,000
AOCI Attributable to Parent [Member]
Condensed Statement of Income Captions [Line Items]
Total shareholders’ equity	$ 126,074,000	$ 120,840,000	$ 116,398,000	$ 121,210,000

Revenue Recognition Disaggreg_2

Revenue Recognition Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended
	Nov. 30, 2024	Nov. 30, 2023
Disaggregation of Revenue [Line Items]
Revenues	$ 145,196	$ 141,970
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)	13,200
Revenue Recognized at a Point in Time [Member]
Disaggregation of Revenue [Line Items]
Revenues	109,296	106,142
Transferred over Time [Member]
Disaggregation of Revenue [Line Items]
Revenues	$ 35,900	$ 35,828

Revenue Recognition Contract _2

Revenue Recognition Contract with Customer, Asset and Liability (Details) - USD ($) $ in Thousands	3 Months Ended
	Nov. 30, 2024	Aug. 31, 2024
Revenue from Contract with Customer [Abstract]
Accounts Receivable, Allowance for Credit Loss, Current	$ 16,400	$ 15,900
Accounts receivable, net	100,654	104,335
Contract assets	6,768	4,531
Contract liabilities	2,690	$ 2,329
Revenue, remaining performance obligation, within next twelve months	2,700
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)	$ 13,200
Concentration Risk, Customer	11.1

Restructuring Charges (Details)

Restructuring Charges (Details) - USD ($) $ in Thousands			3 Months Ended
Restructuring Charges (Details) - USD ($) $ in Thousands	Sep. 23, 2022	Jun. 27, 2022	Nov. 30, 2024	Nov. 30, 2023
Restructuring Reserve [Roll Forward]
Restructuring Charges			$ 0	$ 2,401
Anticipated ASCEND Transformation Program Restructuring Charges - Maximum	$ 15,000	$ 10,000
Anticipated ASCEND Transformation Program Restructuring Charges - Minimum	$ 10,000	$ 6,000
ASCEND Restructuring Plan
Restructuring Reserve [Roll Forward]
Restructuring Charges				2,400
Industrial Tools & Services [Member] [Domain] \| ASCEND Restructuring Plan
Restructuring Reserve [Roll Forward]
Beginning Balance			3,527	2,238
Restructuring Charges				2,062
Cash payments			(810)	(1,312)
Impact of changes in foreign currency rates			(36)
Ending Balance			2,681	2,988
Corporate Segment \| ASCEND Restructuring Plan
Restructuring Reserve [Roll Forward]
Beginning Balance			197	74
Restructuring Charges				174
Cash payments			(9)	(75)
Impact of changes in foreign currency rates			0
Ending Balance			$ 188	$ 173

Restructuring and Related Act_2

Restructuring and Related Activities (Details) - USD ($) $ in Millions	Sep. 23, 2022	Jun. 27, 2022
Restructuring and Related Activities [Abstract]
Anticipated ASCEND Transformation Program Restructuring Charges - Minimum	$ 10	$ 6
Anticipated ASCEND Transformation Program Restructuring Charges - Maximum	$ 15	$ 10

ASCEND Transformation Program (

ASCEND Transformation Program (Details) - USD ($) $ in Thousands				1 Months Ended	3 Months Ended
	Sep. 23, 2022	Jun. 27, 2022	Mar. 23, 2022	Mar. 31, 2023	Nov. 30, 2024	Nov. 30, 2023
Restructuring and Related Activities [Abstract]
Anticipated ASCEND Transformation Program Restructuring Charges - Maximum	$ 15,000	$ 10,000
Incremental Operating Profit Maximum			$ 50,000
Incremental Operating Profit Minimum			40,000
Anticipated ASCEND Transformation Program Restructuring Charges - Minimum	$ 10,000	$ 6,000
Anticipated Invested Expense Minimum			60,000	$ 70,000
Anticipated Invested Expense Maximum			$ 65,000	$ 75,000
ASCEND Transformation Program Costs						$ 3,600
ASCEND Transformation Program Expenses in SG&A						1,100
Restructuring Charges					$ 0	2,401
ASCEND Transformation Program Expenses in COGS						$ 100

Business Combinations, Asset _2

Business Combinations, Asset Acquisitions, and Joint Venture Formation (Details) $ in Thousands, € in Millions	3 Months Ended
	Nov. 30, 2024 USD ($)	Nov. 30, 2024 EUR (€)	Nov. 30, 2023 USD ($)	Sep. 04, 2024 EUR (€)
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]
Goodwill, Acquired During Period \| $	$ 23,105
Net Sales \| $	145,196		$ 141,970
Business Acquisition [Line Items]
Net Sales \| $	145,196		141,970
Goodwill, Acquired During Period \| $	23,105
Payments to Acquire Businesses, Net of Cash Acquired \| $	27,196		$ 0
DTA
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High				€ 36
Goodwill, Acquired During Period		€ 22
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		3
Net Sales		3.2
Business Acquisition [Line Items]
Net Sales		3.2
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High				€ 36
Goodwill, Acquired During Period		22
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		€ 3
Payments to Acquire Businesses, Net of Cash Acquired \| $	$ 27,200

Discontinued Operations & Oth_2

Discontinued Operations & Other Divestiture Charges Discontinued Operations & Divestiture Activities (Details) - USD ($) $ in Thousands	3 Months Ended
	Nov. 30, 2024	Nov. 30, 2023
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent	$ 0	$ (567)

Changes in Carrying Value of Go

Changes in Carrying Value of Goodwill (Details) $ in Thousands	3 Months Ended
	Nov. 30, 2024 USD ($)
Goodwill [Roll Forward]
Impact of changes in foreign currency rates	$ (5,200)
Goodwill, Acquired During Period	23,105
Industrial Tools & Services [Member] [Domain]
Goodwill [Roll Forward]
Impact of changes in foreign currency rates	(5,200)
Goodwill, Acquired During Period	23,105
Other Operating Segment [Member]
Goodwill [Roll Forward]
Impact of changes in foreign currency rates	0
Goodwill, Acquired During Period	$ 0

Gross Carrying Amount and Accum

Gross Carrying Amount and Accumulated Amortization of Other Intangible Assets (Details) - USD ($) $ in Thousands	Nov. 30, 2024	Aug. 31, 2024
Indefinite And Finite Lived Intangible Assets [Line Items]
Accumulated Amortization	$ 110,638	$ 111,246
Statement of Financial Position [Abstract]
Gross Carrying Value	145,120	147,304
Net Book Value	34,482	36,058
Goodwill	287,502	269,597
Industrial Tools & Services [Member] [Domain]
Statement of Financial Position [Abstract]
Goodwill	276,293	258,388
Other Operating Segment [Member]
Statement of Financial Position [Abstract]
Goodwill	11,209	11,209
Tradenames
Indefinite And Finite Lived Intangible Assets [Line Items]
Gross Carrying Value	24,625	25,042
Accumulated Amortization	0	0
Net Book Value	$ 24,625	25,042
Customer Relationships
Indefinite And Finite Lived Intangible Assets [Line Items]
Weighted Average Amortization Period (Years)	14 years
Gross Carrying Value	$ 107,972	109,582
Accumulated Amortization	99,030	99,530
Net Book Value	$ 8,942	10,052
Patents
Indefinite And Finite Lived Intangible Assets [Line Items]
Weighted Average Amortization Period (Years)	13 years
Gross Carrying Value	$ 9,789	9,916
Accumulated Amortization	9,310	9,408
Net Book Value	$ 479	508
Trademarks and tradenames
Indefinite And Finite Lived Intangible Assets [Line Items]
Weighted Average Amortization Period (Years)	3 years
Gross Carrying Value	$ 2,734	2,764
Accumulated Amortization	2,298	2,308
Net Book Value	$ 436	$ 456

Goodwill and Other Intangible_3

Goodwill and Other Intangible Assets - Additional Information (Details) $ in Millions	Nov. 30, 2024 USD ($)
Impaired Assets [Line Items]
Finite-Lived Intangible Asset, Expected Amortization, Year One	$ 1.9
Future Amortization Expense, 2025	0.3
Future Amortization Expense, 2024	0.7
Future Amortization Expense, 2023	1.5
Future Amortization Expense, 2022	1.8
Future Amortization Expense, 2021	1.8
Future Amortization Expense, Remainder of 2020	1.9
Future Amortization Expense, 2021	1.8
Future Amortization Expense, 2022	1.8
Future Amortization Expense, 2023	1.5
Future Amortization Expense, 2024	0.7
Future Amortization Expense, 2025	$ 0.3

Goodwill and Other Intangible_4

Goodwill and Other Intangible Assets Summary of Asset Impairment Charges (Details) - USD ($) $ in Thousands	3 Months Ended
	Nov. 30, 2024	Nov. 30, 2023
Impaired Assets [Line Items]
Impairment & divestiture (benefits) charges	$ 0	$ 147

Rollforward of Accrued Product

Rollforward of Accrued Product Warranty Reserve (Details) - USD ($) $ in Thousands	3 Months Ended
	Nov. 30, 2024	Nov. 30, 2023
Movement in Standard Product Warranty Accrual [Roll Forward]
Beginning balance	$ 534	$ 856
Provision for warranties	187	45
Warranty Payments and costs incurred	$ (216)	$ (164)

Long-Term Indebtedness (Details

Long-Term Indebtedness (Details) - USD ($)	Nov. 30, 2024	Aug. 31, 2024
Debt Instrument [Line Items]
Long-term Debt	$ 193,750,000	$ 195,000,000
Long-term debt, net	188,294,000	189,503,000
Long-term Debt, Current Maturities	5,000,000	5,000,000
Debt Issuance Costs, Net	456,000	497,000
Senior Credit Facility - Term Loan \| Debt Instrument, Name [Domain]
Debt Instrument [Line Items]
Long-term Debt	193,750,000	195,000,000
Revolving Credit Facility
Debt Instrument [Line Items]
Long-term Debt	$ 0	$ 0

Debt - Additional Information (

Debt - Additional Information (Details)		3 Months Ended
Debt - Additional Information (Details)	Sep. 09, 2022 USD ($)	Nov. 30, 2024 USD ($)	Nov. 30, 2023 USD ($)	Aug. 31, 2024 USD ($)
Debt Instrument [Line Items]
Borrowings on Revolving Credit		$ 14,421,000	$ 39,000,000
Senior Credit Facilty	$ 600,000,000
Long-term debt, net		188,294,000		$ 189,503,000
Long-term Debt		193,750,000		195,000,000
Senior Credit Facility - Term Loan
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	200,000,000
Senior credit facility expansion option, available	300,000,000
Revolving Credit Facility
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 400,000,000
Long-term Debt		0		0
Senior Credit Facility - Revolver
Debt Instrument [Line Items]
Outstanding letters of credit		(1,500,000)
Debt Instrument, Unused Borrowing Capacity, Amount		398,500,000
Debt Instrument, Name [Domain] \| Senior Credit Facility - Term Loan
Debt Instrument [Line Items]
Long-term Debt		$ 193,750,000		$ 195,000,000
Minimum
Debt Instrument [Line Items]
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage	0.15%
Adjusted Leverage Ratio	1
Minimum \| Senior Credit Facility - Term Loan
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	1.125%
Leverage ratio	1
Interest Coverage Ratio	100%
Minimum \| Senior Credit Facility - Term Loan \| Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	1.125%
Maximum
Debt Instrument [Line Items]
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage	0.30%
Adjusted Leverage Ratio	4.25
Maximum \| Senior Credit Facility - Term Loan
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	1.875%
Leverage ratio	3.75
Interest Coverage Ratio	300%

Fair Value Measurement - Additi

Fair Value Measurement - Additional Information (Details) - USD ($)	Nov. 30, 2024	Aug. 31, 2024
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Foreign Currency Contract, Liability/Asset, Fair Value Disclosure	$ 100,000	$ 300,000
Long-term Debt	193,750,000	195,000,000
Interest Rate Cash Flow Hedge Derivative at Fair Value, Net	100,000	100,000
Derivative Instruments in Hedges, at Fair Value, Net	100,000	(1,600,000)
Revolving Credit Facility
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term Debt	$ 0	$ 0

Derivatives Narrative (Details)

Derivatives Narrative (Details) - USD ($)	3 Months Ended		159 Months Ended
Derivatives Narrative (Details) - USD ($)	Nov. 30, 2024	Nov. 30, 2023	Nov. 30, 2024	Oct. 28, 2024	Aug. 31, 2024	Dec. 08, 2022
Derivative [Line Items]
Foreign Currency Contract, Liability/Asset, Fair Value Disclosure	$ 100,000		$ 100,000		$ 300,000
Loss on Foreign Currency Fair Value Hedge Derivatives and Not Designated as Hedging Instruments at Fair Value	(151,000)	$ 292,000
Long-term Debt	193,750,000		$ 193,750,000		195,000,000
Derivatives used in Net Investment Hedge, Increase (Decrease), Gross of Tax	1,300,000	(100,000)
Increase (Decrease) in Fair Value of Hedged Item in Interest Rate Fair Value Hedge	100,000	$ (100,000)
Treasury Stock, Shares, Acquired			30,192,041
Fair Value Hedging [Member]
Derivative [Line Items]
Derivative, Notional Amount	$ 10,600,000		$ 10,600,000		$ 15,600,000
Net Investment Hedging [Member]
Derivative [Line Items]
Derivative, Fair Value, Net				$ 14,100,000		$ 30,500,000
Interest Rate Swap [Member]
Derivative [Line Items]
Derivative, Amount of Hedged Item						$ 60,000,000
Derivative, Fixed Interest Rate						4.022%

Earnings per Share and Shareh_2

Earnings per Share and Shareholders' Equity Share Repurchase (Details) - USD ($) $ in Thousands	3 Months Ended		159 Months Ended
	Nov. 30, 2024	Nov. 30, 2023	Nov. 30, 2024	Aug. 31, 2024	Aug. 31, 2023
Equity [Abstract]
Stock Repurchase Program, Remaining Number of Shares Authorized to be Repurchased	2,607,189		2,607,189
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	$ 398,009	$ 321,676	$ 398,009	$ 391,979	$ 326,620
Net (loss) earnings	21,723	17,738
Other Comprehensive (Loss) Income, Net of Tax	(9,676)	370
Stock Issued During Period, Value, Employee Benefit Plan	91	51
Stock Issued During Period, Value, Restricted Stock Award, Gross	0	0
APIC, Share-based Payment Arrangement, Increase for Cost Recognition	3,345	2,717
Stock Value Issued to Acquired For and Distributed From Rabbi Trust	0	90
Retained earnings	$ 279,239		279,239	$ 261,870
Treasury Stock, Value, Acquired, Cost Method		$ 26,116	$ 843,200
Stock Repurchase Program, Number of Shares Authorized to be Repurchased	10,000,000		10,000,000
Treasury Stock, Common, Shares	0		0	0
Stock Repurchased During Period, Shares	109,860
Treasury Stock, Shares, Acquired			30,192,041
Stock Repurchased During Period, Value	$ 4,400
Common Stock [Member]
Stock Issued During Period, Shares, New Issues	54,400,000	83,967,000	54,400,000	54,235,000	83,761,000
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	$ 10,880	$ 16,793	$ 10,880	$ 10,847	$ 16,752
Stock Issued During Period, Shares, Employee Benefit Plan	2,000	2,000
Stock Issued During Period, Value, Employee Benefit Plan	$ 0	$ 0
Stock Issued During Period, Shares, Restricted Stock Award, Gross	186,000	118,000
Stock Issued During Period, Value, Restricted Stock Award, Gross	$ 37	$ 23
Stock Issued To Acquired For And Distributed From Rabbi Trust	0	3,000
Stock Value Issued to Acquired For and Distributed From Rabbi Trust	$ 0	$ 1
Treasury Stock, Shares, Retired	(110,000)
Additional Paid-in Capital [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	$ 233,964	223,474	233,964	235,660	220,472
Stock Issued During Period, Value, Employee Benefit Plan	91	51
Stock Issued During Period, Value, Restricted Stock Award, Gross	37	23
APIC, Share-based Payment Arrangement, Increase for Cost Recognition	3,345	2,717
Stock Value Issued to Acquired For and Distributed From Rabbi Trust	0	89
Retained Earnings [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	279,239	1,028,871	279,239	261,870	1,011,112
Net (loss) earnings	21,723	17,738
AOCI Attributable to Parent [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	(126,074)	(120,840)	(126,074)	(116,398)	(121,210)
Other Comprehensive (Loss) Income, Net of Tax	(9,676)	370
Stock held in trust [member] [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	(3,774)	(3,576)	(3,774)	(3,777)	(3,484)
Stock Value Issued to Acquired For and Distributed From Rabbi Trust	(3)	92
Deferred Compensation, Share-based Payments [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	3,774	3,576	$ 3,774	$ 3,777	$ 3,484
Stock Value Issued to Acquired For and Distributed From Rabbi Trust	$ (3)	$ 92

Capital Stock (Details)

Capital Stock (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Nov. 30, 2024	Nov. 30, 2023
Earnings Per Share [Abstract]
Net (Loss) Earnings from Continuing Operations	$ 21,723	$ 18,305
Net (Loss) Earnings from Discontinued Operations	0	(567)
Net (loss) earnings	$ 21,723	$ 17,738
Weighted average common shares outstanding - basic	54,242	54,527
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements	570	481
Weighted Average Common Shares outstanding - diluted	54,812	55,008
(Loss) Earnings per share from Continuing Operations, Per Basic Share	$ 0.40	$ 0.34
(Loss) Earnings per share from Continuing Operations, Per Diluted Share	0.40	0.33
(Loss) Earnings per share from Discontinued Operations, Per Basic Shares	0	(0.01)
(Loss) Earnings per share from Discontinued Operations, Per Diluted Share	0	(0.01)
Earnings Per Share, Basic	0.40	0.33
(Loss) Earnings Per Share, Diluted	$ 0.40	$ 0.32
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive securities from stock based compensation plans (excluded from earnings per share calculation)	49	312

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Nov. 30, 2024	Nov. 30, 2023
Income Tax Disclosure Additional Details [Table] [Line Items]
Income tax (benefit) expense	$ 6,152	$ 5,669
Effective Income Tax Rate Reconciliation, Percent	22.10%	23.60%
Federal Statutory Income Tax Rate, Percent	21%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	$ 27,875	$ 23,974

Summary of Financial Informatio

Summary of Financial Information by Reportable Segment and Product Line (Details) - USD ($) $ in Thousands	3 Months Ended
	Nov. 30, 2024	Nov. 30, 2023	Aug. 31, 2024
Segment Reporting Information [Line Items]
Net Sales	$ 145,196	$ 141,970
Operating Profit (Loss)	31,132	28,662
Assets	775,351		$ 777,328
Industrial Tools & Services [Member] [Domain]
Segment Reporting Information [Line Items]
Net Sales	140,134	137,035
Operating Profit (Loss)	37,992	35,565
Assets	646,645		613,797
Industrial Tools & Services [Member] [Domain] \| Products [Member]
Segment Reporting Information [Line Items]
Net Sales	106,087	104,921
Industrial Tools & Services [Member] [Domain] \| Service & Rental [Member]
Segment Reporting Information [Line Items]
Net Sales	34,047	32,114
Other Operating Segment [Member]
Segment Reporting Information [Line Items]
Net Sales	5,062	4,935
Operating Profit (Loss)	1,319	1,971
Assets	26,379		26,533
General Corporate
Segment Reporting Information [Line Items]
Operating Profit (Loss)	(8,179)	$ (8,874)
Assets	$ 102,327		$ 136,998

Contingencies and Litigation -

Contingencies and Litigation - Additional Information (Details) - USD ($) $ in Thousands	Nov. 30, 2024	Aug. 31, 2024
Standby Letters of Credit [Member]
Commitments and Contingencies Disclosure [Abstract]
Outstanding letters of credit	$ 2,900	$ 4,400
Loss Contingencies [Line Items]
Outstanding letters of credit	2,900	4,400
Surety Bond
Commitments and Contingencies Disclosure [Abstract]
Outstanding letters of credit	3,800	3,800
Loss Contingencies [Line Items]
Outstanding letters of credit	$ 3,800	$ 3,800

Leases Components of Lease Ex_2

Leases Components of Lease Expense (Details) - USD ($) $ in Thousands	3 Months Ended
	Nov. 30, 2024	Nov. 30, 2023
Components of Lease Expense [Abstract]
Operating Lease, Cost	$ 3,100	$ 2,976
Short-term Lease, Cost	471	585
Variable Lease, Cost	$ 919	$ 919

Leases Supplemental Cash Flow_2

Leases Supplemental Cash Flow Information Related to Leases (Details) - USD ($) $ in Thousands	3 Months Ended
	Nov. 30, 2024	Nov. 30, 2023
Supplemental Cash Flow Information Related to Leases [Abstract]
Operating Lease, Payments	$ 2,929	$ 2,956
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	$ 1,053	$ 611

Leases Leases (Details)

Leases Leases (Details)	Nov. 30, 2024
Operating Leased Assets [Line Items]
Lessee, Operating Lease, Renewal Term	5 years
Minimum
Operating Leased Assets [Line Items]
Lessee, Operating Lease, Term of Contract	3 years
Maximum
Operating Leased Assets [Line Items]
Lessee, Operating Lease, Term of Contract	15 years