Quarterly report pursuant to Section 13 or 15(d)

REVENUE (Tables)

v3.21.4
REVENUE (Tables)
3 Months Ended
Nov. 30, 2021
REVENUE [Abstract]  
Deferred Revenue and Changes in Deferred Revenue

Deferred revenue by segment is as follows:

​

​

​

​

​

​

​

​

(In thousands)

    

November 30, 2021

    

August 31, 2021

Land development segment

​

$

2,831

​

$

1,995

Water and wastewater resource development segment

​

 

271

​

 

410

Balance, end of period

​

$

3,102

​

$

2,405

​

Changes in deferred revenue were as follows:

​

​

​

​

​

​

​

​

(In thousands)

​

November 30, 2021

    

August 31, 2021

Balance at August 31, 2021

​

$

2,405

​

$

3,600

Deferral of revenue

​

 

3,783

​

 

6,884

Recognition of unearned revenue

​

​

(3,086)

​

​

(8,079)

Balance at November 30, 2021

​

$

3,102

​

$

2,405