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