Property and equipment is stated at cost, net of accumulated depreciation. Depreciation of property and equipment is computed on a straight-line basis over the following estimated useful lives:
Computers, related equipment and software
3 to 7 years
Furniture and fixtures
5 to 10 years
Leasehold improvements
Lesser of lease term or 15 years
The components of Property and equipment, net are as follows:
 August 31, 2025August 31, 2024
Computers, related equipment and software$2,260,910 $2,163,222 
Furniture and fixtures447,533 431,516 
Leasehold improvements1,784,561 1,640,236 
Property and equipment, gross4,493,004 4,234,974 
Total accumulated depreciation(2,926,630)(2,713,855)
Property and equipment, net$1,566,374 $1,521,119 

Historical Timeline

Fiscal YearFiled
2025Oct 10, 2025Showing above
2024Oct 10, 2024
2023Oct 12, 2023
2022Oct 12, 2022
2021Oct 15, 2021
2020Oct 22, 2020
2019Oct 29, 2019
2018Oct 24, 2018
2017Oct 26, 2017
2016Oct 28, 2016
2015Oct 30, 2015

About PP&E Disclosures

The PP&E disclosure details a company's physical asset base — land, buildings, machinery, and equipment — along with the depreciation methods and useful life assumptions that determine how these costs flow through the income statement. Capitalization policy thresholds reveal management's judgment on the boundary between expense and asset, directly affecting both reported earnings and asset values.

Key signals: changes in estimated useful lives or depreciation methods can materially shift reported earnings without any operational change. Compare capital expenditures against depreciation expense — when capex consistently trails depreciation, the asset base may be aging and underinvested. Watch for large asset impairments or write-downs that signal overvalued carrying amounts. Asset retirement obligations reveal future environmental or decommissioning costs that are often underappreciated. Compare PP&E intensity (PP&E-to-revenue) against industry peers to assess capital efficiency and competitive positioning.