Enerpac Tool Group Corp. Annual report pursuant to Section 13 and 15(d)

Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Aug. 31, 2012

The changes in the carrying amount of goodwill for the years ended August 31, 2012 and 2011 are as follows (in thousands):


	Industrial			Energy			Electrical			Engineered Solutions			Total
Balance as of August 31, 2010	$	77,936		$	240,590		$	171,539		$	214,824		$	704,889
Businesses acquired		200			—			84,478			71,186			155,864
Purchase accounting adjustments		3,192			248			—			140			3,580
Impact of changes in foreign currency rates		4,081			11,447			4,760			3,845			24,133

Balance as of August 31, 2011		85,409			252,285			260,777			289,995			888,466
Businesses acquired		—			14,101			—			26,188			40,289
Purchase accounting adjustments		—			—			(3,995	)		715			(3,280	)
Impairment charge		—			—			(36,557	)		—			(36,557	)
Impact of changes in foreign currency rates		(4,005	)		(6,865	)		(6,355	)		(5,281	)		(22,506	)

Balance as of August 31, 2012	$	81,404		$	259,521		$	213,870		$	311,617		$	866,412

intangible assets are as follows (in thousands):


	Weighted Average Amortization Period (Years)	August 31, 2012						August 31, 2011
	Weighted Average Amortization Period (Years)	Gross Carrying Amount		Accumulated Amortization		Net Book Value		Gross Carrying Amount		Accumulated Amortization		Net Book Value
Amortizable intangible assets:
Customer relationships	15	$	347,739	$	93,768	$	253,971	$	331,171	$	73,215	$	257,956
Patents	13		52,851		34,842		18,009		51,169		31,221		19,948
Trademarks and tradenames	19		43,820		8,670		35,150		38,917		6,571		32,346
Non-compete agreements and other	4		7,677		6,316		1,361		7,362		5,671		1,691
Indefinite lived intangible assets:
Tradenames	N/A		137,393		—		137,393		167,465		—		167,465

		$	589,480	$	143,596	$	445,884	$	596,084	$	116,678	$	479,406

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.