Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Other Intangible Assets (Tables)

v3.22.2
Goodwill and Other Intangible Assets (Tables)
9 Months Ended
May 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill The changes in the carrying amount of goodwill for the nine months ended May 31, 2022 are as follows (in thousands):
IT&S Other Total
Balance as of August 31, 2021 $ 265,087  $ 12,506  $ 277,593 
Impact of changes in foreign currency rates (10,394) —  (10,394)
Balance as of May 31, 2022 $ 254,693  $ 12,506  $ 267,199 
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):
  May 31, 2022 August 31, 2021
Weighted Average
Amortization
Period (Years)
Gross
Carrying
Value
Accumulated
Amortization
Net
Book
Value
Gross
Carrying
Value
Accumulated
Amortization
Net
Book
Value
Amortizable intangible assets:
Customer relationships 14 $ 138,234  $ 117,850  $ 20,384  $ 142,453  $ 114,463  $ 27,990 
Patents 11 14,026  13,353  673  14,492  13,688  804 
Trademarks and tradenames 12 3,204  2,374  830  3,307  2,391  916 
Indefinite lived intangible assets:
Tradenames N/A 23,276  —  23,276  24,835  —  24,835 
$ 178,740  $ 133,577  $ 45,163  $ 185,087  $ 130,542  $ 54,545