Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Other Intangible Assets (Tables)

v3.21.1
Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Feb. 28, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill The changes in the carrying amount of goodwill for the six months ended February 28, 2021 are as follows (in thousands):
IT&S Other Total
Balance as of August 31, 2020 $ 263,537  $ 17,617  $ 281,154 
Impact of changes in foreign currency rates 3,566  11  3,577 
Balance as of February 28, 2021 $ 267,103  $ 17,628  $ 284,731 
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):
  February 28, 2021 August 31, 2020
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 $ 143,325  $ 111,267  $ 32,058  $ 141,853  $ 106,491  $ 35,362 
Patents 12 14,547  13,635  912  14,365  13,228  1,137 
Trademarks and tradenames 12 3,321  2,352  969  3,277  2,257  1,020 
Indefinite lived intangible assets:
Tradenames N/A 25,041  —  25,041  24,863  —  24,863 
$ 186,234  $ 127,254  $ 58,980  $ 184,358  $ 121,976  $ 62,382