Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Other Intangible Assets (Tables)

v3.21.4
Goodwill and Other Intangible Assets (Tables)
3 Months Ended
Nov. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill The changes in the carrying amount of goodwill for the three months ended November 30, 2021 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 (4,296) —  (4,296)
Balance as of November 30, 2021 $ 260,791  $ 12,506  $ 273,297 
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):
  November 30, 2021 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 $ 140,576  $ 115,162  $ 25,414  $ 142,453  $ 114,463  $ 27,990 
Patents 12 14,252  13,497  755  14,492  13,688  804 
Trademarks and tradenames 12 3,255  2,373  882  3,307  2,391  916 
Indefinite lived intangible assets:
Tradenames N/A 24,349  —  24,349  24,835  —  24,835 
$ 182,432  $ 131,032  $ 51,400  $ 185,087  $ 130,542  $ 54,545