Schedule of Goodwill |
The changes in the carrying value of goodwill for the nine months ended May 31, 2014 are as follows (in thousands):
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Industrial |
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Energy |
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Engineered Solutions |
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Total |
Balance as of August 31, 2013 |
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$ |
82,611 |
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|
$ |
341,903 |
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|
$ |
310,438 |
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|
$ |
734,952 |
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Business acquired |
|
14,987 |
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|
— |
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|
— |
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|
14,987 |
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Purchase accounting adjustments |
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— |
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|
206 |
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|
— |
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|
206 |
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Impact of changes in foreign currency rates |
|
1,122 |
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|
13,002 |
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|
1,719 |
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|
15,843 |
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Balance as of May 31, 2014 |
|
$ |
98,720 |
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|
$ |
355,111 |
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|
$ |
312,157 |
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|
$ |
765,988 |
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Schedule Of Finite Lived And Indefinite Lived Intangible Assets Table |
The gross carrying value and accumulated amortization of the Company’s other intangible assets are as follows (in thousands):
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May 31, 2014 |
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August 31, 2013 |
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Weighted Average
Amortization
Period (Years)
|
|
Gross
Carrying
Value
|
|
Accumulated
Amortization
|
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Net
Book
Value
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Gross
Carrying
Value
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Accumulated
Amortization
|
|
Net
Book
Value
|
Amortizable intangible assets: |
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|
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Customer relationships |
|
15 |
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$ |
328,496 |
|
|
$ |
113,228 |
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|
$ |
215,268 |
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|
$ |
318,143 |
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|
$ |
95,215 |
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|
$ |
222,928 |
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Patents |
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11 |
|
35,878 |
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|
20,688 |
|
|
15,190 |
|
|
30,564 |
|
|
18,747 |
|
|
11,817 |
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Trademarks and tradenames |
|
18 |
|
26,304 |
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|
8,492 |
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|
17,812 |
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|
24,088 |
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|
7,356 |
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|
16,732 |
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Non-compete agreements and other |
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4 |
|
7,435 |
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|
6,772 |
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|
663 |
|
|
7,034 |
|
|
6,458 |
|
|
576 |
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Indefinite lived intangible assets: |
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|
|
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Tradenames |
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N/A |
|
127,316 |
|
|
— |
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|
127,316 |
|
|
124,639 |
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|
— |
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|
124,639 |
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|
|
|
|
$ |
525,429 |
|
|
$ |
149,180 |
|
|
$ |
376,249 |
|
|
$ |
504,468 |
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|
$ |
127,776 |
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|
$ |
376,692 |
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