Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Other Intangible Assets (Tables)

v3.2.0.727
Goodwill and Other Intangible Assets (Tables)
9 Months Ended
May. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The changes in the carrying value of goodwill for the nine months ended May 31, 2015 are as follows (in thousands):
 
 
Industrial
 
Energy
 
Engineered Solutions
 
Total
Balance as of August 31, 2014
 
$
100,265

 
$
350,628

 
$
291,877

 
$
742,770

Purchase accounting adjustments
 
(3,244
)
 

 

 
(3,244
)
Impairment charge
 

 
(78,530
)
 

 
(78,530
)
Impact of changes in foreign currency rates
 
(5,058
)
 
(31,382
)
 
(12,324
)
 
(48,764
)
Balance as of May 31, 2015
 
$
91,963

 
$
240,715

 
$
279,553

 
$
612,232

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):
 
 
 
 
May 31, 2015
 
August 31, 2014
 
 
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
 
15
 
$
304,265

 
$
127,241

 
$
177,024

 
$
325,164

 
$
117,706

 
$
207,458

Patents
 
10
 
30,879

 
19,229

 
11,650

 
31,678

 
17,494

 
14,184

Trademarks and tradenames
 
18
 
21,850

 
6,797

 
15,053

 
23,241

 
6,201

 
17,040

Other intangibles
 
3
 
6,844

 
6,505

 
339

 
7,373

 
6,783

 
590

Indefinite lived intangible assets:
 

 

 

 

 

 

 

Tradenames
 
N/A
 
112,843

 

 
112,843

 
125,905

 

 
125,905

 
 
 
 
$
476,681

 
$
159,772

 
$
316,909

 
$
513,361

 
$
148,184

 
$
365,177