Acquisitions (Tables)

3 Months Ended

Nov. 30, 2021

Business Combinations [Abstract]

Purchase price allocation

The acquisition date fair values of major classes of assets acquired and liabilities assumed are as follows:

	Acquisition Date Fair Value		Acquisition Date Useful Life	Amortization Method
	(in thousands)		(in years)
Current assets	$	519
Amortizable intangible assets
Software technology	7,750		5 years	Straight-line
Client relationships	4,800		11 years	Straight-line
Goodwill	39,941
Other assets	32
Current liabilities	(3,017)
Other liabilities	(7)
Total purchase price	$	50,018

The acquisition date fair values of major classes of assets acquired and liabilities assumed are as follows:

	Acquisition Date Fair Value		Acquisition Date Useful Life	Amortization Method
	(in thousands)		(in years)
Current assets	$	812
Amortizable intangible assets
Software technology	8,100		7 years	Straight-line
Client relationships	900		12 years	Straight-line
Trade names	2,800		15 years	Straight-line
Goodwill	30,058
Other assets	5,299
Current liabilities	(3,069)
Other liabilities	(2,984)
Total purchase price	$	41,916