Goodwill and Intangible Assets (Tables)

9 Months Ended

May 29, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in Carrying Amount of Goodwill

The changes in the carrying amount of goodwill by segment, with no accumulated impairment losses, for the nine months ended May 29, 2021 and May 30, 2020 are as follows:

(in thousands)	Towable		Motorhome		Corporate / All Other		Total
Balances at August 31, 2019	$	244,684	$	—	$	30,247	$	274,931
Acquisition of Newmar(1)	—		73,127		—		73,127
Balances at May 30, 2020	$	244,684	$	73,127	$	30,247	$	348,058
Balances at August 29, 2020 and May 29, 2021(2)	$	244,684	$	73,127	$	30,247	$	348,058

(1)    The change in Motorhome activity is related to the acquisition of Newmar Corporation, Dutch Real Estate Corp., New-Way Transport and New-Serv (collectively "Newmar") that occurred on November 8, 2019. See Note 2 to the Consolidated Financial Statements included in Item 8 of Part II of the Company's Annual Report on Form 10-K for the fiscal year ended August 29, 2020 for additional acquisition information.

(2) There was no activity in the nine months ended May 29, 2021.

Schedule of Other Intangible Assets

Other intangible assets, net of accumulated amortization, consist of the following:

	May 29, 2021
($ in thousands)	Weighted Average Life-Years	Gross Carrying Amount		Accumulated Amortization		Net Carrying Value
Trade names	Indefinite	$	275,250	$	—	$	275,250
Dealer networks	12.1	159,581		$	42,360	117,221
Backlog	0.5	28,327		28,327		—
Non-compete agreements	4.3	6,647		5,121		1,526
Other intangible assets		$	469,805	$	75,808	$	393,997
	August 29, 2020
($ in thousands)	Weighted Average Life-Years	Cost		Accumulated Amortization		Net Carrying Value
Trade names	Indefinite	$	275,250	$	—	$	275,250
Dealer networks	12.2	159,581		32,487		127,094
Backlog	0.5	28,327		28,327		—
Non-compete agreements	4.1	6,647		4,223		2,424
Other intangible assets		$	469,805	$	65,037	$	404,768

Schedule of Remaining Estimated Aggregate Annual Amortization Expense

Estimated future amortization expense related to finite-lived intangible assets is as follows:

(in thousands)	Amount
Remainder of Fiscal 2021	$	3,590
Fiscal 2022	13,719
Fiscal 2023	13,526
Fiscal 2024	13,424
Fiscal 2025	13,219
Fiscal 2026	13,165
Thereafter	48,104
Total amortization expense remaining	$	118,747