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Goodwill and Intangible assets (Tables)
9 Months Ended
May 31, 2022
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Intangible Assets

Intangible assets as of May 31, 2022 and August 31, 2021 consisted of the following:

 

 

 

May 31, 2022

 

 

 

 

 

Gross
carrying
amount

 

 

Accumulated
amortization

 

 

Net carrying
amount

 

 

Weighted
average
remaining
life

Customer relationships

 

$

103,600

 

 

 

59,525

 

 

$

44,075

 

 

4.6 years

Acquired technology

 

 

32,235

 

 

 

26,811

 

 

 

5,424

 

 

1.3 years

Trademarks and tradenames

 

 

9,400

 

 

 

5,483

 

 

 

3,917

 

 

4.1 years

Domain name

 

 

100

 

 

 

58

 

 

 

42

 

 

4.2 years

Backlog

 

 

6,700

 

 

 

6,656

 

 

 

44

 

 

0.2 years

 

 

$

152,035

 

 

$

98,533

 

 

$

53,502

 

 

 

 

 

 

August 31, 2021

 

 

 

 

 

Gross
carrying
amount

 

 

Accumulated
amortization

 

 

Net carrying
amount

 

 

Weighted
average
remaining
life

Customer relationships

 

$

103,600

 

 

 

51,815

 

 

$

51,785

 

 

5.3 years

Acquired technology

 

 

32,235

 

 

 

23,509

 

 

 

8,726

 

 

1.8 years

Trademarks and tradenames

 

 

9,400

 

 

 

4,778

 

 

 

4,622

 

 

4.8 years

Domain name

 

 

100

 

 

 

50

 

 

 

50

 

 

4.8 years

Backlog

 

 

6,700

 

 

 

6,524

 

 

 

176

 

 

0.8 years

 

 

$

152,035

 

 

$

86,676

 

 

$

65,359

 

 

 

Summary of Estimated Future Amortization of Purchased Intangible Assets

As of May 31, 2022, the estimated future amortization of purchased intangible assets is as follows:

 

Fiscal year:

 

 

 

2022

 

$

3,936

 

2023

 

 

15,225

 

2024

 

 

11,453

 

2025

 

 

11,307

 

2026 and thereafter

 

 

11,581

 

Total

 

$

53,502