Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Aug. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in Carrying Value of Goodwill

The changes in the carrying amount of goodwill for the years ended August 31, 2023 and 2022 by operating segment are as follows (in thousands):

	IT&S		Other		Total
Balance as of August 31, 2021	$	265,087	$	12,506	$	277,593
Impairment charge	—		(1,297)		(1,297)
Impact of changes in foreign currency rates	(18,347)		—		(18,347)
Balance as of August 31, 2022	246,740		11,209		257,949
Impact of changes in foreign currency rates	8,546		—		8,546
Balance as of August 31, 2023	$	255,285	$	11,209	$	266,494

Gross Carrying Amount and Accumulated Amortization of Intangible Assets

The gross carrying value and accumulated amortization of the Company’s intangible assets are as follows (in thousands):

	Weighted Average Amortization Period (Year)	August 31, 2023						August 31, 2022
		Gross		Accumulated Amortization		Net Book Value		Gross		Accumulated Amortization		Net Book Value
Amortizable intangible assets:
Customer relationships	14	$	108,292	$	95,395	$	12,897	$	135,101	$	117,275	$	17,826
Patents	13	9,769		9,210		559		13,708		13,104		604
Trademarks and tradenames	14	2,734		2,197		537		3,132		2,329		803
Indefinite lived intangible assets:
Tradenames	N/A	23,345		—		23,345		22,274		—		22,274
		$	144,140	$	106,802	$	37,338	$	174,215	$	132,708	$	41,507