Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Aug. 31, 2024

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, 2024 and 2023 by operating segment are as follows (in thousands):

	IT&S		Other		Total
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
Impact of changes in foreign currency rates	3,103		—		3,103
Balance as of August 31, 2024	$	258,388	$	11,209	$	269,597

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, 2024						August 31, 2023
		Gross		Accumulated Amortization		Net Book Value		Gross		Accumulated Amortization		Net Book Value
Amortizable intangible assets:
Customer relationships	14	$	109,582	$	99,530	$	10,052	$	108,292	$	95,395	$	12,897
Patents	13	9,916		9,408		508		9,769		9,210		559
Trademarks and tradenames	14	2,764		2,308		456		2,734		2,197		537
Indefinite lived intangible assets:
Tradenames	N/A	25,042		—		25,042		23,345		—		23,345
		$	147,304	$	111,246	$	36,058	$	144,140	$	106,802	$	37,338