Goodwill and Other Intangible Assets

12 Months Ended

Aug. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets

Note 7.    Goodwill, Intangible Assets and Long-Lived Assets

Changes in the gross carrying value of goodwill and intangible assets result from changes in foreign currency exchange rates, business acquisitions, divestitures and impairment charges. The changes in the carrying amount of goodwill for the years ended August 31, 2025 and 2024 by operating segment are as follows (in thousands):

	IT&S		Other		Total
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
DTA Acquisition	14,684		—		14,684
Impact of changes in foreign currency rates	5,506		—		5,506
Balance as of August 31, 2025	$	278,578	$	11,209	$	289,787

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, 2025						August 31, 2024
		Gross		Accumulated Amortization		Net Book Value		Gross		Accumulated Amortization		Net Book Value
Amortizable intangible assets:
Customer relationships	14	$	115,055	$	104,083	$	10,972	$	109,582	$	99,530	$	10,052
Patents	12	11,193		9,796		1,397		9,916		9,408		508
Developed Technology	7	10,283		1,469		8,814		—		—		—
Trademarks and tradenames	7	7,291		3,100		4,191		2,764		2,308		456
Indefinite lived intangible assets:
Tradenames	N/A	21,568		—		21,568		25,042		—		25,042
		$	165,390	$	118,448	$	46,942	$	147,304	$	111,246	$	36,058

The Company estimates amortization expense for future years to be: $5.8 million in fiscal 2026, $5.7 million in fiscal 2027, $3.6 million in fiscal 2028, $3.5 million in fiscal 2029, $2.6 million in fiscal 2030, $2.0 million in fiscal 2031 and $2.3 million in aggregate thereafter. The future amortization expense amounts represent estimates and may be impacted by future acquisitions, divestitures or changes in foreign currency exchange rates, among other causes.

In conjunction with our annual goodwill impairment assessment, the Company did not record any charges in fiscal 2025 or 2024.