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Goodwill and Other Intangible Assets (Tables)
3 Months Ended
Nov. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Carrying Amount of Goodwill

The changes in the carrying amount of goodwill are as follows (in thousands):

 

Balance as of August 31, 2024

 

$

648,850

 

Goodwill recorded during the period

 

 

1,223

 

Other

 

 

(183

)

Balance as of November 30, 2024

 

$

649,890

 

Schedule of Intangible Assets, Net

Intangible assets, net in the Company’s Consolidated Balance Sheets are as follows (in thousands):

 

 

 

Gross Carrying
Amount

 

 

Accumulated
Amortization

 

 

Net Carrying
Amount

 

November 30, 2024

 

 

 

 

 

 

 

 

 

Customer contracts

 

$

315,632

 

 

$

232,075

 

 

$

83,557

 

Software

 

 

79,105

 

 

 

51,331

 

 

 

27,774

 

Other intangible assets

 

 

39,755

 

 

 

36,656

 

 

 

3,099

 

 

 

$

434,492

 

 

$

320,062

 

 

$

114,430

 

 

 

 

 

 

 

 

 

 

 

August 31, 2024

 

 

 

 

 

 

 

 

 

Customer contracts

 

$

314,446

 

 

$

228,456

 

 

$

85,990

 

Software

 

 

81,482

 

 

 

51,023

 

 

 

30,459

 

Other intangible assets

 

 

39,826

 

 

 

36,276

 

 

 

3,550

 

 

 

$

435,754

 

 

$

315,755

 

 

$

119,999