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Goodwill and Intangibles Assets (Tables)
12 Months Ended
Aug. 31, 2017
Goodwill and Intangibles Assets  
Schedule of changes in the carrying value of goodwill by operating segment

 

 

 

 

 

 

 

 

 

 

 

 

    

Industrial
Materials

    

Construction Materials

    

Consolidated

 

Balance at August 31, 2015

 

$

33,390

 

$

10,733

 

$

44,123

 

Acquisition of Spray Products (India) Private Limited

 

 

107

 

 

 —

 

 

107

 

Foreign currency translation adjustment

 

 

(617)

 

 

(37)

 

 

(654)

 

Balance at August 31, 2016

 

$

32,880

 

$

10,696

 

$

43,576

 

Acquisition of Resin Designs, LLC

 

 

7,592

 

 

 —

 

 

7,592

 

Sale of the fiber optic cable components business

 

 

(409)

 

 

 —

 

 

(409)

 

Foreign currency translation adjustment

 

 

28

 

 

(3)

 

 

25

 

Balance at August 31, 2017

 

$

40,091

 

$

10,693

 

$

50,784

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule of intangible assets subject to amortization

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted Average

 

Gross Carrying

 

Accumulated

 

Net Carrying

 

 

    

Amortization Period

    

Value

    

Amortization

    

Value

 

August 31, 2017

 

 

 

 

 

 

 

 

 

 

 

 

Patents and agreements

 

14.4

years  

$

1,845

 

$

1,671

 

$

174

 

Formulas and technology

 

7.8

years  

 

9,318

 

 

5,387

 

 

3,931

 

Trade names

 

6.0

years  

 

7,709

 

 

5,813

 

 

1,896

 

Customer lists and relationships

 

9.6

years  

 

70,180

 

 

29,335

 

 

40,845

 

 

 

 

 

$

89,052

 

$

42,206

 

$

46,846

 

 

 

 

 

 

 

 

 

 

 

 

 

 

August 31, 2016

 

 

 

 

 

 

 

 

 

 

 

 

Patents and agreements

 

14.5

years  

$

1,805

 

$

1,663

 

$

142

 

Formulas and technology

 

8.4

years  

 

8,248

 

 

4,310

 

 

3,938

 

Trade names

 

5.9

years  

 

7,137

 

 

4,909

 

 

2,228

 

Customer lists and relationships

 

9.4

years  

 

52,742

 

 

22,470

 

 

30,272

 

 

 

 

 

$

69,932

 

$

33,352

 

$

36,580

 

 

Schedule of estimated amortization expense related to intangible assets

 

 

 

 

 

Years ending August 31,

    

 

 

 

2018

 

 

9,110

 

2019

 

 

8,441

 

2020

 

 

7,574

 

2021

 

 

7,044

 

2022

 

 

6,164