XML 43 R29.htm IDEA: XBRL DOCUMENT v3.20.2
Intangible Assets And Goodwill (Tables)
12 Months Ended
Aug. 31, 2020
Intangible Assets And Goodwill [Abstract]  
Intangible Assets



 

 

 

 

 

 



 

 

 

 

 

 



 

Gross Carrying

 

Accumulated

 

Net Carrying

AUGUST 31, 2020

 

Amount

 

Amortization

 

Amount

Finite-lived intangible assets:

 

 

 

 

 

 

Acquired content

$

62,327 

$

(50,749)

$

11,578 

License rights

 

32,137 

 

(21,321)

 

10,816 

Customer lists

 

20,280 

 

(18,926)

 

1,354 

Acquired technology

 

3,568 

 

(3,568)

 

 -

Trade names

 

2,036 

 

(1,759)

 

277 

Non-compete agreements and other

 

759 

 

(659)

 

100 



 

121,107 

 

(96,982)

 

24,125 

Indefinite-lived intangible asset:

 

 

 

 

 

 

Covey trade name

 

23,000 

 

 -

 

23,000 



$

144,107 

$

(96,982)

$

47,125 



 

 

 

 

 

 

AUGUST 31, 2019

 

 

 

 

 

 

Finite-lived intangible assets:

 

 

 

 

 

 

Acquired content

$

62,307 

$

(48,449)

$

13,858 

License rights

 

28,099 

 

(20,063)

 

8,036 

Customer lists

 

20,266 

 

(18,450)

 

1,816 

Acquired technology

 

3,568 

 

(3,149)

 

419 

Trade names

 

2,036 

 

(1,602)

 

434 

Non-compete agreements and other

 

758 

 

(631)

 

127 



 

117,034 

 

(92,344)

 

24,690 

Indefinite-lived intangible asset:

 

 

 

 

 

 

Covey trade name

 

23,000 

 

 -

 

23,000 



$

140,034 

$

(92,344)

$

47,690 



Range Of Remaining Estimated Useful Lives And Weighted-Average Amortization



 

 

 

 



 

Category of Intangible Asset

 

 

Range of Remaining Estimated Useful Lives

 

Weighted Average Original Amortization Period



 

 

 

 

Acquired content

 

1 to 7 years

 

25 years

License rights

 

2 to 9 years

 

26 years

Customer lists

 

1 to  6 years

 

12 years

Acquired technology

 

None

 

3 years

Trade names

 

1 to 3 years

 

5 years

Non-compete agreements and other

 

1 to 7 years

 

4 years



Amortization Expense For Intangible Assets Over The Next Five Years



 

 



 

 

YEAR ENDING

 

 

AUGUST 31,

 

 

2021

$

4,492 

2022

 

4,025 

2023

 

3,054 

2024

 

3,054 

2025

 

3,053 



Schedule Of Reclassified Goodwill From Strategic Market To Direct Office Segment



 

 



 

 

Direct offices

$

16,825 

International licensees

 

5,065 

Education practice

 

2,330 



$

24,220