Acquisition (Tables)

6 Months Ended

Feb. 28, 2021

Business Combinations [Abstract]

Purchase price allocation

The preliminary estimated acquisition date fair values of major classes of assets acquired and liabilities assumed are as follows:

	Estimated Acquisition Date Fair Value		Estimated Acquisition Date Useful Life	Amortization Method
	(in thousands)		(in years)
Current assets	$	812
Amortizable intangible assets
Software technology	8,100		7 years	Straight-line
Client relationships	900		12 years	Straight-line
Trade names	2,800		15 years	Straight-line
Goodwill	30,058
Other non-current assets	5,299
Current liabilities	(3,069)
Other non-current liabilities	(2,984)
Total purchase price	$	41,916