GOODWILL AND OTHER INTANGIBLES

3 Months Ended

Nov. 30, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

NOTE 6. GOODWILL AND OTHER INTANGIBLES

Goodwill by reportable segment at November 30, 2021 is detailed in the following table:



(in thousands)	North America		Europe		Consolidated
Goodwill, gross*	$	71,941	$	4,094	$	76,035
Accumulated impairment*	(10,036)		(147)		(10,183)
Goodwill, net*	$	61,905	$	3,947	$	65,852

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* The change in balance from August 31, 2021 was immaterial.

The total gross carrying amounts of the Company's intangible assets subject to amortization were $21.3 million and $21.7 million, and the total net carrying amounts were $9.3 million and $10.1 million at November 30, 2021 and August 31, 2021, respectively. These assets were included in other noncurrent assets on the Company's condensed consolidated balance sheets. Intangible amortization expense from continuing operations related to such intangible assets was immaterial for the three months ended November 30, 2021 and 2020. Excluding goodwill, the Company did not have any significant intangible assets with indefinite lives at November 30, 2021.