GOODWILL AND OTHER INTANGIBLES

6 Months Ended

Feb. 28, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

NOTE 6. GOODWILL AND OTHER INTANGIBLES

Goodwill by reportable segment at February 28, 2022 is detailed in the following table:



(in thousands)	North America		Europe		Consolidated
Goodwill, gross (1)	$	71,941	$	4,014	$	75,955
Accumulated impairment (1)	(10,036)		(144)		(10,180)
Goodwill, net (1)	$	61,905	$	3,870	$	65,775

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(1) 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 $20.2 million and $21.7 million, and the total net carrying amounts were $8.7 million and $10.1 million at February 28, 2022 and August 31, 2021, respectively. These assets were included in other noncurrent assets on the Company's condensed consolidated balance sheets. Amortization expense from continuing operations related to such intangible assets was immaterial for the three and six months ended February 28, 2022 and 2021. Excluding goodwill, the Company did not have any significant intangible assets with indefinite lives at February 28, 2022.