GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

12 Months Ended

Aug. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in the carrying amount of goodwill

Goodwill by reportable segment is detailed in the following table:

(in thousands)		North America		Europe		Consolidated
Goodwill, gross:
Balance, September 1, 2021		$	71,941	$	4,390	$	76,331
	Acquisitions	144,118		42,687		186,805
	Foreign currency translation	—		(3,962)		(3,962)
Balance at August 31, 2022		216,059		43,115		259,174
	Acquisitions	135,382		—		135,382
	Foreign currency translation	—		1,446		1,446
Balance at August 31, 2023		351,441		44,561		396,002
Accumulated impairment:
Balance, September 1, 2021		(10,036)		(158)		(10,194)
	Foreign currency translation	—		29		29
Balance at August 31, 2022		(10,036)		(129)		(10,165)
	Foreign currency translation	—		(16)		(16)
Balance at August 31, 2023		(10,036)		(145)		(10,181)
Goodwill, net:
Balance, September 1, 2021		61,905		4,232		66,137
	Acquisitions	144,118		42,687		186,805
	Foreign currency translation	—		(3,933)		(3,933)
Balance at August 31, 2022		206,023		42,986		249,009
	Acquisitions	135,382		—		135,382
	Foreign currency translation	—		1,430		1,430
Balance at August 31, 2023		$	341,405	$	44,416	$	385,821

Schedule of Indefinite-Lived Intangible Assets

Other indefinite-lived intangible assets consisted of the following:

(in thousands)	August 31, 2023		August 31, 2022
Trade names	$	54,056	$	53,633
In-process research and development	2,400		2,400
Non-compete agreements	750		750
Total	$	57,206	$	56,783

Intangible assets subject to amortization

Other intangible assets subject to amortization are detailed in the following table:

	August 31, 2023						August 31, 2022
(in thousands)	Gross Carrying Amount		Accumulated Amortization		Net		Gross Carrying Amount		Accumulated Amortization		Net
Developed technologies	$	150,445	$	25,228	$	125,217	$	147,040	$	6,485	$	140,555
Customer relationships	74,582		7,606		66,976		53,115		2,116		50,999
Patents	7,203		5,570		1,633		7,203		4,596		2,607
Perpetual lease rights	5,984		910		5,074		3,584		744		2,840
Trade names	3,287		1,129		2,158		3,212		764		2,448
Non-compete agreements	2,300		1,502		798		3,050		1,135		1,915
Other	224		125		99		101		99		2
Total	$	244,025	$	42,070	$	201,955	$	217,305	$	15,939	$	201,366

Estimated future amortization expense of intangible assets

Estimated amortization expense for the next five years is as follows:

Year Ended August 31,	(in thousands)
2024	$	28,195
2025	26,464
2026	25,250
2027	25,142
2028	23,484