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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Aug. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in Carrying Value of Goodwill
The changes in the carrying amount of goodwill for the years ended August 31, 2013 and 2012 are as follows (in thousands):
 
 
Industrial
 
Energy
 
Electrical
 
Engineered
Solutions
 
Total
Balance as of August 31, 2011
 
$
85,409

 
$
252,285

 
$
260,777

 
$
289,995

 
$
888,466

Businesses acquired
 

 
14,101

 

 
26,188

 
40,289

Purchase accounting adjustments
 

 

 
(3,995
)
 
715

 
(3,280
)
Impairment charge
 

 

 
(36,557
)
 

 
(36,557
)
Impact of changes in foreign currency rates
 
(4,005
)
 
(6,865
)
 
(6,355
)
 
(5,281
)
 
(22,506
)
Balance as of August 31, 2012
 
81,404

 
259,521

 
213,870

 
311,617

 
866,412

Business acquired
 

 
87,734

 

 

 
87,734

Purchase accounting adjustments
 

 
117

 

 
(100
)
 
17

Impairment charge
 

 

 
(137,804
)
 

 
(137,804
)
Reclassification to discontinued operations
 

 

 
(76,877
)
 

 
(76,877
)
Divestiture of Nielsen Sessions business
 

 

 

 
(2,556
)
 
(2,556
)
Impact of changes in foreign currency rates
 
1,207

 
(5,469
)
 
811

 
1,477

 
(1,974
)
Balance as of August 31, 2013
 
$
82,611

 
$
341,903

 
$

 
$
310,438

 
$
734,952

Gross Carrying Amount and Accumulated Amortization of Intangible Assets
The gross carrying amount and accumulated amortization of the Company’s intangible assets are as follows (in thousands):
 
 
Weighted
Average
Amortization
Period (Years)
 
August 31, 2013
 
August 31, 2012
 
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net Book
Value
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net Book
Value
Amortizable intangible assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Customer relationships
 
15
 
$
318,143

 
$
95,215

 
$
222,928

 
$
347,739

 
$
93,768

 
$
253,971

Patents
 
11
 
30,564

 
18,747

 
11,817

 
52,851

 
34,842

 
18,009

Trademarks and tradenames
 
19
 
24,088

 
7,356

 
16,732

 
43,820

 
8,670

 
35,150

Non-compete agreements and other
 
4
 
7,034

 
6,458

 
576

 
7,677

 
6,316

 
1,361

Indefinite lived intangible assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Tradenames
 
N/A
 
124,639

 

 
124,639

 
137,393

 

 
137,393

 
 
 
 
$
504,468

 
$
127,776

 
$
376,692

 
$
589,480

 
$
143,596

 
$
445,884