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Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Feb. 28, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The changes in the carrying value of goodwill for the six months ended February 28, 2014 are as follows (in thousands):
 
 
Industrial
 
Energy
 
Engineered
Solutions
 
Total
Balance as of August 31, 2013
 
$
82,611

 
$
341,903

 
$
310,438

 
$
734,952

Purchase accounting adjustments
 

 
(18
)
 

 
(18
)
Impact of changes in foreign currency rates
 
1,376

 
10,729

 
2,743

 
14,848

Balance as of February 28, 2014
 
$
83,987

 
$
352,614

 
$
313,181

 
$
749,782

Schedule Of Finite Lived And Indefinite Lived Intangible Assets Table
The gross carrying value and accumulated amortization of the Company’s other intangible assets are as follows (in thousands):
 
 
 
 
February 28, 2014
 
August 31, 2013
 
 
Weighted Average
Amortization
Period (Years)
 
Gross
Carrying
Value
 
Accumulated
Amortization
 
Net
Book
Value
 
Gross
Carrying
Value
 
Accumulated
Amortization
 
Net
Book
Value
Amortizable intangible assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Customer relationships
 
15
 
$
325,469

 
$
108,073

 
$
217,396

 
$
318,143

 
$
95,215

 
$
222,928

Patents
 
11
 
30,978

 
20,117

 
10,861

 
30,564

 
18,747

 
11,817

Trademarks and tradenames
 
18
 
24,288

 
8,132

 
16,156

 
24,088

 
7,356

 
16,732

Non-compete agreements and other
 
4
 
7,178

 
6,716

 
462

 
7,034

 
6,458

 
576

Indefinite lived intangible assets:
 

 

 

 

 

 

 

Tradenames
 
N/A
 
127,159

 

 
127,159

 
124,639

 

 
124,639

 
 
 
 
$
515,072

 
$
143,038

 
$
372,034

 
$
504,468

 
$
127,776

 
$
376,692