Goodwill and Other Intangible Assets (Tables)

6 Months Ended

Feb. 29, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Asset Impairment Charges [Table Text Block]

A summary of the second quarter fiscal 2016 impairment charge by reporting unit is as follows (in thousands):

	Cortland		Viking		maximatecc		Total
Goodwill	$	34,502	$	39,099	$	44,521	$	118,122
Indefinite lived intangible assets	2,211		13,289		1,153		16,653
Amortizable intangible assets	—		27,952		—		27,952
Fixed assets	—		23,784		—		23,784
	$	36,713	$	104,124	$	45,674	$	186,511

Schedule of Goodwill

The changes in the carrying value of goodwill for the six months ended February 29, 2016 are as follows (in thousands):

	Industrial			Energy			Engineered Solutions			Total
Balance as of August 31, 2015	$	92,107		$	236,450		$	279,699		$	608,256
Business acquisition	7,210			—			—			7,210
Impairment charge	—			(73,919		)	(44,543		)	(118,462		)
Impact of changes in foreign currency rates	(885		)	(7,884		)	(1,882		)	(10,651		)
Balance as of February 29, 2016	$	98,432		$	154,647		$	233,274		$	486,353

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 29, 2016						August 31, 2015
	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	$	298,079	$	165,990	$	132,089	$	302,518	$	132,007	$	170,511
Patents	10	30,493		21,020		9,473		30,899		19,928		10,971
Trademarks and tradenames	18	21,344		7,584		13,760		21,604		7,055		14,549
Other intangibles	3	6,172		5,985		187		6,790		6,496		294
Indefinite lived intangible assets:
Tradenames	N/A	95,026		—		95,026		112,437		—		112,437
		$	451,114	$	200,579	$	250,535	$	474,248	$	165,486	$	308,762