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Goodwill and Other Intangible Assets (Tables)
3 Months Ended
Nov. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
Changes in the gross carrying value of intangible assets and goodwill can result from changes in foreign currency exchange rates, business acquisitions, divestitures or impairment charges. The changes in the carrying amount of goodwill for the three months ended November 30, 2017 are as follows (in thousands):
 
Industrial
 
Energy
 
Engineered Solutions
 
Total
Balance as of August 31, 2017
$
103,875

 
$
188,830

 
$
237,376

 
$
530,081

Impact of changes in foreign currency rates
65

 
1,925

 
(617
)
 
1,373

Balance as of November 30, 2017
$
103,940

 
$
190,755

 
$
236,759

 
$
531,454

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):
 
 
 
November 30, 2017
 
August 31, 2017
 
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
 
$
264,409

 
$
158,245

 
$
106,164

 
$
263,498

 
$
153,003

 
$
110,495

Patents
10
 
30,448

 
24,476

 
5,972

 
30,401

 
24,027

 
6,374

Trademarks and tradenames
18
 
21,324

 
9,637

 
11,687

 
21,498

 
9,396

 
12,102

Other intangibles
3
 
6,712

 
6,328

 
384

 
6,672

 
6,234

 
438

Indefinite lived intangible assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
Tradenames
N/A
 
91,825

 

 
91,825

 
91,080

 

 
91,080

 
 
 
$
414,718

 
$
198,686

 
$
216,032

 
$
413,149

 
$
192,660

 
$
220,489