Goodwill and Other Intangible Assets (Tables)

3 Months Ended

Nov. 30, 2012

Changes in Carrying Value of Goodwill

The changes in the carrying value of goodwill for the three months ended November 30, 2012 are as follows (in thousands):

	Industrial		Energy		Electrical		Engineered Solutions		Total
Balance as of August 31, 2012	$	81,404	$	259,521	$	213,870	$	311,617	$	866,412
Purchase accounting adjustments		—		—		—		87		87
Impact of changes in foreign currency rates		1,044		2,020		777		1,358		5,199
Balance as of November 30, 2012	$	82,448	$	261,541	$	214,647	$	313,062	$	871,698

Gross Carrying Amount and Accumulated Amortization of Other Intangible Assets

The gross carrying value and accumulated amortization of the Company’s other intangible assets are as follows (in thousands):

	Weighted		November 30, 2012						August 31, 2012
	Average		Gross				Net		Gross				Net
	Amortization		Carrying		Accumulated		Book		Carrying		Accumulated		Book
	Period (Years)		Value		Amortization		Value		Value		Amortization		Value
Amortizable intangible assets:
Customer relationships		15	$	349,873	$	100,296	$	249,577	$	347,739	$	93,768	$	253,971
Patents		13		53,042		35,865		17,177		52,851		34,842		18,009
Trademarks and tradenames		19		43,690		9,357		34,333		43,820		8,670		35,150
Non-compete agreements and other		4		7,734		6,590		1,144		7,677		6,316		1,361
Indefinite lived intangible assets:
Tradenames		N/A		137,957		—		137,957		137,393		—		137,393
			$	592,296	$	152,108	$	440,188	$	589,480	$	143,596	$	445,884