Other Assets (Tables)

12 Months Ended

Aug. 31, 2018

Other Assets [Abstract]

Schedule of Other Assets

Other assets as of August 31, 2018, and 2017, are as follows:

	2018		(As Restated) 2017
	(Dollars in thousands)
Goodwill	$	138,464	$	138,454
Customer lists, trademarks and other intangible assets	29,338		33,330
Notes receivable	211,986		51,586
Deferred purchase price receivable	—		345,655
Long-term derivative assets	23,084		40,897
Prepaid pension and other benefits	101,539		122,433
Capitalized major maintenance	130,780		105,006
Cash value life insurance	123,010		118,677
Other	76,128		124,343
	$	834,329	$	1,080,381

Changes in the Net Carrying Amount of Goodwill

Changes in the net carrying amount of goodwill for the years ended August 31, 2018, and 2017, by segment, are as follows:

	Energy		Ag			Corporate and Other			Total
	(Dollars in thousands)
Balances, August 31, 2016 - As previously reported	$	552	$	148,916		$	10,946		$	160,414
Cumulative restatement adjustments	—		(16,130		)	—			(16,130		)
Balances, August 31, 2016 - As restated	552		132,786			10,946			144,284
Effect of foreign currency translation adjustments	—		352			—			352
Impairment	—		(5,542		)	—			(5,542		)
Other	—		(268		)	(372		)	(640		)
Balances, August 31, 2017 - As restated	$	552	$	127,328		$	10,574		$	138,454
Effect of foreign currency translation adjustments	—		10			—			10
Other	—		—			—			—
Balances, August 31, 2018	$	552	$	127,338		$	10,574		$	138,464

Schedule of Intangible Assets included in Other Assets

Information regarding intangible assets included in other assets on our Consolidated Balance Sheets is as follows:

	August 31, 2018							August 31, 2017
	Carrying Amount		Accumulated Amortization			Net		Carrying Amount		Accumulated Amortization			Net
	(Dollars in thousands)
Customer lists	$	40,815	$	(13,082	)	$	27,733	$	46,180	$	(14,695	)	$	31,485
Trademarks and other intangible assets	6,536		(4,931		)	1,605		23,623		(21,778		)	1,845
Total intangible assets	$	47,351	$	(18,013	)	$	29,338	$	69,803	$	(36,473	)	$	33,330

Estimated Amortization Expense Related to Intangible Assets Subject to Amortization

The estimated annual amortization expense related to intangible assets subject to amortization for the next five years is as follows:

	(Dollars in thousands)
2019	$	3,355
2020	3,272
2021	3,201
2022	2,989
2023	2,910
Thereafter	13,515
Total	$	29,242

Activity Related to Capitalized Major Maintenance Costs at Refineries

Activity related to capitalized major maintenance costs at our refineries for the years ended August 31, 2018, 2017, and 2016, is summarized below:

	Balance at Beginning of Year		Cost Deferred		Amortization			Balance at End of Year
	(Dollars in thousands)
2018	$	105,006	$	87,460	$	(61,686	)	$	130,780
2017	169,054		3,010		(67,058		)	105,006
2016	241,588		949		(73,483		)	169,054