Goodwill (Tables)

9 Months Ended

May 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Gross Change in Carrying Amount of Goodwill

The gross change in the carrying amount of goodwill for the nine months ended May 31, 2023 was as follows (in thousands):

	Goodwill
August 31, 2022	$	255,198
Additions(1)		14,759
Measurement period adjustments(2)		(725	)
Foreign currency translation adjustment		(637	)
May 31, 2023	$	268,595

(1)Additions to goodwill relate entirely to the ScrapSource business acquired on November 18, 2022 and are exclusive of measurement period adjustments. See Note 3 - Business Acquisitions.

(2)Measurement period adjustments relate to the acquired ScrapSource and Encore Recycling businesses.