Goodwill (Tables)

12 Months Ended

Aug. 31, 2017

Schedule of Changes in Carrying Value of Goodwill

Changes in the carrying value of goodwill are as follows:

(In thousands)	Manufacturing		Wheels & Parts		Leasing & Services		Total
Balance August 31, 2016	$	–	$	43,265	$	–	$	43,265
Addition (1)		25,325		–		–		25,325
Balance August 31, 2017	$	25,325	$	43,265	$	–	$	68,590

⁽¹⁾ Addition to goodwill relates to Greenbrier-Astra Rail transaction. See Note 3 – Acquisitions.

(In thousands)	Goodwill
Gross goodwill balance before accumulated goodwill impairment losses and other reductions	$	221,115
Accumulated goodwill impairment losses		(128,209	)
Accumulated other reductions		(24,316	)
Balance August 31, 2017	$	68,590