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Acquisitions (Tables)
 6 Months Ended
Feb. 28, 2014
Business Combinations [Abstract]  
Acquisitions
We accounted for the acquisition as a business combination and allocated the purchase price to the assets acquired and liabilities assumed at fair value as summarized below:
($ in thousands)
 
Net working capital deficit
$
(10,979
)
Property and equipment
2,684

Intangibles:
 
Course designations (5 year useful life)
20,652

Trademark (10 year useful life)
17,919

Course curriculum (4 year useful life)
15,790

Customer relationships (1 year useful life)
5,238

Accreditations (4 year useful life)
976

Goodwill
127,656

Deferred taxes, net
(9,279
)
Total assets acquired and liabilities assumed
170,657

Less: Fair value of redeemable noncontrolling interests
(51,197
)
Total fair value of consideration transferred
119,460

Less: Fair value of contingent consideration
(21,371
)
Less: Cash acquired
(3,152
)
Cash paid for acquisition, net of cash acquired
$
94,937