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Goodwill and Intangibles (Tables)
6 Months Ended
Feb. 28, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in goodwill
The following details changes in the carrying amount of our goodwill by reportable segment during the six months ended February 28, 2014:
($ in thousands)
University of
Phoenix
 
Apollo
Global
 
Other
 
Total
Goodwill as of August 31, 2013
$
71,812

 
$
14,917

 
$
16,891

 
$
103,620

Open Colleges acquisition

 
127,656

 

 
127,656

Currency translation adjustment

 
1,761

 

 
1,761

Goodwill as of February 28, 2014
$
71,812

 
$
144,334

 
$
16,891

 
$
233,037

Intangible assets
Intangible assets consist of the following as of the respective periods:
 
February 28, 2014
 
August 31, 2013
($ in thousands)
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Effect of
Foreign
Currency
Translation
Gain (Loss)
 
Net
Carrying
Amount
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Effect of
Foreign
Currency
Translation
Loss
 
Net
Carrying
Amount
Software and technology
$
42,389

 
$
(20,912
)
 
$

 
$
21,477

 
$
42,389

 
$
(16,673
)
 
$

 
$
25,716

Accreditations and designations(1)
21,628

 
(733
)
 
288

 
21,183

 

 

 

 

Trademarks(1)
17,919

 
(300
)
 
242

 
17,861

 

 

 

 

Curriculum(1)
15,790

 
(661
)
 
210

 
15,339

 

 

 

 

Student and customer relationships(1)
15,264

 
(7,612
)
 
(1,282
)
 
6,370

 
12,026

 
(7,727
)
 
(1,363
)
 
2,936

Other
20,891

 
(19,408
)
 
(695
)
 
788

 
20,891

 
(18,706
)
 
(777
)
 
1,408

Total finite-lived intangibles
133,881

 
(49,626
)
 
(1,237
)
 
83,018

 
75,306

 
(43,106
)
 
(2,140
)
 
30,060

Trademarks
100,736

 

 
526

 
101,262

 
100,736

 

 
(5,347
)
 
95,389

Accreditations and designations
7,260

 

 
(197
)
 
7,063

 
7,260

 

 
(517
)
 
6,743

Total indefinite-lived intangibles
107,996

 

 
329

 
108,325

 
107,996

 

 
(5,864
)
 
102,132

Total intangible assets, net
$
241,877

 
$
(49,626
)
 
$
(908
)
 
$
191,343

 
$
183,302

 
$
(43,106
)
 
$
(8,004
)
 
$
132,192

(1) We acquired certain intangibles during the second quarter of fiscal year 2014 as a result of our acquisition of Open Colleges. Refer to Note 4, Acquisitions.
Future intangibles amortization
As of February 28, 2014, the estimated future amortization expense of our finite-lived intangibles is as follows:
($ in thousands)
 
Remainder of fiscal year 2014
$
12,969

2015
22,054

2016
18,968

2017
10,538

2018
7,411

2019
3,207

Thereafter
7,871

Total estimated future amortization expense(1)
$
83,018

(1) Estimated future amortization expense may vary as acquisitions and dispositions occur in the future and as a result of foreign currency translation adjustments.