v3.20.4

GOODWILL AND INTANGIBLE ASSETS | 3 Months Ended
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Nov. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets Disclosure | 6. Goodwill and Intangible Assets Goodwill The changes in the carrying amount of goodwill by reportable operating segment are as follows:
| August 31, 2020 |  | Additions/ Adjustments |  | Foreign Currency Translation |  | November 30, 2020
North America | $ | 4,604,441 |  |  | $ | 225,619 |  |  | $ | 647 |  |  | $ | 4,830,707 |
Europe | 2,138,088 |  |  | 120,090 |  |  | 9,356 |  |  | 2,267,534 |
Growth Markets | 967,291 |  |  | 48,909 |  |  | 12,970 |  |  | 1,029,170 |
Total | $ | 7,709,820 |  |  | $ | 394,618 |  |  | $ | 22,973 |  |  | $ | 8,127,411 |
Goodwill includes immaterial adjustments related to prior period acquisitions. Intangible Assets Our definite-lived intangible assets by major asset class are as follows:
|  | August 31, 2020 |  | November 30, 2020
Intangible Asset Class |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Customer-related |  | $ | 1,319,332 |  |  | $ | (495,367) |  |  | $ | 823,965 |  |  | $ | 1,386,214 |  |  | $ | (527,370) |  |  | $ | 858,844 |
Technology |  | 150,765 |  |  | (55,543) |  |  | 95,222 |  |  | 170,600 |  |  | (56,977) |  |  | 113,623 |
Patents |  | 129,295 |  |  | (66,954) |  |  | 62,341 |  |  | 128,399 |  |  | (65,928) |  |  | 62,471 |
Other |  | 82,676 |  |  | (34,986) |  |  | 47,690 |  |  | 82,622 |  |  | (36,575) |  |  | 46,047 |
Total |  | $ | 1,682,068 |  |  | $ | (652,850) |  |  | $ | 1,029,218 |  |  | $ | 1,767,835 |  |  | $ | (686,850) |  |  | $ | 1,080,985 |
Total amortization related to our intangible assets was $67,207 and $53,372 for the three months ended November 30, 2020 and 2019, respectively. Estimated future amortization related to intangible assets held as of November 30, 2020 is as follows:
Fiscal Year |  | Estimated Amortization
Remainder of 2021 |  | $ | 179,796 |
2022 |  | 198,541 |
2023 |  | 178,958 |
2024 |  | 158,361 |
2025 |  | 138,373 |
Thereafter |  | 226,956 |
Total |  | $ | 1,080,985 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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