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Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Aug. 31, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in Goodwill Allocated to Reportable Segments

The following table presents the changes in goodwill allocated to the Company’s reportable segments, Electronics Manufacturing Services (“EMS”) and Diversified Manufacturing Services (“DMS”), during the fiscal years ended August 31, 2019 and 2018 (in thousands):

	EMS				DMS				Total
Balance as of August 31, 2017	$	52,574			$	555,610			$	608,184
Acquisitions and adjustments(1)	30,763				(8,186		)		22,577
Change in foreign currency exchange rates	(667		)		(2,349		)		(3,016		)
Balance as of August 31, 2018	82,670				545,075				627,745
Change in foreign currency exchange rates	(702		)		(4,788		)		(5,490		)
Balance as of August 31, 2019	$	81,968			$	540,287			$	622,255

⁽¹⁾  Includes $8.2 million of goodwill reallocated between DMS and EMS during fiscal year 2018.

Schedule of Intangible Assets and Goodwill

The following table is a summary of the Company’s gross goodwill balances and accumulated impairments as of the periods indicated (in thousands):

	August 31, 2019								August 31, 2018
	Gross Carrying Amount				Accumulated Impairment				Gross Carrying Amount				Accumulated Impairment
Goodwill	$	1,642,077			$	1,019,822			$	1,647,567			$	1,019,822

The following table presents the Company’s total purchased intangible assets as of August 31, 2019 and 2018 (in thousands):

	Weighted Average Amortization Period (in years)		August 31, 2019												August 31, 2018
			Gross Carrying Amount				Accumulated Amortization				Net Carrying Amount				Gross Carrying Amount				Accumulated Amortization				Net Carrying Amount
Contractual agreements and customer relationships	12		$	292,797			$	(175,199	)		$	117,598			$	289,947			$	(153,415	)		$	136,532
Intellectual property	6		173,771				(157,606		)		16,165				168,181				(148,672		)		19,509
Finite-lived trade names	Not applicable		77,536				(5,036		)		72,500				5,091				(5,091		)		—
Trade names	Indefinite		50,590				—				50,590				123,090				—				123,090
Total intangible assets	11		$	594,694			$	(337,841	)		$	256,853			$	586,309			$	(307,178	)		$	279,131

Estimated Future Amortization Expense

The estimated future amortization expense is as follows (in thousands):

Fiscal Year Ended August 31,
2020	$	54,165
2021	43,780
2022	28,291
2023	25,877
2024	10,976
Thereafter	43,174
Total	$	206,263

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