CHANGES IN BUSINESS (Tables)

12 Months Ended

Aug. 31, 2023

The table below presents the fair values that were allocated to Tensar's assets and liabilities as of the Tensar Acquisition Date:


(in thousands)	Fair Value
Cash and cash equivalents	$	19,551
Accounts receivable	37,741
Inventories	39,462
Prepaid and other current assets	12,528
Defined benefit pension plan	14,620
Property, plant and equipment	85,983
Intangible assets	260,500
Goodwill	186,805
Other noncurrent assets	19,660
Accounts payable	(12,134)
Accrued expenses and other payables	(23,725)
Current maturities of long-term debt	(3,277)
Deferred income taxes	(45,055)
Other noncurrent liabilities	(16,347)
Long-term debt	(4,312)
Total assets acquired and liabilities assumed	$	572,000

The resulting tax effects of the business combination are also reflected below.