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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
12 Months Ended
Aug. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in the carrying amount of goodwill
Goodwill by reportable segment is detailed in the following table:
(in thousands)North America Steel GroupEmerging Businesses GroupEurope Steel GroupConsolidated
Goodwill, gross:
Balance, September 1, 2023$126,915 $265,012 $4,075 $396,002 
Acquisition adjustments(1)
— (1,808)— (1,808)
Foreign currency translation— 1,364 262 1,626 
Balance at August 31, 2024126,915 264,568 4,337 395,820 
Foreign currency translation— 955 271 1,226 
Balance at August 31, 2025126,915 265,523 4,608 397,046 
Accumulated impairment:
Balance, September 1, 2023(9,542)(493)(146)(10,181)
Foreign currency translation— — (9)(9)
Balance at August 31, 2024(9,542)(493)(155)(10,190)
Foreign currency translation— — (10)(10)
Balance at August 31, 2025(9,542)(493)(165)(10,200)
Goodwill, net:
Balance, September 1, 2023117,373 264,519 3,929 385,821 
Acquisition adjustments(1)
— (1,808)— (1,808)
Foreign currency translation— 1,364 253 1,617 
Balance at August 31, 2024117,373 264,075 4,182 385,630 
Foreign currency translation— 955 261 1,216 
Balance at August 31, 2025$117,373 $265,030 $4,443 $386,846 
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(1) Measurement period adjustments related to the 2023 Acquisitions which impacted the amount of goodwill originally reported.
Schedule of Indefinite-Lived Intangible Assets
Other indefinite-lived intangible assets consisted of the following:
(in thousands)August 31, 2025August 31, 2024
Trade names$54,813 $54,531 
In-process research and development2,400 2,400 
Non-compete agreements750 750 
Total$57,963 $57,681 
Intangible assets subject to amortization
Other intangible assets subject to amortization are detailed in the following table:
 August 31, 2025August 31, 2024
(in thousands)Gross
Carrying Amount
Accumulated AmortizationNetGross
Carrying Amount
Accumulated AmortizationNet
Developed technologies$153,844 $60,882 $92,962 $152,659 $43,540 $109,119 
Customer relationships75,304 24,663 50,641 75,000 16,118 58,882 
Patents9,111 7,338 1,773 7,970 6,595 1,375 
Lease rights6,804 1,200 5,604 6,404 1,049 5,355 
Other6,084 4,212 1,872 5,937 3,480 2,457 
Total$251,147 $98,295 $152,852 $247,970 $70,782 $177,188 
Estimated future amortization expense of intangible assets Estimated amortization expense for the next five years is as follows:
Year Ended August 31,(in thousands)
2026$26,097 
202725,971 
202824,121 
202919,535 
203018,010