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GOODWILL AND OTHER INTANGIBLES (Tables)
3 Months Ended
Nov. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in the carrying amount of goodwill
Goodwill by reportable segment is detailed in the table below:

(in thousands)North America Steel GroupEurope Steel GroupEmerging Businesses GroupConsolidated
Goodwill, gross
Balance, September 1, 2024$126,915 $4,337 $264,568 $395,820 
Foreign currency translation— (200)(1,188)(1,388)
Balance, November 30, 2024126,915 4,137 263,380 394,432 
Accumulated impairment
Balance, September 1, 2024(9,542)(155)(493)(10,190)
Foreign currency translation— — 
Balance, November 30, 2024(9,542)(148)(493)(10,183)
Goodwill, net
Balance, September 1, 2024117,373 4,182 264,075 385,630 
Foreign currency translation— (193)(1,188)(1,381)
Balance, November 30, 2024$117,373 $3,989 $262,887 $384,249 
Schedule of Indefinite-Lived Intangible Assets
Other indefinite-lived intangible assets consisted of the following:
(in thousands)November 30, 2024August 31, 2024
Trade names$54,110 $54,531 
In-process research and development2,400 2,400 
Non-compete agreements750 750 
Total$57,260 $57,681 
Schedule of Finite-Lived Intangible Assets
Other intangible assets subject to amortization are detailed in the following table:
 November 30, 2024August 31, 2024
(in thousands)Gross
Carrying Amount
Accumulated AmortizationNetGross
Carrying Amount
Accumulated AmortizationNet
Developed technologies$152,375 $47,614 $104,761 $152,659 $43,540 $109,119 
Customer relationships74,641 18,116 56,525 75,000 16,118 58,882 
Patents8,055 6,850 1,205 7,970 6,595 1,375 
Perpetual lease rights6,108 1,019 5,089 6,404 1,049 5,355 
Trade names3,445 1,550 1,895 3,413 1,474 1,939 
Non-compete agreements2,300 1,948 352 2,300 1,859 441 
Other224 158 66 224 147 77 
Total$247,148 $77,255 $169,893 $247,970 $70,782 $177,188 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense Estimated amortization expense for intangible assets for the next five years is as follows:
(in thousands)
Remainder of 2025
$19,947 
202625,531 
202725,434 
202823,708 
202919,135