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Goodwill And Other Intangible Assets | 3 Months Ended
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Nov. 30, 2022
Goodwill And Other Intangible Assets [Abstract] |
Goodwill And Other Intangible Assets | Note 5. Goodwill and Other Intangible Assets Goodwill The following table summarizes the changes in the carrying amounts of goodwill by segment (in thousands):
| Americas |  | EMEA |  | Asia-Pacific |  | Total
Balance as of August 31, 2022 | $ | 85,402 |  | $ | 8,569 |  | $ | 1,209 |  | $ | 95,180
Translation adjustments |  | 10 |  |  | 87 |  |  | - |  |  | 97
Balance as of November 30, 2022 | $ | 85,412 |  | $ | 8,656 |  | $ | 1,209 |  | $ | 95,277
There were no indicators of impairment identified as a result of the Company’s review of events and circumstances related to its goodwill subsequent to December 1, 2021, the date of its most recent annual goodwill impairment test, which was a qualitative assessment conducted during the second quarter of fiscal year 2022. Based on the results of the annual goodwill impairment test, the estimated fair value of each of the Company’s reporting units exceeded their respective carrying values so significantly that an impairment charge to the Company’s goodwill balances is remote and, thus, a quantitative analysis was not required. To date, there have been no impairment losses identified and recorded related to the Company’s goodwill. Definite-lived Intangible Assets The Company’s definite-lived intangible assets, which include the Spot Shot, Carpet Fresh, 1001, EZ REACH and GT85 trade names, are included in other intangible assets, net in the Company’s condensed consolidated balance sheets. The following table summarizes the definite-lived intangible assets and the related accumulated amortization (in thousands):
| November 30, |  | August 31,
| 2022 |  | 2022
Gross carrying amount | $ | 35,382 |  | $ | 35,166
Accumulated amortization |  | (30,020) |  |  | (29,578)
Net carrying amount | $ | 5,362 |  | $ | 5,588
There has been no impairment charge for the three months ended November 30, 2022 and there were no indicators of impairment identified as a result of the Company’s review of events and circumstances related to its existing definite-lived intangible assets. Changes in the carrying amounts of definite-lived intangible assets by segment for the three months ended November 30, 2022 are summarized below (in thousands):
| Americas |  | EMEA |  | Asia-Pacific |  | Total
Balance as of August 31, 2022 | $ | 4,437 |  | $ | 1,151 |  | $ | - |  | $ | 5,588
Amortization expense |  | (207) |  |  | (46) |  |  | - |  |  | (253)
Translation adjustments |  | - |  |  | 27 |  |  | - |  |  | 27
Balance as of November 30, 2022 | $ | 4,230 |  | $ | 1,132 |  | $ | - |  | $ | 5,362
The estimated amortization expense for the Company’s definite-lived intangible assets is not significant in any future individual fiscal year. ‎

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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 https://asc.fasb.org/topic&trid=2144416 + Details
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