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Intangible Assets And Goodwill (Tables)
12 Months Ended
Aug. 31, 2017
Acquired License Rights For Intellectual Property [Abstract]  
Intangible Assets



 

 

 

 

 

 



 

 

 

 

 

 



 

Gross Carrying

 

Accumulated

 

Net Carrying

AUGUST 31, 2017

 

Amount

 

Amortization

 

Amount

Definite-lived intangible assets:

 

 

 

 

 

 

License rights

$

27,750 

$

(17,802)

$

9,948 

Acquired content

 

62,094 

 

(43,864)

 

18,230 

Customer lists

 

20,092 

 

(16,935)

 

3,157 

Acquired technology

 

3,568 

 

(2,136)

 

1,432 

Trade names

 

2,036 

 

(1,163)

 

873 

Non-compete agreements and other

 

758 

 

(104)

 

654 



 

116,298 

 

(82,004)

 

34,294 

Indefinite-lived intangible asset:

 

 

 

 

 

 

Covey trade name

 

23,000 

 

 -

 

23,000 



$

139,298 

$

(82,004)

$

57,294 



 

 

 

 

 

 

AUGUST 31, 2016

 

 

 

 

 

 

Definite-lived intangible assets:

 

 

 

 

 

 

License rights

$

27,000 

$

(16,790)

$

10,210 

Acquired content

 

58,564 

 

(42,175)

 

16,389 

Customer lists

 

16,827 

 

(16,529)

 

298 

Acquired technology

 

2,049 

 

(2,049)

 

 -

Trade names

 

1,250 

 

(951)

 

299 



 

105,690 

 

(78,494)

 

27,196 

Indefinite-lived intangible asset:

 

 

 

 

 

 

Covey trade name

 

23,000 

 

 -

 

23,000 



$

128,690 

$

(78,494)

$

50,196 



Range Of Remaining Estimated Useful Lives And Weighted-Average Amortization



 

 

 

 



 

Category of Intangible Asset

 

 

Range of Remaining Estimated Useful Lives

 

Weighted Average Original Amortization Period



 

 

 

 

License rights

 

5 to 9 years

 

30 years

Acquired content

 

2 to 9 years

 

25 years

Customer lists

 

1 to 10 years

 

12 years

Acquired technology

 

3 years

 

3 years

Trade names

 

1 to 5 years

 

5 years

Non-compete agreements and other

 

1 to 10 years

 

4 years



Amortization Expense For Intangible Assets Over The Next Five Years



 

 



 

 

YEAR ENDING

 

 

AUGUST 31,

 

 

2018

$

5,368 

2019

 

4,790 

2020

 

4,324 

2021

 

3,809 

2022

 

3,498 



Consolidated Goodwill



 

 



 

 

Balance at August 31, 2015

$

19,903 

Accumulated impairments

 

 -

Balance at August 31, 2016

 

19,903 

Acquisition of RGP (Note 2)

 

1,232 

Acquisition of Jhanna (Note 2)

 

3,085 

Accumulated impairments

 

 -

Balance at August 31, 2017

$

24,220 



Schedule Of Allocated Goodwill To Reportable Operating Segments



 

 

 

 

 

 

 



 

 

 

 

 

 

 



 

 

 

 

Allocated

 

 

AUGUST 31,

 

 

2016

 

Goodwill

 

2017

Direct offices

 

$

10,790 

$

2,592 

$

13,382 

Strategic markets

 

 

2,930 

 

513 

 

3,443 

Education practice

 

 

2,176 

 

154 

 

2,330 

International licensees

 

 

4,007 

 

1,058 

 

5,065 



 

$

19,903 

$

4,317 

$

24,220