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Intangible Assets And Goodwill (Tables)
12 Months Ended
Aug. 31, 2019
Intangible Assets And Goodwill [Abstract]  
Intangible Assets



 

 

 

 

 

 



 

 

 

 

 

 



 

Gross Carrying

 

Accumulated

 

Net Carrying

AUGUST 31, 2019

 

Amount

 

Amortization

 

Amount

Finite-lived intangible assets:

 

 

 

 

 

 

License rights

$

28,099 

$

(20,063)

$

8,036 

Acquired content

 

62,307 

 

(48,449)

 

13,858 

Customer lists

 

20,266 

 

(18,450)

 

1,816 

Acquired technology

 

3,568 

 

(3,149)

 

419 

Trade names

 

2,036 

 

(1,602)

 

434 

Non-compete agreements and other

 

758 

 

(631)

 

127 



 

117,034 

 

(92,344)

 

24,690 

Indefinite-lived intangible asset:

 

 

 

 

 

 

Covey trade name

 

23,000 

 

 -

 

23,000 



$

140,034 

$

(92,344)

$

47,690 



 

 

 

 

 

 

AUGUST 31, 2018

 

 

 

 

 

 

Finite-lived intangible assets:

 

 

 

 

 

 

License rights

$

27,750 

$

(18,889)

$

8,861 

Acquired content

 

62,102 

 

(46,147)

 

15,955 

Customer lists

 

20,092 

 

(17,835)

 

2,257 

Acquired technology

 

3,568 

 

(2,642)

 

926 

Trade names

 

2,036 

 

(1,441)

 

595 

Non-compete agreements and other

 

758 

 

(418)

 

340 



 

116,306 

 

(87,372)

 

28,934 

Indefinite-lived intangible asset:

 

 

 

 

 

 

Covey trade name

 

23,000 

 

 -

 

23,000 



$

139,306 

$

(87,372)

$

51,934 



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

 

3 to 8 years

 

29 years

Acquired content

 

2 to 8 years

 

25 years

Customer lists

 

2 to  8 years

 

12 years

Acquired technology

 

1 year

 

3 years

Trade names

 

1 to 4 years

 

5 years

Non-compete agreements and other

 

1 to 9 years

 

4 years



Amortization Expense For Intangible Assets Over The Next Five Years



 

 



 

 

YEAR ENDING

 

 

AUGUST 31,

 

 

2020

$

4,564 

2021

 

4,049 

2022

 

3,557 

2023

 

2,612 

2024

 

2,612 



Schedule Of Reclassified Goodwill From Strategic Market To Direct Office Segment



 

 



 

 

Direct offices

$

16,825 

International licensees

 

5,065 

Education practice

 

2,330 



$

24,220