

		Gross Carrying		Accumulated		Net Carrying
AUGUST 31, 2021		Amount		Amortization		Amount
Finite-lived intangible assets:
Acquired content	$	50,003	$	(40,352)	$	9,651
License rights		32,133		(23,036)		9,097
Customer lists		16,168		(14,519)		1,649
Acquired technology		7,282		(1,759)		5,523
Trade names		1,883		(933)		950
Non-compete agreements and other		930		(703)		227
		108,399		(81,302)		27,097
Indefinite-lived intangible asset:
Covey trade name		23,000		-		23,000
	$	131,399	$	(81,302)	$	50,097

AUGUST 31, 2020
Finite-lived intangible assets:
Acquired content	$	62,327	$	(50,749)	$	11,578
License rights		32,137		(21,321)		10,816
Customer lists		20,280		(18,926)		1,354
Acquired technology		3,568		(3,568)		-
Trade names		2,036		(1,759)		277
Non-compete agreements and other		759		(659)		100
		121,107		(96,982)		24,125
Indefinite-lived intangible asset:
Covey trade name		23,000		-		23,000
	$	144,107	$	(96,982)	$	47,125

In April 2021, we acquired Strive Talent, Inc. (Note 3), which generated $8.0 million of intangible assets that are included in the table above. During fiscal 2021 we reevaluated certain fully amortized intangible assets and wrote them off of our books.

Our intangible assets are amortized over the estimated useful life of the asset. The range of remaining estimated useful lives and weighted-average amortization period over which we are amortizing the major categories of finite-lived intangible assets at August 31, 2021 were as follows:


Category of Intangible Asset	Range of Remaining Estimated Useful Lives	Weighted Average Original Amortization Period

Acquired content	1 to 6 years	24 years
License rights	6 to 8 years	26 years
Customer lists	1 to 5 years	11 years
Acquired technology	8 years	6 years
Trade names	1 to 5 years	5 years
Non-compete agreements and other	2 to 6 years	3 years

Our aggregate amortization expense from finite-lived intangible assets totaled $5.0 million, $4.6 million, and $5.0 million for the fiscal years ended August 31, 2021, 2020, and 2019. Amortization expense from our intangible assets over the next five years is expected to be as follows (in thousands):

We obtained an exclusive license (with certain exceptions) to develop and sell leadership offerings based on the bestselling book Multipliers, by Liz Wiseman. We launched the new Multipliers-based offerings in August 2020, which started minimum required royalty payments of $0.6 million per year through the expiration of the initial term of the license on August 31, 2029. The initial term of the Multipliers license may be extended over an additional five years, subject to the provisions of the license agreement. In August 2020, we recorded an increase to our intangible assets of $4.0 million, which is the present value of the minimum required royalty payments discounted at 5.0 percent. We are amortizing the Multipliers license rights on a straight-line basis over the initial license period, which ends on August 31, 2029.

The acquisition of Strive in fiscal 2021 generated $7.0 million of goodwill which was allocated to the Direct Office and International Licensee segments based on their relative fair value. We do not have any accumulated impairment charges against the carrying value of our goodwill. At August 31, 2021 and 2020, goodwill was allocated to our segments as shown below (in thousands):



		August 31,	Goodwill from		August 31,
		2020	Strive Acquisition		2021
Direct offices	$	16,825	6,137	$	22,962
International licensees		5,065	863		5,928
Education practice		2,330	-		2,330
	$	24,220	7,000	$	31,220