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Intangible Assets And Goodwill (Tables)
12 Months Ended
Aug. 31, 2021
Intangible Assets And Goodwill [Abstract]  
Intangible Assets

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 

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

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

Amortization Expense For Intangible Assets Over The Next Five Years

YEAR ENDING

AUGUST 31,

2022

$

5,267 

2023

4,342 

2024

4,200 

2025

4,029 

2026

3,938 

Schedule Of Allocated Goodwill To Reportable Operating Segments

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