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Intangible Assets And Goodwill (Tables)
12 Months Ended
Aug. 31, 2022
Intangible Assets And Goodwill [Abstract]  
Intangible Assets

Gross Carrying

Accumulated

Net Carrying

AUGUST 31, 2022

Amount

Amortization

Amount

Finite-lived intangible assets:

Acquired content

$

49,964 

$

(42,501)

$

7,463 

License rights

32,077 

(24,401)

7,676 

Customer lists

16,140 

(15,028)

1,112 

Acquired technology

7,282 

(2,479)

4,803 

Trade names

1,883 

(1,231)

652 

Non-compete agreements and other

930 

(803)

127 

108,276 

(86,443)

21,833 

Indefinite-lived intangible asset:

Covey trade name

23,000 

-

23,000 

$

131,276 

$

(86,443)

$

44,833 

AUGUST 31, 2021

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 

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

4 to 5 years

24 years

License rights

5 to 7 years

26 years

Customer lists

2 to 4 years

11 years

Acquired technology

7 years

6 years

Trade names

4 years

5 years

Non-compete agreements and other

1 to 5 years

3 years

Amortization Expense For Intangible Assets Over The Next Five Years

YEAR ENDING

AUGUST 31,

2023

$

4,342

2024

4,200

2025

4,029

2026

3,938

2027

3,157

Consolidated Goodwill

Direct offices

$

22,962 

International licensees

5,928 

Education practice

2,330 

$

31,220