v3.24.1.1.u2
Goodwill and Intangible Assets (Tables)
9 Months Ended
May 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The changes in the carrying amount of goodwill by reportable operating segment are as follows:
August 31,
2023
Additions/
Adjustments
Foreign
Currency
Translation
May 31, 2024
North America$8,876,050 $2,587,017 $(1,757)$11,461,310 
EMEA (1)5,152,149 1,536,517 (30,099)6,658,567 
Growth Markets (1)1,544,804 207,147 (29,121)1,722,830 
Total$15,573,003 $4,330,681 $(60,977)$19,842,707 
(1)Effective September 1, 2023, we revised the reporting of our geographic markets for the movement of our Middle East and Africa market units from Growth Markets to Europe, and the Europe market is now referred to as our EMEA (Europe, Middle East and Africa) geographic market. Prior period amounts have been reclassified to conform with the current period presentation.
Schedule of Definite-Lived Intangible Assets
Our definite-lived intangible assets by major asset class are as follows:
August 31, 2023May 31, 2024
Intangible Asset ClassGross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying Amount
Customer-related$2,842,257 $(999,604)$1,842,653 $3,668,580 $(1,216,991)$2,451,589 
Technology289,989 (141,022)148,967 328,317 (177,196)151,121 
Patents123,579 (70,472)53,107 121,361 (71,860)49,501 
Other65,138 (36,908)28,230 132,991 (35,237)97,754 
Total$3,320,963 $(1,248,006)$2,072,957 $4,251,249 $(1,501,284)$2,749,965 
Schedule of Future Amortization Expense Related to Intangible Assets Estimated future amortization related to intangible assets held as of May 31, 2024 is as follows:
Fiscal YearEstimated Amortization
Remainder of 2024$147,127 
2025563,055 
2026504,392 
2027434,977 
2028407,243 
Thereafter693,171 
Total$2,749,965