Business Acquisitions (Tables) |
3 Months Ended | ||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Nov. 30, 2022 | |||||||||||||||||||||||||||||||||||||||||
| Scrapsource | |||||||||||||||||||||||||||||||||||||||||
| Business Acquisition [Line Items] | |||||||||||||||||||||||||||||||||||||||||
| Summary of Provisional Fair Values of Assets Acquired and Liabilities Assumed | The following table summarizes the provisional fair values of assets acquired and liabilities assumed by the Company as of the November 18, 2022 acquisition date (in thousands):
(1) All of the provisional amount of acquired goodwill is tax deductible. (2)
Acquired other intangible assets comprise supplier relationships, customer relationships, and non-compete agreements with estimated useful lives of 5 to 6 years. |
||||||||||||||||||||||||||||||||||||||||
| Columbus Recycling and Encore Recycling | |||||||||||||||||||||||||||||||||||||||||
| Business Acquisition [Line Items] | |||||||||||||||||||||||||||||||||||||||||
| Summary of Unaudited Pro Forma Information | The following unaudited pro forma information presents the effect on the consolidated financial results of the Company of the Columbus Recycling and Encore Recycling businesses acquired during fiscal 2022 as though the businesses had been acquired as of the beginning of fiscal 2021 (in thousands):
|
||||||||||||||||||||||||||||||||||||||||