v3.26.1
GOODWILL AND OTHER INTANGIBLES (Tables)
 9 Months Ended
May 31, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in the carrying amount of goodwill
Goodwill by reportable segment is detailed in the table below:

(in thousands)North America Steel GroupConstruction Solutions GroupEurope Steel GroupConsolidated
Goodwill, gross
Balance, September 1, 2025$126,915 $265,523 $4,608 $397,046 
Foreign currency translation— 261 23 284 
Acquisitions— 1,749,379 — 1,749,379 
Balance, May 31, 2026126,915 2,015,163 4,631 2,146,709 
Accumulated impairment
Balance, September 1, 2025(9,542)(493)(165)(10,200)
Foreign currency translation— — — — 
Balance, May 31, 2026(9,542)(493)(165)(10,200)
Goodwill, net
Balance, September 1, 2025117,373 265,030 4,443 386,846 
Foreign currency translation— 261 23 284 
Acquisitions— 1,749,379 — 1,749,379 
Balance, May 31, 2026$117,373 $2,014,670 $4,466 $2,136,509 
Schedule of Indefinite-Lived Intangible Assets
Other indefinite-lived intangible assets consisted of the following:

(in thousands)May 31, 2026August 31, 2025
Trade names$55,026 $54,813 
In-process research and development2,400 2,400 
Non-compete agreements750 750 
Total$58,176 $57,963 
Schedule of Finite-Lived Intangible Assets
Finite-lived intangible assets subject to amortization are detailed in the following table:

 May 31, 2026August 31, 2025
(in thousands)Gross
Carrying Amount		Accumulated AmortizationNetGross
Carrying Amount		Accumulated AmortizationNet
Customer relationships$307,589 $42,055 $265,534 $75,304 $24,663 $50,641 
Developed technologies154,109 73,655 80,454 153,844 60,882 92,962 
Contract backlog79,000 37,479 41,521 — — — 
Trade names12,859 2,975 9,884 3,560 1,823 1,737 
Patents10,258 7,535 2,723 9,111 7,338 1,773 
Lease rights6,839 1,271 5,568 6,804 1,200 5,604 
Other2,524 2,512 12 2,524 2,389 135 
Total$573,178 $167,482 $405,696 $251,147 $98,295 $152,852 
Finite-Lived Intangible Assets Amortization Expense
Amortization expense for intangible assets recorded in the condensed consolidated statements of earnings (loss) is as follows:

(in thousands)Three Months Ended May 31,Nine Months Ended May 31,
Primary Location2026202520262025
Cost of goods sold$24,479 $4,388 $50,615 $12,950 
Selling, general and administrative ("SG&A") expenses8,087 2,486 18,456 7,560 
Total$32,566 $6,874 $69,071 $20,510 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
Estimated amortization expense for intangible assets through 2030 is as follows:

(in thousands)
Remainder of 2026
$32,564 
202772,997 
202849,371 
202944,697 
203043,333