v3.26.3
GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
 12 Months Ended
Aug. 31, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Changes in the carrying amount of goodwill
Goodwill by reportable segment is detailed in the following table:
(in thousands)North America Steel GroupConstruction Solutions GroupEurope Steel GroupConsolidated
Goodwill, gross:
Balance, September 1, 2024$126,915 $264,568 $4,337 $395,820 
Foreign currency translation— 955 271 1,226 
Balance at August 31, 2025126,915 265,523 4,608 397,046 
Foreign currency translation— 558 (98)460 
Acquisitions— 1,751,305 — 1,751,305 
Balance at August 31, 2026126,915 2,017,386 4,510 2,148,811 
Accumulated impairment:
Balance, September 1, 2024(9,542)(493)(155)(10,190)
Foreign currency translation— — (10)(10)
Balance at August 31, 2025(9,542)(493)(165)(10,200)
Foreign currency translation— — 5 5 
Balance at August 31, 2026(9,542)(493)(160)(10,195)
Goodwill, net:
Balance, September 1, 2024117,373 264,075 4,182 385,630 
Foreign currency translation— 955 261 1,216 
Balance at August 31, 2025117,373 265,030 4,443 386,846 
Foreign currency translation— 558 (93)465 
Acquisitions— 1,751,305 — 1,751,305 
Balance at August 31, 2026$117,373 $2,016,893 $4,350 $2,138,616 
Intangible Asset, Indefinite-Lived
Other indefinite-lived intangible assets consisted of the following:
(in thousands)August 31, 2026August 31, 2025
Trade names$55,137 $54,813 
In-process research and development— 2,400 
Non-compete agreements750 750 
Total$55,887 $57,963 
Intangible assets subject to amortization
Finite-lived intangible assets subject to amortization are detailed in the following table:
August 31, 2026August 31, 2025
(in thousands)Gross
Carrying Amount		Accumulated AmortizationNetGross
Carrying Amount		Accumulated AmortizationNet
Customer relationships$307,648 $49,979 $257,669 $75,304 $24,663 $50,641 
Developed technologies156,615 78,049 78,566 153,844 60,882 92,962 
Contract backlog79,000 57,229 21,771 — — — 
Trade names12,884 3,532 9,352 3,560 1,823 1,737 
Patents10,660 7,629 3,031 9,111 7,338 1,773 
Lease rights6,660 1,259 5,401 6,804 1,200 5,604 
Other2,523 2,519 4 2,524 2,389 135 
Total$575,990 $200,196 $375,794 $251,147 $98,295 $152,852 
Amortization expense for intangible assets recorded in the consolidated statements of earnings is as follows:
(in thousands)Year Ended August 31,
Primary Location202620252024
Cost of goods sold$75,381 $17,210 $18,188 
SG&A expenses26,342 9,869 10,116 
Total$101,723 $27,079 $28,304 
Estimated future amortization expense of intangible assets
Estimated amortization expense for the next five years is as follows:
Year Ended August 31,(in thousands)
2027$73,489 
202849,857 
202945,193 
203043,821 
203138,778