v3.26.3
Intangibles and Other Assets, net
12 Months Ended
Aug. 31, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangibles and Other Assets, net

Note 7 — Intangibles and Other Assets, net

The following table summarizes the Company’s identifiable intangible and other assets balance:

 

 

As of August 31,

 

(In millions)

 

2026

 

 

2025

 

Intangible assets subject to amortization:

 

 

 

 

 

 

Customer and supplier relationships

 

$

87.5

 

 

$

87.5

 

Accumulated amortization

 

 

(77.6

)

 

 

(74.8

)

Other intangible assets

 

 

45.7

 

 

 

42.3

 

Accumulated amortization

 

 

(33.0

)

 

 

(30.1

)

 

 

22.6

 

 

 

24.9

 

Intangible assets not subject to amortization

 

 

2.1

 

 

 

2.3

 

Prepaid and other assets

 

 

43.1

 

 

 

44.3

 

Operating lease ROU assets

 

 

77.0

 

 

 

84.2

 

Nonqualified savings plan investments

 

 

68.7

 

 

 

59.4

 

Debt issuance costs, net

 

 

6.1

 

 

 

7.2

 

Deferred tax assets

 

 

36.8

 

 

 

41.9

 

 

$

256.4

 

 

$

264.2

 

 

 

 

 

 

 

 

Amortization expense for the years ended August 31, 2026, 2025, and 2024 was $6.5 million, $6.3 million and $7.2 million, respectively. As of August 31, 2026, amortizable intangible assets had a weighted-average remaining useful life of 6.0 years. Amortization expense for the years ending August 31, 2027, 2028, 2029, 2030 and 2031 is expected to be $7.3 million, $4.4 million, $2.9 million, $1.7 million and $1.5 million, respectively.