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Leases (Tables)
3 Months Ended
Nov. 30, 2019
Leases [Abstract]  
Components Of Lease Expense

Thirteen Weeks Ended

November 30, 2019

(Dollars in thousands)

Operating lease cost

$

6,172

Short-term lease cost

264

Finance lease cost:

Amortization of leased assets

262

Interest on leased liabilities

25

Total Lease Cost

$

6,723

Supplemental Balance Sheet Information

November 30,

August 31,

Classification

2019

2019

Assets

(Dollars in thousands)

Operating lease assets

Operating lease assets

$

59,385

$

-

Finance lease assets (1)

Property, plant, and equipment, net

4,348

2,958

Total leased assets

$

63,733

$

2,958

Liabilities

Current

Operating

Current portion of operating lease liabilities

$

21,039

$

-

Finance

Current portion of long-term debt including obligations under finance leases

1,190

765

Noncurrent

Operating

Noncurrent operating lease liabilities

37,977

-

Finance

Long-term debt including obligations under finance leases

3,260

2,206

Total lease liabilities

$

63,466

$

2,971

(1) Finance lease assets are net of accumulated amortization of $473 and $1,398 as of November 30, 2019 and August 31, 2019.

November 30,

2019

Weighted average remaining lease term (years)

Operating Leases

4.0

Finance Leases

3.7

Weighted average discount rate

Operating Leases

3.5

%

Finance Leases

2.6

%

Supplemental Cash Flow Information

Thirteen Weeks Ended

November 30, 2019

(Dollars in thousands)

Operating Cash Outflows from Operating Leases

$

6,052

Operating Cash Outflows from Finance Leases

25

Financing Cash Outflows from Finance Leases

160

Leased assets obtained in exchange for new lease liabilities:

Operating Leases

$

3,624

Finance Leases

1,730

Schedule Of Future Lease Payments

Fiscal Year (Dollars in thousands)

Operating Leases

Finance Leases

Total

2020 (excluding three months)

$

17,400

$

966

$

18,366

2021

19,114

1,289

20,403

2022

10,928

1,257

12,185

2023

5,513

996

6,509

2024

4,370

152

4,522

Thereafter

6,393

3

6,396

Total Lease Payments

63,718

4,663

68,381

Less: Imputed Interest

4,702

213

4,915

Present Value of Lease Liabilities (1)

$

59,016

$

4,450

$

63,466

(1) Includes the current portion of $21,039 for operating leases and $1,190 for finance leases

Schedule Of Future Lease Payments Under Prior Standard

August 31, 2019

Fiscal Year

Operating Leases

Capitalized Lease Obligations

2020

$

22,463

$

792

2021

18,022

812

2022

9,923

781

2023

5,184

604

2024

4,083

106

Thereafter

6,023

-

Total minimum lease payments

$

65,698

$

3,095

Less: interest

124

Present value of minimum lease payments

$

2,971

Less: current maturities

765

Present value of minimum lease payments less current maturities

$

2,206