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Leases (Tables)
6 Months Ended
Feb. 29, 2020
Leases [Abstract]  
Components Of Lease Expense

Thirteen Weeks Ended

Twenty-Six Weeks Ended

February 29, 2020

February 29, 2020

(Dollars in thousands)

Operating lease cost

$

6,188

$

12,360

Short-term lease cost

220

484

Finance lease cost:

Amortization of leased assets

311

573

Interest on leased liabilities

30

55

Total Lease Cost

$

6,749

$

13,472

Supplemental Balance Sheet Information

February 29,

August 31,

Classification

2020

2019

Assets

(Dollars in thousands)

Operating lease assets

Operating lease assets

$

60,064

$

-

Finance lease assets (1)

Property, plant, and equipment, net

4,280

2,958

Total leased assets

$

64,344

$

2,958

Liabilities

Current

Operating

Current portion of operating lease liabilities

$

21,587

$

-

Finance

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

1,244

765

Noncurrent

Operating

Noncurrent operating lease liabilities

38,119

-

Finance

Long-term debt including obligations under finance leases

3,104

2,206

Total lease liabilities

$

64,054

$

2,971

(1) Finance lease assets are net of accumulated amortization of $793 and $1,398 as of February 29, 2020 and August 31, 2019.

February 29,

2020

Weighted average remaining lease term (years)

Operating Leases

4.0

Finance Leases

3.4

Weighted average discount rate

Operating Leases

3.5

%

Finance Leases

2.6

%

Supplemental Cash Flow Information

Twenty-Six Weeks Ended

February 29, 2020

(Dollars in thousands)

Operating Cash Outflows from Operating Leases

$

12,188

Operating Cash Outflows from Finance Leases

55

Financing Cash Outflows from Finance Leases

504

Leased assets obtained in exchange for new lease liabilities:

Operating Leases

$

9,817

Finance Leases

1,973

Schedule Of Future Lease Payments

Fiscal Year (Dollars in thousands)

Operating Leases

Finance Leases

Total

2020 (excluding six months)

$

12,804

$

687

$

13,491

2021

22,176

1,375

23,551

2022

13,883

1,344

15,227

2023

7,485

1,018

8,503

2024

5,110

152

5,262

Thereafter

7,274

3

7,277

Total Lease Payments

68,732

4,579

73,311

Less: Imputed Interest

9,026

231

9,257

Present Value of Lease Liabilities (1)

$

59,706

$

4,348

$

64,054

(1) Includes the current portion of $21,587 for operating leases and $1,244 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