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Leases (Tables)
9 Months Ended
May 30, 2020
Leases [Abstract]  
Components Of Lease Expense

Thirteen Weeks Ended

Thirty-Nine Weeks Ended

May 30, 2020

May 30, 2020

(Dollars in thousands)

Operating lease cost

$

6,592

$

18,952

Variable lease cost (benefit)

(368)

(459)

Short-term lease cost

197

681

Finance lease cost:

Amortization of leased assets

333

906

Interest on leased liabilities

29

84

Total Lease Cost

$

6,783

$

20,164

Supplemental Balance Sheet Information

May 30,

August 31,

Classification

2020

2019

Assets

(Dollars in thousands)

Operating lease assets

Operating lease assets

$

58,321

$

-

Finance lease assets (1)

Property, plant, and equipment, net

3,947

2,958

Total leased assets

$

62,268

$

2,958

Liabilities

Current

Operating

Current portion of operating lease liabilities

$

21,888

$

-

Finance

Current portion of debt including obligations under finance leases

1,253

765

Noncurrent

Operating

Noncurrent operating lease liabilities

36,163

-

Finance

Long-term debt including obligations under finance leases

2,780

2,206

Total lease liabilities

$

62,084

$

2,971

(1) Finance lease assets are net of accumulated amortization of $1,126 and $1,398 as of May 30, 2020 and August 31, 2019.

May 30,

2020

Weighted average remaining lease term (years)

Operating Leases

3.9

Finance Leases

3.2

Weighted average discount rate

Operating Leases

3.4

%

Finance Leases

2.7

%

Supplemental Cash Flow Information

Thirty-Nine Weeks Ended

May 30, 2020

(Dollars in thousands)

Operating Cash Outflows from Operating Leases

$

18,539

Operating Cash Outflows from Finance Leases

84

Financing Cash Outflows from Finance Leases

903

Leased assets obtained in exchange for new lease liabilities:

Operating Leases

$

13,854

Finance Leases

1,973

Schedule Of Future Lease Payments

Fiscal Year (Dollars in thousands)

Operating Leases

Finance Leases

Total

2020 (excluding six months)

$

6,311

$

343

$

6,654

2021

22,220

1,375

23,595

2022

13,889

1,344

15,233

2023

7,247

1,018

8,265

2024

5,182

152

5,334

Thereafter

7,593

3

7,596

Total Lease Payments

62,442

4,235

66,677

Less: Imputed Interest

4,391

202

4,593

Present Value of Lease Liabilities (1)

$

58,051

$

4,033

$

62,084

(1) Includes the current portion of $21,888 for operating leases and $1,253 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