Restructuring And Other Related Costs

12 Months Ended

Aug. 29, 2020

Restructuring And Other Related Costs [Abstract]

Restructuring and Other Related Costs

13. RESTRUCTURING AND OTHER RELATED COSTS

The following table summarizes restructuring and other related costs:

	For the Fiscal Years Ended
	August 29,		August 31,
	2020		2019
Consulting-related costs	$	6,583	$	—
Separation and severance costs		10,142		6,388
Equity acceleration costs associated with severance		304		337
Total restructuring and other related costs	$	17,029	$	6,725

Consulting-Related Costs

Beginning in the second quarter of fiscal year 2020, the Company engaged consultants to assist in reviewing the optimization of the Company’s operations. This project will continue through fiscal year 2021. These costs are included within operating expenses in the Consolidated Statements of Income.

Severance and Separation Costs

Beginning in fiscal year 2019, the Company identified opportunities for improvements in its workforce realignment, strategy, and staffing, and increased its focus on performance management, to ensure it has the right skillsets and number of associates to execute its long-term vision. As such, the Company extended voluntary and involuntary severance and separation benefits to certain associates in fiscal years 2020 and 2019. These costs are included within operating expenses in the Consolidated Statements of Income.

The following table summarizes activity related to liabilities associated with restructuring and other related costs:

	Consulting-related costs		Separation and severance costs		Total
Balance at September 1, 2018	$	—	$	—	$	—
Additions		—		6,388		6,388
Payments and other adjustments		—		(344)		(344)
Balance at August 31, 2019		—		6,044		6,044
Additions		6,583		10,142		16,725
Payments and other adjustments		(2,520)		(9,259)		(11,779)
Balance at August 29, 2020	$	4,063	$	6,927	$	10,990