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Leases (Tables)
9 Months Ended
May 29, 2021
Leases [Abstract]  
Components Of Lease Cost

Thirteen Weeks Ended

Thirteen Weeks Ended

May 29, 2021

May 30, 2020

Operating lease cost

$

5,118

$

6,592

Variable lease benefit

(605)

(368)

Short-term lease cost

262

197

Finance lease cost:

Amortization of leased assets

322

333

Interest on leased liabilities

20

29

Total Lease Cost

$

5,117

$

6,783

Thirty-Nine Weeks Ended

Thirty-Nine Weeks Ended

May 29, 2021

May 30, 2020

Operating lease cost

$

17,984

$

18,952

Variable lease benefit

(1,626)

(459)

Short-term lease cost

665

681

Finance lease cost:

Amortization of leased assets

966

906

Interest on leased liabilities

65

84

Total Lease Cost

$

18,054

$

20,164

Supplemental Balance Sheet Information

As of

As of

May 29,

August 29,

Classification

2021

2020

Assets

Operating lease assets

Operating lease assets

$

39,401

(2)

$

56,173

Finance lease assets (1)

Property, plant and equipment, net

2,674

3,625

Total leased assets

$

42,075

$

59,798

Liabilities

Current

Operating

Current portion of operating lease liabilities

$

14,570

(2)

$

21,815

Finance

Current portion of debt including obligations under finance leases

1,291

1,262

Noncurrent

Operating

Noncurrent operating lease liabilities

26,008

(2)

34,379

Finance

Long-term debt including obligations under finance leases

1,473

2,453

Total lease liabilities

$

43,342

$

59,909

(1) Finance lease assets are net of accumulated amortization of $2,405 and $1,439 as of May 29, 2021 and August 29, 2020, respectively.

(2) During the thirty-nine-week period ended May 29, 2021, the Company recorded an impairment charge of $14,458 for impacted operating lease assets, net of gains related to settlement of lease liabilities, in Restructuring costs on the unaudited Condensed Consolidated Statements of Income. See Note 9, “Restructuring Costs” for additional information.

As of

As of

May 29,

May 30,

2021

2020

Weighted-average remaining lease term (in years)

Operating Leases

4.5

3.9

Finance Leases

2.2

3.2

Weighted-average discount rate

Operating Leases

3.5

%

3.4

%

Finance Leases

2.7

%

2.7

%

Supplemental Cash Flow Information

Thirty-Nine Weeks Ended

Thirty-Nine Weeks Ended

May 29, 2021

May 30, 2020

Operating Cash Outflows from Operating Leases

$

18,742

$

18,539

Operating Cash Outflows from Finance Leases

65

84

Financing Cash Outflows from Finance Leases

967

903

Leased assets obtained in exchange for new lease liabilities:

Operating Leases

$

8,988

$

13,854

Finance Leases

16

1,973

Schedule Of Future Lease Payments

Fiscal Year (1)

Operating Leases

Finance Leases

Total

2021 (includes fiscal fourth quarter only)

$

4,550

$

344

$

4,894

2022

13,741

1,347

15,088

2023

8,522

1,021

9,543

2024

5,116

156

5,272

2025

3,236

6

3,242

Thereafter

8,621

2

8,623

Total Lease Payments

43,786

2,876

46,662

Less: Imputed Interest

3,208

112

3,320

Present Value of Lease Liabilities (2)

$

40,578

$

2,764

$

43,342

(1) Future lease payments by fiscal year are based on contractual lease obligations

(2) Includes the current portion of $14,570 for operating leases and $1,291 for finance leases