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Leases (Tables)

12 Months Ended

Aug. 28, 2021

Leases [Abstract]

Components Of Lease Cost


	For the Fiscal Years Ended
		August 28, 2021			August 29, 2020
Operating lease cost		$	22,822		$	25,445
Variable lease benefit			(2,001)			(865)
Short-term lease cost			1,074			874
Finance lease cost:
Amortization of leased assets			1,290			1,227
Interest on leased liabilities			83			110
Total Lease Cost		$	23,268		$	26,791

Supplemental Balance Sheet Information


				August 28,				August 29,
		Classification		2021				2020
Assets
Operating lease assets		Operating lease assets		$	49,011	⁽²⁾		$	56,173
Finance lease assets⁽¹⁾		Property, plant and equipment, net			2,377				3,625
Total leased assets				$	51,388			$	59,798
Liabilities
Current
Operating		Current portion of operating lease liabilities		$	13,927	⁽²⁾		$	21,815
Finance		Current portion of debt including obligations under finance leases			1,273				1,262
Noncurrent
Operating		Noncurrent operating lease liabilities			36,429	⁽²⁾			34,379
Finance		Long-term debt including obligations under finance leases			1,188				2,453
Total lease liabilities				$	52,817			$	59,909

⁽¹⁾Finance lease assets are net of accumulated amortization of $2,729 and $1,439 as of August 28, 2021 and August 29, 2020, respectively.
⁽²⁾ During fiscal year 2021, the Company recorded an impairment charge of $14,975 for impacted operating lease assets, net of gains related to settlement of lease liabilities, in Restructuring costs on the Consolidated Statements of Income. See Note 13, “Restructuring Costs” for additional information.


			August 28,				August 29,
			2021				2020
Weighted average remaining lease term (years)
Operating Leases			5.0					4.0
Finance Leases			2.0					2.9
Weighted average discount rate
Operating Leases			3.6	%				3.6		%
Finance Leases			2.7	%				2.7		%

Supplemental Cash Flow Information


		For the Fiscal Years Ended
		August 28, 2021			August 29, 2020
Operating Cash Outflows from Operating Leases		$	36,653		$	24,879
Operating Cash Outflows from Finance Leases			83			110
Financing Cash Outflows from Finance Leases			1,295			1,247
Leased assets obtained in exchange for new lease liabilities:
Operating Leases		$	26,211		$	17,552
Finance Leases			42			1,973

Schedule Of Future Lease Payments


Fiscal Year ⁽¹⁾		Operating Leases			Finance Leases			Total
2022		$	15,420		$	1,353		$	16,773
2023			11,211			1,027			12,238
2024			7,983			161			8,144
2025			6,254			12			6,266
2026			5,717			6			5,723
Thereafter			8,366			-			8,366
Total Lease Payments			54,951			2,559			57,510
Less: Imputed Interest			4,595			98			4,693
Present Value of Lease Liabilities ⁽²⁾		$	50,356		$	2,461		$	52,817

⁽¹⁾ Future lease payments by fiscal year are based on contractual lease obligations.
⁽²⁾ Includes the current portion of $13,927 for operating leases and $1,273 for finance leases.