Restructuring and Other Costs

12 Months Ended

Sep. 02, 2023

Restructuring and Related Activities [Abstract]

RESTRUCTURING AND OTHER COSTS

Optimization of Company Operations and Profitability Improvement

During fiscal years 2022 and 2023, 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 order to facilitate its workforce realignment. In addition, the Company engaged consultants to assist in reviewing the optimization of the Company’s operations and improving profitability with executing on its Company-wide initiative, referred to as Mission Critical, through fiscal year 2023.

The following table summarizes restructuring and other costs:


	For the Fiscal Years Ended
	September 2, 2023		September 3, 2022
Consulting-related costs	$	4,939	$	8,188
Associate severance and separation costs	2,594		5,753
Equity award acceleration costs associated with severance	404		1,728
Other exit-related costs	—		136
Total restructuring and other costs	$	7,937	$	15,805

Liabilities associated with restructuring and other costs are included in Accrued expenses and other current liabilities in the Consolidated Balance Sheets. The following table summarizes activity related to liabilities associated with restructuring and other costs:


	Consulting-related costs		Associate severance and separation costs		Other exit-related costs		Total
Balance as of August 28, 2021	$	3,328	$	367	$	441	$	4,136
Additions	8,188		5,753		136		14,077
Payments and other adjustments	(10,676)		(4,246)		(577)		(15,499)
Balance as of September 3, 2022	840		1,874		—		2,714
Additions	4,939		2,594		—		7,533
Payments and other adjustments	(5,679)		(3,431)		—		(9,110)
Balance as of September 2, 2023	$	100	$	1,037	$	—	$	1,137