Associate Benefit Plans (Tables)

12 Months Ended

Sep. 02, 2023

Share-Based Payment Arrangement [Abstract]

Schedule of Stock-Based Compensation Expense

Stock-based compensation expense included in Operating expenses for fiscal years 2023, 2022 and 2021 was as follows:

	For the Fiscal Years Ended
	September 2, 2023		September 3, 2022		August 28, 2021
Stock options	$	101	$	1,261	$	2,285
Restricted stock units (1)	14,933		14,810		13,976
Performance share units (1)	3,311		2,883		1,233
Associate Stock Purchase Plan	294		310		227
Total	18,639		19,264		17,721
Deferred income tax benefit	(4,619)		(4,720)		(4,324)
Stock-based compensation expense, net	$	14,020	$	14,544	$	13,397

Summary of Stock Option Activity

A summary of the Company’s stock option activity for fiscal year 2023 is as follows:

	Shares	Weighted-Average Exercise Price
Outstanding - beginning of year	614	$	78.96
Granted	—	—
Exercised	(371)	77.31
Canceled/Forfeited	(25)	80.40
Outstanding - end of year	218	$	81.60
Exercisable - end of year	218	$	81.60

Schedule of Nonvested Performance-Based Units Activity

The following table summarizes all transactions related to PSUs under the 2023 Omnibus Incentive Plan and the Prior Plan (based on target award amounts) at September 2, 2023:

	Shares	Weighted-Average Grant Date Fair Value
Non-vested PSUs at the beginning of the year	88	$	80.04
Granted	51	82.16
PSU adjustment (1)	4	76.32
Vested	(26)	76.32
Canceled/Forfeited	(5)	82.85
Non-vested PSUs at the end of the year (2)	112	$	81.81

(1)PSU adjustment represents the net PSUs awarded above or below their target grants resulting from the achievement of performance goals above or below the performance targets established at grant. One grant goal was achieved at 116% of its target based on fiscal year 2020 through fiscal year 2022 financial results.

(2)Excludes approximately 12 shares of accrued incremental dividend equivalent rights on outstanding PSUs granted under the 2023 Omnibus Incentive Plan and the Prior Plan.

Summary of Non-Vested Restricted Stock Unit Award Activity

A summary of the Company’s non-vested restricted stock unit (“RSU”) award activity under the 2023 Omnibus Incentive Plan and the Prior Plan for fiscal year 2023 is as follows:

	Shares	Weighted-Average Grant Date Fair Value
Non-vested RSUs at the beginning of the year	448	$	79.71
Granted	215	82.23
Vested	(171)	79.23
Canceled/Forfeited	(25)	80.90
Non-vested RSUs at the end of the year (1)	467	$	80.98

(1)Excludes approximately 48 shares of accrued incremental dividend equivalent rights on outstanding RSUs granted under the 2023 Omnibus Incentive Plan and the Prior Plan.