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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Nov. 26, 2016
Nov. 28, 2015
Operating activities:    
Net income $ 11,738 $ 8,558
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation 1,580 1,370
Amortization of intangible assets 2,051 0
Amortization of debt issuance costs 78 0
LIFO expense (income) 299 (90)
Stock-based compensation 821 623
Deferred income taxes (1,613) 382
Postretirement benefit income and deferred compensation expense (12,471) (777)
Other (271) (295)
Change in assets and liabilities:    
Inventories (17,923) (24,109)
Receivables, prepaid and other assets 16,080 7,366
Income taxes and unrecognized tax benefits 8,200 1,254
Accounts payable and accrued expenses (7,977) (1,375)
Postretirement and deferred compensation benefits (742) (970)
Net cash used in operating activities (150) (8,063)
Investing activities:    
Purchases of property and equipment (3,562) (3,109)
Proceeds from the sale of property 0 5
Acquisition of business, net of cash acquired 394,835 0
Proceeds from life insurance 0 295
Other 901 (220)
Net cash used in investing activities (397,496) (3,029)
Financing activities:    
Payments for purchases of common stock (1,318) (705)
Payments of cash dividends (3,185) (2,730)
Payments of debt issuance costs (10,758) 0
Borrowings on credit facility 353,000 0
Other (92) 9
Net cash provided by (used in) financing activities 337,647 (3,426)
Net decrease in cash and cash equivalents (59,999) (14,518)
Cash and cash equivalents at beginning of period 85,583 70,239
Cash and cash equivalents at end of period 25,584 55,721
Supplemental cash flow disclosure:    
Income taxes paid, net 121 2,675
Non-cash transactions:    
Issuance of Winnebago common stock for acquisition of business 124,066 0
Capital expenditures in accounts payable $ 695 $ 826