Employee and Retiree Benefits (Tables)

9 Months Ended

May 27, 2017

Compensation and Retirement Disclosure [Abstract]

Schedule of Amounts Recognized in Balance Sheet [Table Text Block]

eferred compensation and postretirement health care benefits are as follows:



(In thousands)	May 27, 2017			August 27, 2016
Postretirement health care benefit cost	$	—		$	6,346
Non-qualified deferred compensation	16,851			18,003
Executive share option plan liability	1,914			3,341
SERP benefit liability	2,428			2,681
Executive deferred compensation	510			389
Officer stock-based compensation	1,048			763
Total deferred compensation and postretirement health care benefits	22,751			31,523
Less current portion	(3,769		)	(4,574		)
Long-term deferred compensation and postretirement health care benefits	$	18,982		$	26,949

Schedule of Postretirement Plan Amendments [Table Text Block]



Date	Event	Dollar Cap Reduction	Liability Reduction (In thousands)		Amortization Period⁽¹⁾
Fiscal 2005	Established employer dollar caps		$	40,414	11.5	years
January 2012	Reduced employer dollar caps	10%	4,598		7.8	years
January 2013	Reduced employer dollar caps	10%	4,289		7.5	years
January 2014	Reduced employer dollar caps	10%	3,580		7.3	years
January 2015	Reduced employer dollar caps	10%	3,960		7.1	years
January 2016	Reduced employer dollar caps for retirees under age 65; discontinued retiree benefits for retirees age 65 and over	10%	28,596		6.9	years
January 2017 ⁽²⁾	Terminated plan		6,338		0.2	years

⁽¹⁾ Plan amendments were amortized on a straight-line basis over the expected remaining service period of active plan participants.

⁽²⁾ In accordance with ASC 715, the effects of the plan amendment are accounted for at the date the amendment is adopted and has been communicated to plan participants. The effective date for this plan amendment was October 26, 2016.

Schedule of Net Benefit Costs [Table Text Block]

Net periodic postretirement benefit income consisted of the following components:



	Three Months Ended					Nine Months Ended
(In thousands)	May 27, 2017		May 28, 2016			May 27, 2017			May 28, 2016
Interest cost	$	—	$	58		$	29		$	269
Service cost	—		23			16			86
Amortization of prior service benefit	—		(2,008		)	(40,444		)	(5,728		)
Amortization of net actuarial loss	—		415			15,648			1,197
Net periodic postretirement benefit income	$	—	$	(1,512	)	$	(24,751	)	$	(4,176	)

Payments for postretirement health care	$	—	$	232		$	68		$	738