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Consolidated Balance Sheets - USD ($)
$ in Thousands
May 27, 2017
Aug. 27, 2016
Current assets:    
Cash and cash equivalents $ 24,369 $ 85,583
Receivables, less allowance for doubtful accounts ($195 and $278) 120,998 66,184
Inventories 144,422 122,522
Prepaid expenses and other assets 8,500 6,300
Total current assets 298,289 280,589
Property, plant and equipment, net 68,656 55,931
Other assets:    
Goodwill 245,393 1,228
Other intangible assets, net 230,522 0
Investment in life insurance 27,030 26,492
Deferred income taxes 14,695 18,753
Other assets 5,766 7,725
Total assets 890,351 390,718
Current liabilities:    
Accounts payable 79,599 44,134
Current maturities of long-term debt 12,051 0
Income taxes payable 6,094 19
Accrued expenses:    
Accrued compensation 23,135 19,699
Product warranties 28,056 12,412
Self-insurance 6,199 5,812
Promotional 9,237 4,756
Accrued interest 3,213 15
Accrued dividend 3,184 0
Other 6,726 6,102
Total current liabilities 177,494 92,949
Non-current liabilities:    
Long-term debt, less current maturities 274,818 0
Unrecognized tax benefits 1,755 2,461
Deferred compensation and postretirement health care benefits, net of current portion 18,982 26,949
Other 1,052 0
Total non-current liabilities 296,607 29,410
Shareholders' equity:    
Capital stock common, par value $0.50; authorized 60,000 shares, issued 51,776 shares 25,888 25,888
Additional paid-in capital 79,844 32,717
Retained earnings 654,215 620,546
Accumulated other comprehensive (loss) income (952) 10,975
Treasury stock, at cost (20,189 and 24,875 shares) (342,745) (421,767)
Total shareholders' equity 416,250 268,359
Total liabilities and shareholders' equity $ 890,351 $ 390,718