Business Segments (Tables)

9 Months Ended

May 30, 2020

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The following table shows information by reportable segment:

	Three Months Ended				Nine Months Ended
(in thousands)	May 30, 2020		May 25, 2019		May 30, 2020		May 25, 2019
Net Revenues
Towable	$	188,898	$	346,811	$	813,611	$	890,335
Motorhome	203,590		160,239		755,023		506,229
Corporate / All Other	9,970		21,890		49,092		58,714
Consolidated	$	402,458	$	528,940	$	1,617,726	$	1,455,278
Adjusted EBITDA
Towable	$	16,451	$	57,172	$	86,982	$	121,638
Motorhome	(10,789)		381		13,488		16,716
Corporate / All Other	(1,588)		(1,679)		(8,919)		(9,539)
Consolidated	$	4,074	$	55,874	$	91,551	$	128,815
Capital Expenditures
Towable	$	2,296	$	4,810	$	11,962	$	21,335
Motorhome	5,768		2,543		13,348		7,933
Corporate / All Other	1,492		962		3,272		2,413
Consolidated	$	9,556	$	8,315	$	28,582	$	31,681

(in thousands)	May 30, 2020		August 31, 2019
Total Assets
Towable	$	652,351	$	628,994
Motorhome	620,425		332,157
Corporate / All Other	260,264		143,080
Consolidated	$	1,533,040	$	1,104,231

Reconciliation of net income to consolidated Adjusted EBITDA:

	Three Months Ended				Nine Months Ended
(in thousands)	May 30, 2020		May 25, 2019		May 30, 2020		May 25, 2019
Net (loss) income	$	(12,353)	$	36,171	$	18,983	$	79,930
Interest expense	8,440		4,446		23,140		13,293
(Benefit) provision for income taxes	(4,186)		8,717		3,702		18,609
Depreciation	4,134		3,520		11,854		9,788
Amortization of intangible assets	6,926		2,278		18,514		7,204
EBITDA	2,961		55,132		76,193		128,824
Acquisition-related fair-value inventory step-up	—		—		4,810		—
Acquisition-related costs	(189)		—		9,761		—
Restructuring expenses	1,376		1,102		1,247		1,321
Non-operating income	(74)		(360)		(460)		(1,330)
Adjusted EBITDA	$	4,074	$	55,874	$	91,551	$	128,815