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Long-Term Debt (Tables)
9 Months Ended
May 30, 2020
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
The components of long-term debt are as follows:
(in thousands)May 30,
2020
August 31,
2019
ABL Credit Facility$—  $—  
Term Loan253,500  260,000  
Convertible Notes300,000  —  
Long-term debt, gross553,500  260,000  
Convertible Notes unamortized interest discount(77,581) —  
Debt issuance costs, net(10,945) (5,706) 
Long-term debt464,974  254,294  
Less current maturities13,668  8,892  
Long-term debt, less current maturities$451,306  $245,402  
Schedule of Maturities of Long-term Debt
Aggregate contractual maturities of debt in future fiscal years are as follows:
(in thousands)Amount
Fiscal 2020$3,750  
Fiscal 202115,000  
Fiscal 202215,000  
Fiscal 202315,000  
Fiscal 2024204,750  
Thereafter300,000  
Total Term Loan and Convertible Notes$553,500