Product Warranties

6 Months Ended

Feb. 27, 2021

Product Warranties Disclosures [Abstract]

Product Warranties

Product Warranties

The Company provides certain service and warranty on its products. From time to time, the Company also voluntarily incurs costs for certain warranty-type expenses occurring after the normal warranty period to help protect the reputation of the Company's products and the goodwill of the Company's customers. Estimated costs related to product warranty are accrued at the time of sale and are based upon historical warranty and service claims experience. Adjustments are made to accruals as claim data and cost experience becomes available.

In addition to the costs associated with the contractual warranty coverage provided on products, the Company also occasionally incurs costs as a result of additional service actions not covered by warranties, including product recalls and customer satisfaction actions. Although the Company estimates and reserves for the cost of these service actions, there can be no assurance that expense levels will remain at current levels or such reserves will continue to be adequate.

Changes in the Company's product warranty liability are as follows:

	Three Months Ended				Six Months Ended
(in thousands)	February 27, 2021		February 29, 2020		February 27, 2021		February 29, 2020
Balance at beginning of period	$	70,502	$	61,107	$	64,031	$	44,436
Business acquisition(1)	—		—		—		15,147
Provision	20,227		15,729		41,930		31,047
Claims paid	(14,689)		(16,625)		(29,921)		(30,419)
Balance at end of period	$	76,040	$	60,211	$	76,040	$	60,211

(1)    Relates to the acquisition of Newmar on November 8, 2019. See Note 2, Business Combinations in the Company's Annual Report on Form 10-K for the fiscal year ended August 29, 2020 for additional acquisition information.