Goodwill and Intangible Assets (Tables)

6 Months Ended

Feb. 25, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in Carrying Amount of Goodwill

The changes in the carrying amount of goodwill by reportable segment, with no accumulated impairment losses, for the six months ended February 25, 2023 and February 26, 2022 are as follows:

(in millions)	Towable		Motorhome		Marine		Total
Balances at August 28, 2021	$	244.7	$	73.1	$	30.3	$	348.1
Acquisition of Barletta(1)	—		—		136.1		136.1
Balances at February 26, 2022	$	244.7	$	73.1	$	166.4	$	484.2
Balances at August 27, 2022 and February 25, 2023(2)	$	244.7	$	73.1	$	166.4	$	484.2

(1) The change in marine activity is related to the acquisition of Barletta that occurred on August 31, 2021. See Note 2 in the Notes to Consolidated Financial Statements included in Item 1 of Part I of this Quarterly Report on Form 10-Q.

(2) There was no activity in the six months ended February 25, 2023.

Schedule of Other Intangible Assets

Other intangible assets, net of accumulated amortization, consist of the following:

	February 25, 2023
(in millions)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Value
Trade names	$	352.3			$	352.3
Dealer networks	180.0		$	67.9	112.1
Backlog	42.3		42.3		—
Non-compete agreements	6.6		6.2		0.4
Other intangible assets	$	581.2	$	116.4	$	464.8
	August 27, 2022
(in millions)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Value
Trade names	$	352.3			$	352.3
Dealer networks	180.0		$	60.5	119.5
Backlog	42.3		42.3		—
Non-compete agreements	6.6		6.0		0.6
Other intangible assets	$	581.2	$	108.8	$	472.4

Schedule of Remaining Estimated Aggregate Annual Amortization Expense

Estimated future amortization expense related to finite-lived intangible assets is as follows:

(in millions)	Amortization
Remainder of Fiscal 2023	$	7.6
Fiscal 2024	15.1
Fiscal 2025	14.9
Fiscal 2026	14.9
Fiscal 2027	14.9
Fiscal 2028	14.9
Thereafter	30.2
Total amortization expense remaining	$	112.5