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Long-Term Debt (Tables)
9 Months Ended
May 27, 2023
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
Long-term debt consists of the following:
(in millions)May 27,
2023
August 27,
2022
ABL Credit Facility$— $— 
Senior Secured Notes300.0 300.0 
Convertible Notes300.0 300.0 
Long-term debt, gross600.0 600.0 
Convertible Notes unamortized interest discount(1)
— (45.3)
Debt issuance costs, net(8.3)(8.8)
Long-term debt, net$591.7 $545.9 
(1)    In connection with the adoption of ASU 2020-06, the unamortized interest discount was derecognized in the first quarter of Fiscal 2023. Refer to Note 1 in the Notes to Consolidated Financial Statements in Item 1 of Part I of this Quarterly Report on Form 10-Q for additional information.
Schedule of Maturities of Long-term Debt Aggregate contractual maturities of debt in future fiscal years are as follows:
(in millions)Amount
Remainder of Fiscal 2023
$— 
Fiscal 2024— 
Fiscal 2025300.0 
Fiscal 2026— 
Fiscal 2027— 
Fiscal 2028300.0 
Total Senior Secured Notes and Convertible Notes$600.0