Business Segments (Tables)

12 Months Ended

Aug. 26, 2023

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Financial information by reportable segment is as follows:

(in millions)	2023		2022		2021
Net Revenues
Towable RV	$	1,415.3	$	2,597.4	$	2,010.0
Motorhome RV	1,560.1		1,911.2		1,539.1
Marine	469.7		425.3		60.2
Corporate / All Other	45.6		23.8		20.5
Consolidated	$	3,490.7	$	4,957.7	$	3,629.8
Adjusted EBITDA
Towable RV	$	172.1	$	383.6	$	289.0
Motorhome RV	142.0		238.0		169.2
Marine	60.5		60.8		5.2
Corporate / All Other	(19.9)		(33.5)		(27.3)
Consolidated	$	354.7	$	648.9	$	436.1
Capital Expenditures
Towable RV	$	25.6	$	45.7	$	25.1
Motorhome RV	31.1		22.3		17.6
Marine	19.1		16.4		2.2
Corporate / All Other	7.4		3.6		—
Consolidated	$	83.2	$	88.0	$	44.9

(in millions)	August 26, 2023		August 27, 2022
Total Assets
Towable RV	$	751.2	$	874.9
Motorhome RV	802.2		823.4
Marine	426.9		416.1
Corporate / All Other	452.1		302.3
Consolidated	$	2,432.4	$	2,416.7

Reconciliation of net income to consolidated Adjusted EBITDA is as follows:

(in millions)	2023		2022		2021
Net income	$	215.9	$	390.6	$	281.9
Interest expense, net	20.5		41.3		40.4
Provision for income taxes	63.3		124.1		85.6
Depreciation	29.2		24.2		18.2
Amortization	17.7		29.4		14.4
EBITDA	346.6		609.6		440.5
Acquisition-related costs	7.5		5.2		0.7
Litigation reserves	(0.4)		6.6		—
Restructuring expenses	—		—		0.1
Gain on sale of property, plant and equipment	—		—		(4.8)
Contingent consideration fair value adjustment	0.6		29.4		—
Non-operating loss (income)	0.4		(1.9)		(0.4)
Adjusted EBITDA	$	354.7	$	648.9	$	436.1

Schedule of Revenue by Geographic Area

Net revenues by geography are as follows:

(in millions)	2023		2022		2021
United States	$	3,346.6	$	4,618.1	$	3,410.6
International	144.1		339.6		219.2
Net revenues	$	3,490.7	$	4,957.7	$	3,629.8