Business Segments (Tables)

9 Months Ended

May 25, 2024

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Financial information by reportable segment is as follows:

	Three Months Ended				Nine Months Ended
(in millions)	May 25, 2024		May 27, 2023		May 25, 2024		May 27, 2023
Net Revenues
Towable RV	$	386.3	$	384.1	$	1,001.8	$	1,073.9
Motorhome RV	299.0		374.4		971.8		1,242.4
Marine	87.9		129.0		245.0		373.3
Corporate / All Other	12.8		13.3		34.0		30.1
Consolidated	$	786.0	$	900.8	$	2,252.6	$	2,719.7
Adjusted EBITDA
Towable RV	$	41.9	$	53.8	$	101.8	$	129.4
Motorhome RV	13.4		26.8		60.7		119.6
Marine	8.5		17.3		20.1		50.2
Corporate / All Other	(5.8)		(1.5)		(20.7)		(17.4)
Consolidated	$	58.0	$	96.4	$	161.9	$	281.8
Capital Expenditures
Towable RV	$	2.9	$	3.4	$	5.5	$	23.9
Motorhome RV	2.8		8.9		16.8		23.7
Marine	1.2		4.4		4.1		17.0
Corporate / All Other	4.1		1.9		7.4		3.4
Consolidated	$	11.0	$	18.6	$	33.8	$	68.0

(in millions)	May 25, 2024		August 26, 2023
Assets
Towable RV	$	773.2	$	751.2
Motorhome RV	764.1		802.2
Marine	410.1		426.9
Corporate / All Other	477.6		452.1
Consolidated	$	2,425.0	$	2,432.4

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

	Three Months Ended				Nine Months Ended
(in millions)	May 25, 2024		May 27, 2023		May 25, 2024		May 27, 2023
Net income	$	29.0	$	59.1	$	42.1	$	172.1
Interest expense, net	5.8		5.2		15.2		16.4
Provision for income taxes	6.5		16.0		22.2		52.4
Depreciation	8.9		7.6		25.5		20.9
Amortization	5.6		4.4		16.9		12.0
EBITDA	55.8		92.3		121.9		273.8
Acquisition-related costs	—		3.9		1.5		5.6
Change in fair value of note receivable	—		—		3.0		—
Contingent consideration fair value adjustment	—		—		1.1		2.0
Loss on note repurchase	—		—		32.7		—
Non-operating loss	2.2		0.2		1.7		0.4
Adjusted EBITDA	$	58.0	$	96.4	$	161.9	$	281.8