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Debt (Tables)
9 Months Ended
May 25, 2024
Debt Disclosure [Abstract]  
Schedule of Debt Outstanding Obligations
The following table summarizes our outstanding debt:
(in millions)May 25,
2024
August 26,
2023
ABL Credit Facility$— $— 
Senior Secured Notes300.0 300.0 
2030 Convertible Notes350.0 — 
2025 Convertible Notes59.3 300.0 
Total debt, gross709.3 600.0 
Unamortized debt issuance costs, net(13.9)(7.6)
Current maturities of long-term debt, net(59.0)— 
Long-term debt, net$636.4 $592.4 
The fair value of outstanding debt obligations, gross is as follows:
(in millions)May 25,
2024
August 26,
2023
ABL Credit Facility$— $— 
Senior Secured Notes295.0 291.2 
2030 Convertible Notes337.4 — 
2025 Convertible Notes64.8 349.0 
Total debt, gross$697.2 $640.2 
Schedule of Contractual Maturities of Debt
Aggregate contractual maturities of debt in future fiscal years are as follows:
(in millions)Amount
Remainder of Fiscal 2024
$— 
Fiscal 202559.3 
Fiscal 2026— 
Fiscal 2027— 
Fiscal 2028300.0 
Fiscal 2029— 
Thereafter350.0 
Total $709.3