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Consolidated Statements of Changes in Shareholders' Equity - USD ($)
shares in Millions, $ in Millions
Total
Adoption of Accounting Standards Update (ASU) 2020-06
Common Shares
Additional Paid-In Capital
Additional Paid-In Capital
Adoption of Accounting Standards Update (ASU) 2020-06
Retained Earnings
Retained Earnings
Adoption of Accounting Standards Update (ASU) 2020-06
Accumulated Other Comprehensive Income (Loss)
Treasury Stock
Beginning balance (in shares) at Aug. 27, 2022     51.8            
Beginning balance at Aug. 27, 2022 $ 1,263.0 $ (33.0) $ 25.9 $ 256.3 $ (62.0) $ 1,537.5 $ 29.0 $ (0.5) $ (556.2)
Treasury stock, beginning balance (in shares) at Aug. 27, 2022                 (21.5)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Stock-based compensation 8.2     8.2          
Issuance of stock for employee benefit and stock-based awards, net 1.0     (7.0)         $ 8.0
Issuance of stock for employee benefit and stock-based awards, net (in shares)                 0.4
Repurchase of common stock (24.9)               $ (24.9)
Repurchase of common stock (in shares)                 (0.5)
Common stock dividends (25.2)         (25.2)      
Other comprehensive income 0.1             0.1  
Net income 172.1         172.1      
Ending balance (in shares) at May. 27, 2023     51.8            
Ending balance at May. 27, 2023 1,361.3   $ 25.9 195.5   1,713.4   (0.4) $ (573.1)
Treasury stock, ending balance (in shares) at May. 27, 2023                 (21.6)
Beginning balance (in shares) at Feb. 25, 2023     51.8            
Beginning balance at Feb. 25, 2023 1,337.3   $ 25.9 193.9   1,671.0   (0.4) $ (553.1)
Treasury stock, beginning balance (in shares) at Feb. 25, 2023                 (21.2)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Stock-based compensation 1.7     1.7          
Issuance of stock for employee benefit and stock-based awards, net (0.1)     (0.1)          
Repurchase of common stock (20.0)               $ (20.0)
Repurchase of common stock (in shares)                 (0.4)
Common stock dividends (16.7)         (16.7)      
Net income 59.1         59.1      
Ending balance (in shares) at May. 27, 2023     51.8            
Ending balance at May. 27, 2023 1,361.3   $ 25.9 195.5   1,713.4   (0.4) $ (573.1)
Treasury stock, ending balance (in shares) at May. 27, 2023                 (21.6)
Beginning balance (in shares) at Aug. 26, 2023     51.8            
Beginning balance at Aug. 26, 2023 $ 1,368.1   $ 25.9 197.7   1,747.8   (0.4) $ (602.9)
Treasury stock, beginning balance (in shares) at Aug. 26, 2023 (22.0)               (22.0)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Partial repurchase of convertible notes $ (22.2)     (22.2)          
Partial unwind of convertible note bond hedge 55.8     55.8          
Partial unwind of convertible note warrant (25.3)     (25.3)          
Convertible note bond hedge purchase, net of tax (51.9)     (51.9)          
Issuance of convertible note warrant 31.3     31.3          
Stock-based compensation 11.5     11.5          
Issuance of stock for employee benefit and stock-based awards, net 1.4     (5.3)         $ 6.7
Issuance of stock for employee benefit and stock-based awards, net (in shares)                 0.2
Repurchase of common stock (64.8)     (0.5)         $ (64.3)
Repurchase of common stock (in shares)                 (1.0)
Common stock dividends (27.6)         (27.6)      
Net income 42.1         42.1      
Ending balance (in shares) at May. 25, 2024     51.8            
Ending balance at May. 25, 2024 $ 1,318.4   $ 25.9 191.1   1,762.3   (0.4) $ (660.5)
Treasury stock, ending balance (in shares) at May. 25, 2024 (22.8)               (22.8)
Beginning balance (in shares) at Feb. 24, 2024     51.8            
Beginning balance at Feb. 24, 2024 $ 1,324.6   $ 25.9 188.1   1,751.6   (0.4) $ (640.6)
Treasury stock, beginning balance (in shares) at Feb. 24, 2024                 (22.5)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Stock-based compensation 3.4     3.4          
Issuance of stock for employee benefit and stock-based awards, net 0.0     (0.2)         $ 0.2
Repurchase of common stock (20.3)     (0.2)         $ (20.1)
Repurchase of common stock (in shares)                 (0.3)
Common stock dividends (18.3)         (18.3)      
Net income 29.0         29.0      
Ending balance (in shares) at May. 25, 2024     51.8            
Ending balance at May. 25, 2024 $ 1,318.4   $ 25.9 $ 191.1   $ 1,762.3   $ (0.4) $ (660.5)
Treasury stock, ending balance (in shares) at May. 25, 2024 (22.8)               (22.8)