Nature of Operations and Significant Accounting Policies (Tables)

12 Months Ended

Aug. 26, 2020

Accounting Policies [Abstract]

Schedule of Other Charges

Other charges were comprised of::

	Fiscal Year Ended
	August 26, 2020		August 28, 2019
	(in thousands)
OTHER CHARGES:
Proxy Communication Related	$	—	$	1,740
Employee Severances	1,332		820
Restructuring Related	2,069		1,204
Total Other Charges	$	3,401	$	3,764

Schedule of New Accounting Pronouncements

The impact of adopting ASC 842 on effected lines of our opening consolidated balance sheet was as follows:

	Balance at August 28, 2019		ASC 842 Adjustment		Balance at August 29, 2019
	(In thousands)
ASSETS
Trade accounts and other receivables, net	$	8,852	$	70	$	8,922
Prepaid expenses	2,355		(225)		2,130
Total Current Assets	27,395		(155)		27,240
Intangible assets, net	16,781		(190)		16,591
Operating lease right-of-use assets, net	—		27,191		27,191
Total Assets	$	186,000	$	26,846	$	212,846
LIABILITIES
Operating lease liabilities-current	$	—	$	8,061	$	8,061
Accrued expenses and other liabilities	24,475		(1,002)		23,473
Total Current Liabilities	32,954		7,059		40,013
Operating lease liabilities-non-current	—		24,360		24,360
Other liabilities	6,577		(5,600)		977
Total Liabilities	$	84,970	$	25,819	$	110,789
SHAREHOLDERS’ EQUITY
Retained earnings	$	61,182	$	1,027	$	62,209
Total Shareholders' Equity	101,030		1,027		102,057
Total Liabilities and Shareholders' Equity	$	186,000	$	26,846	$	212,846