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Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Feb. 29, 2020
Feb. 23, 2019
Feb. 29, 2020
Feb. 23, 2019
Income Statement [Abstract]        
Net sales $ 227,101 $ 123,800 $ 379,254 $ 244,731
Cost of goods sold 141,707 74,145 231,654 143,156
Gross profit 85,394 49,655 147,600 101,575
Operating expenses:        
Selling and marketing 27,041 14,729 45,475 30,048
General and administrative 28,103 13,732 46,248 25,730
Depreciation and amortization 4,287 1,902 6,740 3,751
Business transaction costs 694 290 26,853 1,329
Loss in fair value change of contingent consideration - TRA liability 0 0 0 533
Total operating expenses 60,125 30,653 125,316 61,391
Income from operations 25,269 19,002 22,284 40,184
Other (expense) income:        
Interest income 85 884 1,464 1,665
Interest expense (10,589) (3,344) (15,558) (6,605)
Gain on settlement of TRA liability 0 0 0 1,534
Gain (loss) on foreign currency transactions (194) 130 (178) (268)
Other income 8 77 45 121
Total other expense (10,690) (2,253) (14,227) (3,553)
Income before income taxes 14,579 16,749 8,057 36,631
Income tax expense 3,922 4,027 2,193 8,652
Net income 10,657 12,722 5,864 27,979
Other comprehensive income:        
Foreign currency translation adjustments (141) (179) (141) (37)
Comprehensive income $ 10,516 $ 12,543 $ 5,723 $ 27,942
Earnings per share from net income:        
Basic (in dollars per share) $ 0.11 $ 0.16 $ 0.06 $ 0.35
Diluted (in dollars per share) $ 0.11 $ 0.15 $ 0.06 $ 0.33
Weighted average shares outstanding:        
Basic (in shares) 95,339,489 81,900,352 92,524,061 79,595,330
Diluted (in shares) 100,336,571 85,350,196 97,597,614 84,062,479