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Share-Based Payments (Tables)
12 Months Ended
Aug. 29, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Weighted Average for Key Assumptions Used in Determining Fair Value of Options Granted and Related Share-Based Compensation Expense

The following table presents the weighted average for key assumptions used in determining the fair value of options granted and the related share-based compensation expense:

 

     Year Ended  
     August 29,
2015
    August 30,
2014
    August 31,
2013
 

Expected price volatility

     20     23     29

Risk-free interest rates

     1.4     1.0     0.5

Weighted average expected lives (in years)

     5.1        5.2        5.2   

Forfeiture rate

     9     9     10

Dividend yield

     0     0     0
Stock Option Activity

The Company generally issues new shares when options are exercised. The following table summarizes information about stock option activity for the year ended August 29, 2015:

 

     Number
of Shares
     Weighted
Average
Exercise
Price
     Weighted-
Average
Remaining
Contractual
Term

(in years)
     Aggregate
Intrinsic
Value

(in thousands)
 

Outstanding – August 30, 2014

     1,838,888       $ 269.32         

Granted

     329,700         508.84         

Exercised

     (364,465      186.17         

Cancelled

     (34,694      431.59         
  

 

 

          

Outstanding – August 29, 2015

     1,769,429         327.90         6.32       $ 705,102   
  

 

 

          

Exercisable

     981,591         238.21         4.88         479,195   
  

 

 

          

Expected to vest

     716,933         439.65         8.11         205,575   
  

 

 

          

Available for future grants

     1,479,663