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Share-Based Payments (Tables)
12 Months Ended
Aug. 25, 2018
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 25,
2018
    August 26,
2017
    August 27,
2016
 

Expected price volatility

     20     18     18

Risk-free interest rates

     1.9     1.2     1.5

Weighted average expected lives (in years)

     5.1       5.1       5.1  

Forfeiture rate

     10     10     10

Dividend yield

     0     0     0

Stock Option Activity

The following table summarizes information about stock option activity for the year ended August 25, 2018:

 

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

(in years)
     Aggregate
Intrinsic
Value

(in thousands)
 

Outstanding – August 26, 2017

     1,798,055      $ 493.18        

Granted

     284,335        587.57        

Exercised

     (297,616      298.02        

Cancelled

     (77,908      672.61        
  

 

 

          

Outstanding – August 25, 2018

     1,706,866        534.74        6.06      $ 402,631  
  

 

 

          

Exercisable

     1,014,819        446.07        4.73        329,352  
  

 

 

          

Expected to vest

     622,842        664.77        8.02        38,387  
  

 

 

          

Available for future grants

     686,577