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Share-Based Payments (Tables)
6 Months Ended
Feb. 15, 2020
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 weighted average fair value of the stock option awards granted during the twenty-four week periods ended February 15, 2020 and February 9, 2019, using the Black-Scholes-Merton multiple-option pricing valuation model, was $252.39 and $208.33 per share, respectively, using the following weighted average key assumptions:
 
Twenty-Four
 Weeks Ended
 
 
 
   February 15,  
 
  
2020
 
  
 
  February 9,  
 
  
2019
 
 
 
 
 
 
 
 
 
 
Expected price volatility
   
22%
     
21%
 
Risk-free interest rate
   
1.4%
     
3.0%
 
Weighted average expected lives (in years)
   
5.5
     
5.6
 
Forfeiture rate
   
10%
     
10%
 
Dividend yield
   
0%
     
0%
 
Schedule of Nonvested Restricted Stock Units Activity
Transactions related to restricted stock units for the twenty-four weeks ended February 15, 2020 were as follows:
 
 
Number
 
 
 
 
of Shares
 
 
 
 
 
 
Weighted-Average
Grant Date Fair
Value
 
Nonvested at August 31, 2019
   
10,049
   
 
 
$
773.61
 
Granted
   
8,735
     
1,086.61
 
Vested
   
(4,183
)    
945.58
 
Canceled or forfeited
   
(165
)    
929.33
 
                 
Nonvested at February 15, 2020
   
14,436
   
 
 
$
911.39