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Share-Based Payments (Tables)
3 Months Ended
Nov. 20, 2021
Share-Based Payments  
Schedule of 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 twelve week periods ended November 20, 2021 and November 21, 2020, using the Black-Scholes-Merton multiple-option pricing valuation model, was $462.80 and $299.48 per share, respectively, using the following weighted average key assumptions:

Twelve Weeks Ended

    

November 20,

    

November 21,

    

    

2021

2020

Expected price volatility

 

28

%  

28

%

Risk-free interest rate

 

1.1

%  

0.4

%

Weighted average expected lives (in years)

 

5.6

 

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 twelve weeks ended November 20, 2021 were as follows:

Weighted-

    

Number

    

Average Grant

of Shares

Date Fair Value

Nonvested at August 28, 2021

 

15,751

$

1,005.41

Granted

 

4,352

1,651.22

Vested

 

(5,373)

 

957.89

Canceled or forfeited

 

(696)

 

1,023.97

Nonvested at November 20, 2021

 

14,034

$

1,222.96