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Share-Based Payments (Tables)
3 Months Ended
Nov. 19, 2022
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 19, 2022 and November 20, 2021, using the Black-Scholes-Merton multiple-option pricing valuation model, was $760.82 and $462.80 per share, respectively, using the following weighted average key assumptions:

Twelve Weeks Ended

    

November 19,

    

November 20,

    

    

2022

2021

Expected price volatility

 

29

%  

28

%

Risk-free interest rate

 

3.8

%  

1.1

%

Weighted average expected lives (in years)

 

5.4

 

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 19, 2022 were as follows:

Weighted-

    

Number

    

Average Grant

of Shares

Date Fair Value

Nonvested at August 27, 2022

 

12,731

$

1,223.61

Granted

 

2,595

2,205.03

Vested

 

(5,646)

1,074.44

Forfeited

 

(588)

1,461.94

Nonvested at November 19, 2022

 

9,092

$

1,580.94