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Share-Based Payments (Tables)
8 Months Ended
May 06, 2023
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 thirty-six week periods ended May 6, 2023 and May 7, 2022, using the Black-Scholes-Merton multiple-option pricing valuation model, was $764.68 and $463.09 per share, respectively, using the following weighted average key assumptions:

Thirty-Six Weeks Ended

    

May 6,

    

May 7,

    

    

2023

2022

Expected price volatility

 

29

%  

28

%

Risk-free interest rate

 

3.8

%  

1.1

%

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 thirty-six weeks ended May 6, 2023 were as follows:

Weighted-

    

Number

    

Average Grant

of Shares

Date Fair Value

Nonvested at August 27, 2022

 

12,731

$

1,223.61

Granted

 

3,584

2,267.40

Vested

 

(6,643)

1,276.32

Forfeited

 

(1,338)

1,565.85

Nonvested at May 6, 2023

 

8,334

$

1,575.55