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Share-Based Payments (Tables)
3 Months Ended
Nov. 18, 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 twelve week period ended November 18, 2023 and November 19, 2022, using the Black-Scholes-Merton multiple-option pricing valuation model, was $913.31 and $760.82 per share, respectively, using the following weighted average key assumptions:

Twelve Weeks Ended

    

November 18,

    

November 19,

    

    

2023

2022

Expected price volatility

 

29

%  

29

%

Risk-free interest rate

 

4.8

%  

3.8

%

Weighted average expected lives (in years)

 

5.4

 

5.4

 

Forfeiture rate

 

7

%  

10

%

Dividend yield

 

0

%  

0

%

Schedule of Nonvested Restricted Stock Units Activity

Transactions related to restricted stock units for the twelve weeks ended November 18, 2023 were as follows:

Weighted-

    

Number

    

Average Grant

of Shares

Date Fair Value

Nonvested at August 26, 2023

 

8,133

$

1,572.87

Granted

 

2,173

2,549.04

Vested

 

(3,741)

1,383.34

Forfeited

 

(183)

1,933.41

Nonvested at November 18, 2023

 

6,382

$

2,000.23