XML 41 R28.htm IDEA: XBRL DOCUMENT
v3.20.4

Leases (Tables) | 3 Months Ended
--- | ---
Nov. 21, 2020
Leases. |
Balance Sheet Information Related to Leases |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | November 21, |  | August 29,
(in thousands) |  | Classification |  | 2020 | ​ | 2020
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Assets: |  |  |  | ​ |  | ​ | ​ | ​
Operating |  | Operating lease right-of-use assets | ​ | $ | 2,607,019 | ​ | $ | 2,581,677
Finance |  | Property and equipment | ​ |  | 328,153 | ​ |  | 327,006
Total lease assets |  |  | ​ | $ | 2,935,172 | ​ | $ | 2,908,683
Liabilities: |  |  | ​ |  |  | ​ |  | ​
Current: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Operating |  | Current portion of operating lease liabilities | ​ | $ | 246,332 | ​ | $ | 223,846
Finance |  | Accrued expenses and other | ​ |  | 63,408 | ​ |  | 67,498
Noncurrent: |  |  | ​ |  |  | ​ |  | ​
Operating |  | Operating lease liabilities, less current portion | ​ |  | 2,524,008 | ​ |  | 2,501,560
Finance |  | Other long-term liabilities | ​ |  | 169,513 | ​ |  | 155,855
Total lease liabilities |  |  | ​ | $ | 3,003,261 | ​ | $ | 2,948,759
Lease Cost |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | Twelve Weeks Ended
​ | ​ | ​ | ​ | November 21, | ​ | November 23,
(in thousands) | ​ | Statement of Income Location | ​ | 2020 |  | 2019
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Finance lease cost: |  |  |  | ​ |  | ​ | ​ |
Amortization of lease assets |  | Depreciation and amortization | ​ | $ | 9,319 | ​ | $ | 12,656
Interest on lease liabilities |  | Interest expense, net | ​ |  | 703 | ​ |  | 1,385
Operating lease cost(1) |  | Selling, general and administrative expenses | ​ |  | 84,103 | ​ |  | 81,799
Total lease cost | ​ | ​ | ​ | $ | 94,125 | ​ | $ | 95,840
​
(1) | Includes short-term leases, variable lease costs and sublease income, which are immaterial.
Information on Lease Term and Discount Rate |
​ | ​ | ​ | ​
​ |  | November 21, |
​ | ​ | 2020 | ​
​ | ​ | ​ | ​
Weighted-average remaining lease term in years, inclusive of renewal options that are reasonably certain to be exercised: |  |  | ​
Finance leases – real estate |  | 27 | ​
Finance leases – vehicles |  | 4 | ​
Operating leases |  | 15 | ​
Weighted-average discount rate: |  |  | ​
Finance leases – real estate |  | 3.48 | %
Finance leases – vehicles |  | 2.04 | %
Operating leases |  | 3.46 | %
Other Information Related to Lease Liabilities |
​ | ​ | ​ | ​
​ |  | November 21, |
​ | ​ | 2020 | ​
​ | ​ | ​ | ​
Weighted-average remaining lease term in years, inclusive of renewal options that are reasonably certain to be exercised: |  |  | ​
Finance leases – real estate |  | 27 | ​
Finance leases – vehicles |  | 4 | ​
Operating leases |  | 15 | ​
Weighted-average discount rate: |  |  | ​
Finance leases – real estate |  | 3.48 | %
Finance leases – vehicles |  | 2.04 | %
Operating leases |  | 3.46 | %
​ The following table summarizes the other information related to the Company’s lease liabilities:

X
- Definition Schedule of lease term and discount rate + References No definition available. + Details
Name: | azo_ScheduleOfLeaseTermAndDiscountRateTableTextBlock
Namespace Prefix: | azo_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of Supplemental Balance sheet Information Related Leases. + References No definition available. + Details
Name: | azo_ScheduleOfSupplementalBalanceSheetInformationRelatedLeasesTableTextBlock
Namespace Prefix: | azo_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Summary of other information related to lease liabilities + References No definition available. + Details
Name: | azo_SummaryOfOtherInformationRelatedToLeaseLiabilitiesTableTextBlock
Namespace Prefix: | azo_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918686-209980 + Details
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration