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Leases (Tables) | 6 Months Ended
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Feb. 27, 2021
Leases [Abstract] |
Components Of Lease Expense |
|  | Thirteen Weeks Ended | Thirteen Weeks Ended
|  | February 27, 2021 | February 29, 2020
Operating lease cost |  | $ | 6,182 |  | $ | 6,188
Variable lease benefit |  |  | (538) |  |  | (51)
Short-term lease cost |  |  | 244 |  |  | 220
Finance lease cost: |  |  |  |  |  |
Amortization of leased assets |  |  | 322 |  |  | 311
Interest on leased liabilities |  |  | 21 |  |  | 30
Total Lease Cost |  | $ | 6,231 |  | $ | 6,698
|  | Twenty-Six Weeks Ended | Twenty-Six Weeks Ended
|  | February 27, 2021 | February 29, 2020
Operating lease cost |  | $ | 12,866 |  | $ | 12,360
Variable lease benefit |  |  | (1,021) |  |  | (91)
Short-term lease cost |  |  | 403 |  |  | 484
Finance lease cost: |  |  |  |  |  |
Amortization of leased assets |  |  | 644 |  |  | 573
Interest on leased liabilities |  |  | 45 |  |  | 55
Total Lease Cost |  | $ | 12,937 |  | $ | 13,381
Supplemental Balance Sheet Information |
|  | As of |  |  | As of
|  | February 27, |  | August 29,
| Classification | 2021 |  |  | 2020
Assets |  |
Operating lease assets | Operating lease assets | $ | 41,758 | (2) | $ | 56,173
Finance lease assets (1) | Property, plant and equipment, net |  | 2,981 |  |  | 3,625
Total leased assets |  | $ | 44,739 |  | $ | 59,798
Liabilities |  |  |  |  |  |
Current |  |  |  |  |  |
Operating | Current portion of operating lease liabilities | $ | 19,956 |  | $ | 21,815
Finance | Current portion of debt including obligations under finance leases |  | 1,280 |  |  | 1,262
Noncurrent |  |  |  |  |  |
Operating | Noncurrent operating lease liabilities |  | 37,640 |  |  | 34,379
Finance | Long-term debt including obligations under finance leases |  | 1,793 |  |  | 2,453
Total lease liabilities |  | $ | 60,669 |  | $ | 59,909
(1) Finance lease assets are net of accumulated amortization of $2,083 and $1,439 as of February 27, 2021 and August 29, 2020, respectively.
(2) During the twenty-six-week period ended February 27, 2021, the Company recorded an impairment charge of $16,736 for impacted operating lease assets which is included in Restructuring costs on the unaudited Condensed Consolidated Statements of Income for the thirteen-and twenty-six weeks ended February 27, 2021. See Note 9 “Restructuring Costs” for additional information.
|  | As of |  | As of
|  | February 27, |  | February 29,
|  | 2021 |  | 2020
Weighted-average remaining lease term (in years) |  |  |  |  |  |
Operating Leases |  | 4.7 |  |  | 4.0 |
Finance Leases |  | 2.5 |  |  | 3.4 |
Weighted-average discount rate |  |  |  |  |  |
Operating Leases |  | 3.7 | % |  | 3.5 | %
Finance Leases |  | 2.7 | % |  | 2.6 | %
Supplemental Cash Flow Information |
|  | Twenty-Six Weeks Ended |  | Twenty-Six Weeks Ended
|  | February 27, 2021 |  | February 29, 2020
Operating Cash Outflows from Operating Leases |  | $ | 12,785 |  | $ | 12,188
Operating Cash Outflows from Finance Leases |  |  | 45 |  |  | 55
Financing Cash Outflows from Finance Leases |  |  | 642 |  |  | 504
Leased assets obtained in exchange for new lease liabilities: |  |  |  |  |  |
Operating Leases |  | $ | 9,670 |  | $ | 9,817
Finance Leases |  |  | - |  |  | 1,973
Schedule Of Future Lease Payments |
Fiscal Year (1) |  | Operating Leases |  | Finance Leases |  | Total
2021 (excluding six months) |  | $ | 11,778 |  | $ | 687 |  | $ | 12,465
2022 |  |  | 16,970 |  |  | 1,344 |  |  | 18,314
2023 |  |  | 10,403 |  |  | 1,018 |  |  | 11,421
2024 |  |  | 7,187 |  |  | 152 |  |  | 7,339
2025 |  |  | 4,940 |  |  | 3 |  |  | 4,943
Thereafter |  |  | 11,584 |  |  | - |  |  | 11,584
Total Lease Payments |  |  | 62,862 |  |  | 3,204 |  |  | 66,066
Less: Imputed Interest |  |  | 5,266 |  |  | 131 |  |  | 5,397
Present Value of Lease Liabilities (2) |  | $ | 57,596 |  | $ | 3,073 |  | $ | 60,669
(1) Future lease payments by fiscal year are based on contractual lease obligations
(2) Includes the curren t portion of $19,956 for operating leases and $1,280 for fin ance leases

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- Definition Tabular disclosure of contractual obligation by timing of payment due. Includes, but is not limited to, long-term debt obligation, lease obligation, and purchase obligation. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 303 -Paragraph (a) -Subparagraph (5) + Details
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- 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
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