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Leases (Tables)
12 Months Ended
Sep. 02, 2023
Leases [Abstract]  
Components of Lease Cost
The components of lease cost for fiscal years 2023 and 2022 were as follows:
For the Fiscal Years Ended
September 2, 2023September 3, 2022
Operating lease cost$22,935 $19,995 
Variable lease cost (benefit)339 (355)
Short-term lease cost3,236 4,496 
Finance lease cost:
Amortization of leased assets957 1,265 
Interest on leased liabilities18 48 
Total Lease Cost $27,485 $25,449 
Supplemental Balance Sheet Information
Supplemental balance sheet information relating to operating and finance leases is as follows:
ClassificationSeptember 2,
2023
September 3,
2022
Assets
Operating lease assets Operating lease assets $65,909 $64,780 
Finance lease assets (1)
Property, plant and equipment, net 473 1,118 
Total leased assets $66,382 $65,898 
Liabilities
Current
OperatingCurrent portion of operating lease liabilities $21,168 $18,560 
Finance Current portion of debt including obligations under finance leases 249 996 
Noncurrent
Operating Noncurrent operating lease liabilities 45,924 47,616 
FinanceLong-term debt including obligations under finance leases 226 184 
Total lease liabilities $67,567 $67,356 
(1)Finance lease assets are net of accumulated amortization of $2,952 and $3,447 as of September 2, 2023 and September 3, 2022, respectively.
September 2, 2023September 3, 2022
Weighted-average remaining lease term (in years)
Operating Leases4.04.7
Finance Leases 2.11.2
Weighted-average discount rate
Operating Leases3.8 %3.1 %
Finance Leases 4.5 %2.7 %
Supplemental Cash Flow Information
The following table sets forth supplemental cash flow information related to operating and finance leases:
For the Fiscal Years Ended
September 2, 2023September 3, 2022
Operating Cash Outflows from Operating Leases $22,779 $19,535 
Operating Cash Outflows from Finance Leases 18 48 
Financing Cash Outflows from Finance Leases 1,019 1,305 
Leased assets obtained in exchange for new lease liabilities:
Operating Leases$21,060 $33,608 
Finance Leases 317 17 
Schedule of Future Lease Payments
As of September 2, 2023, future lease payments were as follows:
Fiscal Year (1)
Operating LeasesFinance LeasesTotal
2024$23,422 $275 $23,697 
202519,093 126 19,219 
202612,555 111 12,666 
20278,226 — 8,226 
20284,133 — 4,133 
Thereafter 5,522 — 5,522 
Total Lease Payments 72,951 512 73,463 
Less: Imputed Interest 5,859 37 5,896 
Present Value of Lease Liabilities (2)
$67,092 $475 $67,567 
(1)Future lease payments by fiscal year are based on contractual lease obligations.
(2)Includes the current portion of $21,168 for operating leases and $249 for finance leases.