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Business And Summary Of Significant Accounting Policies (Tables)
 12 Months Ended
Aug. 31, 2024
Accounting Policies [Abstract]  
Change in the Carrying Amount of Goodwill
The balances and changes in the carrying amount of goodwill are as follows:
Balance as of September 3, 2022$710,130
Buckeye/Tru-Edge acquisition (1)
7,826
Tower Fasteners, LLC post-closing working capital adjustment (2)
123
Foreign currency translation adjustments95
Balance as of September 2, 2023$718,174
KAR acquisition (3)
3,860
ApTex acquisition (3)
1,108
Premier acquisition (3)
1,530
Foreign currency translation adjustments(778)
Balance as of August 31, 2024$723,894
(1)In January 2023, the Company acquired certain assets and assumed certain liabilities of Buckeye and Tru-Edge (each, as defined in Note 6, “Acquisitions”).
(2)In August 2022, the Company acquired 100% of the outstanding equity of Tower Fasteners, LLC.
(3)In January 2024, the Company acquired 100% of the outstanding equity of KAR, and in June 2024, the Company acquired 100% of the outstanding equity of ApTex and acquired certain assets and assumed certain liabilities of Premier (each, as defined in Note 6, “Acquisitions”).
Components of Other Intangible Assets
The components of the Company’s intangible assets for fiscal years 2024 and 2023 are as follows:
For the Fiscal Years Ended
August 31, 2024September 2, 2023
Weighted-Average Useful Life (in years)Gross Carrying AmountAccumulated AmortizationGross Carrying AmountAccumulated Amortization
Customer Relationships14.5$187,846$(103,722)$252,769$(157,306)
Non-Compete Agreements3.61,056(854)966(575)
Intellectual Property5.02,894(425)—— 
Trademarks6.58,248(4,771)7,546(3,842)
TrademarksIndefinite10,875— 11,083— 
Total13.9$210,919$(109,772)$272,364$(161,723)
Schedule of Estimated Amortization Expense Estimated amortization expense for each of the five succeeding fiscal years is as follows:
Fiscal YearEstimated Amortization Expense
2025$16,023
202615,571
202715,478
202812,895
20299,942