XML 30 R19.htm IDEA: XBRL DOCUMENT
v3.25.2

Restructuring and Other Costs | 9 Months Ended
--- | ---
May 31, 2025
Restructuring and Related Activities [Abstract] |
Restructuring and Other Costs | Restructuring and Other Costs Optimization of Company Operations and Profitability Improvement The Company continues to identify opportunities for improvements in its workforce realignment, strategy and staffing, and its focus on performance management, to ensure it has the right skill sets and number of associates to execute its long-term vision. As such, the Company extends voluntary and involuntary severance and separation benefits to certain associates in order to facilitate its workforce realignment. During the thirteen weeks ended May 31, 2025, the Company reduced its headcount by eliminating various positions to optimize its cost structure and improve operational efficiency. As part of the Company’s strategic realignment efforts to optimize its supply chain and distribution network and enhance operational efficiency, the Company engaged consultants beginning in fiscal year 2024 and continuing into fiscal year 2025. In connection with these efforts, in the second half of fiscal year 2024, the Company commenced its plan to sell its Columbus CFC. As such, the Company extended voluntary and involuntary severance and separation benefits to certain associates and incurred consulting-related costs in the same period in order to facilitate its network optimization and workforce realignment that qualify as exit and disposal costs under accounting principles generally accepted in the United States of America. During the thirteen weeks ended May 31, 2025, the Company disposed of the Columbus CFC and, after the settlement of certain closing costs and fees, recorded a loss on sale of property of $1,167, which is included in Operating expenses in the unaudited Condensed Consolidated Statement of Income for the thirteen- and thirty-nine-week periods ended May 31, 2025. In addition, from time to time, the Company incurs certain expenses that are an integral component of, and directly contribute to, its restructuring activities, which do not qualify as exit and disposal costs under accounting principles generally accepted in the United States of America. These expenses include professional and consulting-related costs directly associated with the optimization of the Company’s operations and profitability improvement, which are also included in Restructuring and other costs in the unaudited Condensed Consolidated Statements of Income. The following table summarizes Restructuring and other costs for the thirteen- and thirty-nine-week periods ended May 31, 2025 and June 1, 2024:
| Thirteen Weeks Ended |  | Thirty-Nine Weeks Ended
| May 31, 2025 |  | June 1, 2024 |  | May 31, 2025 |  | June 1, 2024
Consulting-related costs | $ | 380 |  |  | $ | 3,361 |  |  | $ | 4,130 |  |  | $ | 4,435 |
Associate severance and separation costs | 2,176 |  |  | 679 |  |  | 2,176 |  |  | 6,319 |
Equity award acceleration costs associated with severance | 124 |  |  | — |  |  | 124 |  |  | 383 |
Other exit-related costs | — |  |  | 650 |  |  | — |  |  | 650 |
Total Restructuring and other costs | $ | 2,680 |  |  | $ | 4,690 |  |  | $ | 6,430 |  |  | $ | 11,787 |
Liabilities associated with Restructuring and other costs are included in Accrued expenses and other current liabilities in the unaudited Condensed Consolidated Balance Sheet as of May 31, 2025. The following table summarizes activity related to liabilities associated with Restructuring and other costs for the thirty-nine week period ended May 31, 2025:
| Consulting-related costs |  | Associate severance and separation costs |  | Other exit-related costs |  | Total
Balance at August 31, 2024 | $ | 359 |  |  | $ | 697 |  |  | $ | 180 |  |  | $ | 1,236 |
Additions | 4,130 |  |  | 2,176 |  |  | — |  |  | 6,306 |
Payments and other adjustments | (4,489) |  |  | (831) |  |  | (180) |  |  | (5,500) |
Balance at May 31, 2025 | $ | — |  |  | $ | 2,042 |  |  | $ | — |  |  | $ | 2,042 |

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

X
- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4.e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/420/tableOfContent Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 + Details
Name: | us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration