Leases (Tables)

9 Months Ended

May 30, 2020

Schedule of Operating Lease Cost and Information Related to Operating Lease Right-of-use Assets, Net and Operating Lease Liabilities

The following table presents the operating lease cost and information related to the operating lease right-of-use assets, net and operating lease liabilities for the thirty-nine weeks ended May 30, 2020:

(In thousands, except lease term and discount rate)
Lease cost
Operating lease costs including short-term lease expense and variable lease costs, which were immaterial in the period	$	13,528

Operating cash flow impacts
Cash paid for amounts included in the measurement of operating lease liabilities	$	9,805
Operating lease right-of-use assets obtained in exchange for new operating lease liabilities	$	5,893
Weighted-average remaining lease term - operating leases	4.5
Weighted-average discount rate - operating leases		2.85	%

Schedule of Contractual Future Minimum Lease Payments of Operating Lease Liabilities

The contractual future minimum lease payments of the Company's operating lease liabilities by fiscal year are as follows as of May 30, 2020:

(In thousands)
2020 (remaining three months)	$	3,298
2021		12,857
2022		10,041
2023		7,571
2024		5,152
Thereafter		6,954
Total payments		45,873
Less interest		(2,543	)
Total present value of lease payments	$	43,330