XML 29 R19.htm IDEA: XBRL DOCUMENT
v3.22.2

Asset Retirement Obligations | 9 Months Ended
--- | ---
May 28, 2022
Asset Retirement Obligation Disclosure [Abstract] |
Asset Retirement Obligations | 11. Asset Retirement Obligations The Company recognizes asset retirement obligations in the period in which they are incurred if a reasonable estimate of fair value can be made. The associated asset retirement costs are capitalized as part of the carrying amount of the long-lived asset. The Company continues to depreciate, on a straight-line basis, the amount added to property, plant and equipment and recognizes accretion expense in connection with the discounted liability over the various remaining lives which range from approximately 1 to 22 years. A reconciliation of the Company’s asset retirement liability for the thirty-nine weeks ended May 28, 2022 was as follows (in thousands):
|  | May 28, 2022 |
Beginning balance as of August 28, 2021 |  | $ | 14,887 |
Accretion expense |  |  | 732 |
Effect of exchange rate changes |  |  | (331 | )
Balance as of May 28, 2022 |  | $ | 15,288 |
Asset retirement obligations are included in long-term accrued liabilities in the Company’s consolidated balance sheets.

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

X
- Definition The entire disclosure for an asset retirement obligation and the associated long-lived asset. An asset retirement obligation is a legal obligation associated with the disposal or retirement from service of a tangible long-lived asset that results from the acquisition, construction or development, or the normal operations of a long-lived asset, except for certain obligations of lessees. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 410 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=2175671 + Details
Name: | us-gaap_AssetRetirementObligationDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration