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Acquisitions
 6 Months Ended
Feb. 28, 2026
Business Combination [Abstract]  
Acquisitions

3. Acquisitions

 

During the twenty-six weeks ended February 28, 2026, the Company completed five First Aid & Safety Solutions segment acquisitions and one Other segment acquisition with an aggregate purchase price of approximately $15.1 million and $0.9 million, respectively.

 

Cash paid for the Other segment acquisition was $0.9 million. The acquisition included cash and cash equivalents of approximately $0.2 million.

 

The Company has prepared purchase price allocations for the business combinations on a preliminary basis. The purchase price was primarily allocated to goodwill and intangible assets, with tangible assets consisting mainly of inventory and property, plant and equipment. A portion of the total purchase price is subject to holdback arrangements, which are typically payable within a one-year period following the acquisition date and contingent upon the achievement of specified revenue targets. The operating results of these businesses have been included in the Company’s consolidated financial statements from their respective acquisition dates. As these acquisitions were not material to the Company’s consolidated results, pro forma financial information has not been presented.

 

The following table presents aggregate information relating to the acquisition of businesses during the twenty-six weeks ended February 28, 2026 (in thousands):

 

Twenty-Six Weeks Ended

 

February 28, 2026

 

Cash and cash equivalents

 

$

282

 

Tangible assets acquired

 

 

1,474

 

Goodwill

 

 

12,160

 

Customer contracts

 

 

2,143

 

Other intangibles assets

 

 

236

 

Liabilities assumed

 

 

(303

)

    Total consideration paid for acquisition of businesses

 

 

15,992

 

Contingent holdbacks

 

 

(1,671

)

    Acquisition of businesses, net of contingent holdbacks

 

$

14,321