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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Feb. 24, 2018
Feb. 25, 2017
Operating activities:    
Net income $ 40,046 $ 27,016
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 4,328 3,428
Amortization of intangible assets 3,988 12,418
Amortization of debt issuance costs 826 485
LIFO expense 598 598
Stock-based compensation 3,553 1,539
Deferred income taxes 2,080 6,857
Deferred compensation expense and postretirement benefit income 578 (24,034)
Other (498) (452)
Change in assets and liabilities:    
Inventories (36,379) (11,232)
Receivables, prepaid and other assets (31,096) (21,551)
Income taxes and unrecognized tax benefits (4,510) (4,631)
Accounts payable and accrued expenses 32,908 16,131
Postretirement and deferred compensation benefits (1,377) (1,430)
Net cash provided by operating activities 15,045 5,142
Investing activities:    
Purchases of property and equipment (11,675) (6,938)
Proceeds from the sale of property 299 65
Acquisition of business, net of cash acquired 0 394,694
Other (18) 620
Net cash used in investing activities (11,394) (400,947)
Financing activities:    
Payments for repurchases of common stock (1,478) (1,365)
Payments of cash dividends (6,375) (6,370)
Payments of debt issuance costs 0 (11,020)
Borrowings on credit facility 19,700 366,400
Repayments of credit facility 24,000 26,400
Other 0 (92)
Net cash (used in) provided by financing activities (12,153) 321,153
Net decrease in cash and cash equivalents (8,502) (74,652)
Cash and cash equivalents at beginning of period 35,945 85,583
Cash and cash equivalents at end of period 27,443 10,931
Supplemental cash flow disclosure:    
Income taxes paid, net 19,290 11,692
Interest paid 8,906 1,731
Non-cash transactions:    
Issuance of Winnebago common stock for acquisition of business 0 124,066
Capital expenditures in accounts payable $ 1,012 $ 322