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v3.20.2

Employee and Retiree Benefits (Tables) | 12 Months Ended
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Aug. 29, 2020
Retirement Benefits [Abstract] |
Schedule of Deferred Compensation Benefits | Deferred compensation benefits are as follows:
(in thousands) | August 29, 2020 |  | August 31, 2019
Non-qualified deferred compensation | $ | 11,460 |  |  | $ | 13,093 |
Supplemental executive retirement plan | 1,838 |  |  | 2,072 |
Executive share option plan | — |  |  | 12 |
Executive deferred compensation plan | 710 |  |  | 621 |
Total deferred compensation benefits | 14,008 |  |  | 15,798 |
Less current portion(1) | 2,878 |  |  | 2,920 |
Deferred compensation benefits, net of current portion | $ | 11,130 |  |  | $ | 12,878 |
(1) Included in accrued compensation in the consolidated balance sheets.
Investment in Life Insurance | The cash surrender value of these policies is presented in investment in life insurance in the accompanying balance sheets and consists of the following:
(in thousands) | August 29, 2020 |  | August 31, 2019
Cash value | $ | 64,214 |  |  | $ | 61,836 |
Borrowings | (36,376) |  |  | (34,990) |
Investment in life insurance | $ | 27,838 |  |  | $ | 26,846 |

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- Definition Tabular disclosure of the amounts that are recognized in the balance sheet (or statement of financial position) for pension plans and/or other employee benefit plans, showing separately the assets and current and noncurrent liabilities (if applicable) recognized. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920 + Details
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- Definition Investment in life insurance [Table Text Block] + References No definition available. + Details
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