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Summary of Significant Accounting Policies (Tables) | 12 Months Ended
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Aug. 29, 2020
Accounting Policies [Abstract] |
Depreciation of Property and Equipment | Depreciation of property and equipment is computed using the straight-line method on the cost of the assets, less allowance for salvage value where appropriate, at rates based upon their estimated service lives as follows:
Asset Class | Asset Life
Buildings | 10-30 years
Machinery and equipment | 3-15 years
Software | 5-10 years
Transportation equipment | 5-6 years
Property, plant, and equipment is stated at cost, net of accumulated depreciation and consists of the following:
(in thousands) | August 29, 2020 |  | August 31, 2019
Land | $ | 11,101 |  |  | $ | 6,799 |
Buildings and building improvements | 165,343 |  |  | 119,638 |
Machinery and equipment | 117,370 |  |  | 107,701 |
Software | 28,456 |  |  | 29,169 |
Transportation | 4,913 |  |  | 3,865 |
Property, plant, and equipment, gross | 327,183 |  |  | 267,172 |
Less accumulated depreciation | 152,238 |  |  | 139,600 |
Property, plant, and equipment, net | $ | 174,945 |  |  | $ | 127,572 |
Balance Sheet Impacts By Adoption of Leases Accounting Standard Update |
(in thousands) | August 31, 2019 As Reported |  | ASU 2016-02 Adjustment on September 1, 2019 |  | September 1, 2019 As Adjusted
Assets |  |  |  |  |
Other intangible assets, net | 256,082 |  |  | $ | (1,310) |  |  | $ | 254,772 |
Lease assets | — |  |  | 33,811 |  |  | 33,811 |
Total assets | $ | 1,104,231 |  |  | $ | 32,501 |  |  | $ | 1,136,732 |
Liabilities and Stockholders' Equity |  |  |  |  |
Accrued expenses: Other | $ | 13,678 |  |  | $ | 1,258 |  |  | $ | 14,936 |
Total current liabilities | 197,744 |  |  | 1,258 |  |  | 199,002 |
Lease liabilities | — |  |  | 31,243 |  |  | 31,243 |
Total non-current liabilities | 274,275 |  |  | 31,243 |  |  | 305,518 |
Total liabilities and stockholders' equity | 1,104,231 |  |  | $ | 32,501 |  |  | $ | 1,136,732 |

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- Definition Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(13)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229 + Details
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