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Property, Plant, and Equipment (Tables)

12 Months Ended

Aug. 29, 2020

Property, Plant and Equipment, Net [Abstract]

Property, Plant, 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

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- References

No definition available.

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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

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