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Consolidated Balance Sheets - USD ($)
$ in Thousands
Aug. 29, 2020
Aug. 31, 2019
Current assets:    
Cash and cash equivalents $ 292,575 $ 37,431
Receivables, less allowance for doubtful accounts ($353 and $160, respectively) 220,798 158,049
Inventories 182,941 201,126
Prepaid expenses and other assets 17,296 14,051
Total current assets 713,610 410,657
Property, plant, and equipment, net 174,945 127,572
Other assets:    
Goodwill 348,058 274,931
Other intangible assets, net 404,768 256,082
Investment in life insurance 27,838 26,846
Operating lease assets 29,463  
Other assets 15,018 8,143
Total assets 1,713,700 1,104,231
Current liabilities:    
Accounts payable 132,490 81,635
Income taxes payable 8,840 0
Accrued expenses:    
Accrued compensation 36,533 20,328
Product warranties 64,031 44,436
Self-insurance 17,437 13,820
Promotional 12,543 10,896
Accrued interest 4,652 4,059
Other 23,864 13,678
Current maturities of long-term debt 0 8,892
Total current liabilities 300,390 197,744
Non-current liabilities:    
Long-term debt, less current maturities 512,630 245,402
Deferred income taxes 15,608 12,032
Unrecognized tax benefits 6,511 3,591
Operating lease liabilities 27,048  
Deferred compensation benefits, net of current portion 11,130 12,878
Other 12,917 372
Total non-current liabilities 585,844 274,275
Contingent liabilities and commitments (Note 12)
Stockholders' equity:    
Preferred stock, par value $0.01: Authorized-10,000 shares; Issued-none 0 0
Common stock, par value $0.50: Authorized-60,000 shares; Issued-51,776 shares 25,888 25,888
Additional paid-in capital 203,791 91,185
Retained earnings 913,610 866,886
Accumulated other comprehensive income (loss) (526) (491)
Treasury stock, at cost: 18,133 and 20,262 shares, respectively (315,297) (351,256)
Total stockholders' equity 827,466 632,212
Total liabilities and stockholders' equity $ 1,713,700 $ 1,104,231