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Income Taxes (Tables)

12 Months Ended

Aug. 28, 2021

Income Tax Disclosure [Abstract]

Schedule of Income Tax Expense

Income tax expense consisted of the following:

			2021						2020						2019
Current
Federal			$	71,579					$	14,318					$	16,433
State			16,179						2,806						3,138
Total			87,758						17,124						19,571
Deferred
Federal			737						(790)						6,395
State			(2,916)						(500)						1,145
Total			(2,179)						(1,290)						7,540
Provision for income taxes			$	85,579					$	15,834					$	27,111

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the U.S. statutory income tax rate to our effective income tax rate is as follows:

			2021						2020						2019
U.S. federal statutory rate			21.0		%				21.0		%				21.0		%
State taxes, net of federal benefit			3.3		%				1.9		%				2.9		%
Income tax credits			(0.6)		%				(2.5)		%				(4.5)		%
Nondeductible compensation			0.5		%				0.9		%				—		%
Tax-free and dividend income			(0.1)		%				(0.6)		%				(0.5)		%
Uncertain tax position settlements and adjustments			(0.1)		%				0.1		%				0.9		%
Other items			(0.7)		%				(0.3)		%				(0.3)		%
Effective tax provision rate			23.3		%				20.5		%				19.5		%

Schedule of Deferred Income Taxes

The tax effects of temporary differences that give rise to deferred income taxes were as follows:

			August 28, 2021						August 29, 2020
Warranty reserves			$	22,450					$	13,969
Deferred compensation			5,224						5,406
Self-insurance reserve			4,336						3,426
Stock-based compensation			4,607						2,865
Leases			8,422						8,638
Other(1)			7,170						6,191
Total deferred tax assets			52,209						40,495
Convertible notes			2,608						3,125
Intangibles			39,940						32,933
Depreciation			15,161						11,715
Leases			7,929						8,330
Total deferred tax liabilities			65,638						56,103
Total deferred income tax liabilities, net			$	13,429					$	15,608

(1)    Other includes $400 and $500 related to state net operating losses as of August 28, 2021 and August 29, 2020, respectively. These net operating losses are subject to various expiration periods from 5 years to no expiration. We have evaluated all the positive and negative evidence and consider it more likely than not that these carryforwards can be realized before expiration.

Schedule of Unrecognized Tax Benefits

Changes in the unrecognized tax benefits are as follows:

			2021						2020						2019
Balance at beginning of year			$	5,830					$	2,822					$	1,220
Gross increases-tax positions in a prior year			—						2,486						1,173
Gross decreases-tax positions in a prior year			(872)						—						—
Gross increases-current year tax positions			579						522						429
Balance at end of year			5,537						5,830						2,822
Accrued interest and penalties			946						681						769
Total unrecognized tax benefits			$	6,483					$	6,511					$	3,591

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure for tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities and other income tax contingencies. Includes, but is not limited to, interest and penalties, reconciliation of unrecognized tax benefits, unrecognized tax benefits that would affect the effective tax rate, tax years that remain subject to examination by tax jurisdictions, and information about positions for which it is reasonably possible that amounts unrecognized will significantly change within 12 months.

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