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Business Segments (Tables)

6 Months Ended

Feb. 27, 2021

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The following table shows information by reportable segment:

			Three Months Ended												Six Months Ended
(in thousands)			February 27, 2021						February 29, 2020						February 27, 2021						February 29, 2020
Net Revenues
Towable			$	439,284					$	283,463					$	894,185					$	624,713
Motorhome			382,575						325,542						704,964						551,433
Corporate / All Other			18,027						17,805						33,868						39,122
Consolidated			$	839,886					$	626,810					$	1,633,017					$	1,215,268
Adjusted EBITDA
Towable			$	62,366					$	34,746					$	125,509					$	70,531
Motorhome			50,969						14,946						81,312						24,277
Corporate / All Other			(5,370)						(4,263)						(9,563)						(7,331)
Consolidated			$	107,965					$	45,429					$	197,258					$	87,477
Capital Expenditures
Towable			$	2,714					$	5,640					$	6,851					$	9,666
Motorhome			3,268						5,372						7,271						7,612
Corporate / All Other			249						1,421						798						1,779
Consolidated			$	6,231					$	12,433					$	14,920					$	19,057

(in thousands)															February 27, 2021						August 29, 2020
Total Assets
Towable															$	723,388					$	718,253
Motorhome															694,077						600,304
Corporate / All Other															438,330						395,143
Consolidated															$	1,855,795					$	1,713,700

Reconciliation of net income to consolidated Adjusted EBITDA:

			Three Months Ended												Six Months Ended
(in thousands)			February 27, 2021						February 29, 2020						February 27, 2021						February 29, 2020
Net income			$	69,068					$	17,268					$	126,491					$	31,336
Interest expense			10,052						8,651						19,993						14,700
Provision for income taxes			21,166						3,995						38,723						7,888
Depreciation			4,399						4,134						8,559						7,720
Amortization of intangible assets			3,591						7,974						7,181						11,588
EBITDA			108,276						42,022						200,947						73,232
Acquisition-related fair-value inventory step-up			—						3,634						—						4,810
Acquisition-related costs			—						—						—						9,950
Restructuring expenses			—						43						93						(129)
Gain on sale of property and equipment			—						—						(3,565)						—
Non-operating income			(311)						(270)						(217)						(386)
Adjusted EBITDA			$	107,965					$	45,429					$	197,258					$	87,477

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599

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- References

No definition available.

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