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Long-Term Debt (Tables)

6 Months Ended

Feb. 27, 2021

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

The components of long-term debt are as follows:

(in thousands)			February 27, 2021						August 29, 2020
ABL Credit Facility			$	—					$	—
Senior Secured Notes			300,000						300,000
Convertible Notes			300,000						300,000
Long-term debt, gross			600,000						600,000
Convertible Notes unamortized interest discount			(67,525)						(74,294)
Debt issuance costs, net			(12,191)						(13,076)
Long-term debt, net			$	520,284					$	512,630

Schedule of Maturities of Long-term Debt

Aggregate contractual maturities of debt in future fiscal years are as follows:

(in thousands)			Amount
Fiscal 2021			$	—
Fiscal 2022			—
Fiscal 2023			—
Fiscal 2024			—
Fiscal 2025			300,000
Thereafter			300,000
Total Senior Secured Notes and Convertible Notes			$	600,000

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Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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