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Business Segments (Tables)

3 Months Ended

Nov. 27, 2021

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Financial information by reportable segment is as follows:

			Three Months Ended
(in thousands)			November 27, 2021						November 28, 2020
Net Revenues
Towable			$	651,024					$	454,901
Motorhome			421,479						322,389
Marine			79,318						11,894
Corporate / All Other			3,919						3,947
Consolidated			$	1,155,740					$	793,131
Adjusted EBITDA
Towable			$	112,077					$	63,143
Motorhome			50,153						30,343
Marine			10,570						854
Corporate / All Other			(5,568)						(5,047)
Consolidated			$	167,232					$	89,293
Capital Expenditures
Towable			$	11,158					$	4,137
Motorhome			7,751						4,003
Marine			628						549
Corporate / All Other			3,678						—
Consolidated			$	23,215					$	8,689

(in thousands)			November 27, 2021						August 28, 2021
Assets
Towable			$	823,838					$	790,257
Motorhome			762,742						728,060
Marine			395,533						102,901
Corporate / All Other			224,248						441,349
Consolidated			$	2,206,361					$	2,062,567

Reconciliation of net income to consolidated Adjusted EBITDA is as follows:

			Three Months Ended
(in thousands)			November 27, 2021						November 28, 2020
Net income			$	99,630					$	57,423
Interest expense, net			10,242						9,941
Provision for income taxes			30,141						17,557
Depreciation			5,306						4,160
Amortization			8,172						3,590
EBITDA			153,491						92,671
Acquisition-related costs			3,384						—
Litigation reserves			4,000						—
Gain on sale of property, plant and equipment			—						(3,565)
Restructuring expenses			—						93
Contingent consideration fair value adjustment			6,370						—
Non-operating (income) loss			(13)						94
Adjusted EBITDA			$	167,232					$	89,293

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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=123359005&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=123359005&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=123359005&loc=d3e8906-108599

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- References

No definition available.

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