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Goodwill and Intangible Assets (Tables) | 9 Months Ended
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May 27, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Changes in Carrying Amount of Goodwill | The changes in the carrying amount of goodwill by reportable segment, with no accumulated impairment losses, for the nine months ended May 27, 2023 and May 28, 2022 are as follows:
(in millions) | Towable RV |  | Motorhome RV |  | Marine |  | Corporate / All Other |  | Total
Balances at August 28, 2021 | $ | 244.7 |  |  | $ | 73.1 |  |  | $ | 30.3 |  |  | $ | — |  |  | $ | 348.1 |
Acquisition of Barletta(1) | — |  |  | — |  |  | 136.1 |  |  | — |  |  | 136.1 |
Balances at May 28, 2022 | $ | 244.7 |  |  | $ | 73.1 |  |  | $ | 166.4 |  |  | $ | — |  |  | $ | 484.2 |
Balances at August 27, 2022 | $ | 244.7 |  |  | $ | 73.1 |  |  | $ | 166.4 |  |  | $ | — |  |  | $ | 484.2 |
Acquisition of Lithionics(2) | — |  |  | — |  |  | — |  |  | 30.3 |  |  | 30.3 |
Balances at May 27, 2023 | $ | 244.7 |  |  | $ | 73.1 |  |  | $ | 166.4 |  |  | $ | 30.3 |  |  | $ | 514.5 |
(1) The change in marine activity is related to the acquisition of Barletta that occurred on August 31, 2021. See Note 2 in the Notes to Consolidated Financial Statements included in Item 1 of Part I of this Quarterly Report on Form 10-Q. (2) The change in corporate / all other activity is related to the acquisition of Lithionics that occurred on April 28, 2023. See Note 2 in the Notes to Consolidated Financial Statements included in Item 1 of Part I of this Quarterly Report on Form 10-Q.
Schedule of Other Intangible Assets | Other intangible assets, net of accumulated amortization, consist of the following:
| May 27, 2023
(in millions) | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Value
Trade names | $ | 356.4 |  |  | $ | — |  |  | $ | 356.4 |
Dealer networks/customer relationships | 183.6 |  |  | 71.6 |  |  | 112.0 |
Backlog | 43.6 |  |  | 42.4 |  |  | 1.2 |
Developed technology | 38.3 |  |  | 0.5 |  |  | 37.8 |
Non-compete agreements | 6.6 |  |  | 6.3 |  |  | 0.3 |
Other intangible assets | $ | 628.5 |  |  | $ | 120.8 |  |  | $ | 507.7 |
| August 27, 2022
(in millions) | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Value
Trade names | $ | 352.3 |  |  | $ | — |  |  | $ | 352.3 |
Dealer networks/customer relationships | 180.0 |  |  | 60.5 |  |  | 119.5 |
Backlog | 42.3 |  |  | 42.3 |  |  | — |
Non-compete agreements | 6.6 |  |  | 6.0 |  |  | 0.6 |
Other intangible assets | $ | 581.2 |  |  | $ | 108.8 |  |  | $ | 472.4 |
Schedule of Remaining Estimated Aggregate Annual Amortization Expense | Estimated future amortization expense related to finite-lived intangible assets is as follows:
(in millions) | Amortization
Remainder of Fiscal 2023 | $ | 5.6 |
Fiscal 2024 | 22.5 |
Fiscal 2025 | 22.1 |
Fiscal 2026 | 21.7 |
Fiscal 2027 | 21.7 |
Fiscal 2028 | 21.4 |
Thereafter | 40.3 |
Total amortization expense remaining | $ | 155.3 |

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