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Long-Term Debt (Tables)

3 Months Ended

Nov. 25, 2023

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

Long-term debt consists of the following:

(in millions)			November 25, 2023						August 26, 2023
ABL Credit Facility			$	—					$	—
Senior Secured Notes			300.0						300.0
Convertible Notes			300.0						300.0
Long-term debt, gross			600.0						600.0
Debt issuance costs, net			(6.9)						(7.6)
Long-term debt, net			$	593.1					$	592.4

Schedule of Maturities of Long-term Debt

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

(in millions)			Amount
Remainder of Fiscal 2024			$	—
Fiscal 2025			300.0
Fiscal 2026			—
Fiscal 2027			—
Fiscal 2028			300.0
Fiscal 2029			—
Total Senior Secured Notes and Convertible Notes			$	600.0

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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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