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Business Segments (Tables)

6 Months Ended

Feb. 24, 2024

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Financial information by reportable segment is as follows:

			Three Months Ended												Six Months Ended
(in millions)			February 24, 2024						February 25, 2023						February 24, 2024						February 25, 2023
Net Revenues
Towable RV			$	284.7					$	342.5					$	615.5					$	689.8
Motorhome RV			338.4						403.8						672.8						868.0
Marine			69.8						112.9						157.1						244.3
Corporate / All Other			10.7						7.5						21.2						16.8
Consolidated			$	703.6					$	866.7					$	1,466.6					$	1,818.9
Adjusted EBITDA
Towable RV			$	26.8					$	39.3					$	59.9					$	75.6
Motorhome RV			26.0						42.5						47.3						92.8
Marine			4.4						14.4						11.6						32.9
Corporate / All Other			(7.4)						(7.8)						(14.9)						(15.9)
Consolidated			$	49.8					$	88.4					$	103.9					$	185.4
Capital Expenditures
Towable RV			$	0.2					$	6.2					$	2.6					$	20.5
Motorhome RV			6.7						9.0						14.0						14.8
Marine			1.7						5.3						2.9						12.6
Corporate / All Other			2.4						1.1						3.3						1.5
Consolidated			$	11.0					$	21.6					$	22.8					$	49.4

(in millions)			February 24, 2024						August 26, 2023
Assets
Towable RV			$	754.1					$	751.2
Motorhome RV			844.8						802.2
Marine			415.4						426.9
Corporate / All Other			419.6						452.1
Consolidated			$	2,433.9					$	2,432.4

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

			Three Months Ended												Six Months Ended
(in millions)			February 24, 2024						February 25, 2023						February 24, 2024						February 25, 2023
Net (loss) income			$	(12.7)					$	52.8					$	13.1					$	113.0
Interest expense, net			5.3						5.3						9.4						11.2
Provision for income taxes			7.1						16.9						15.7						36.4
Depreciation			8.5						6.7						16.6						13.3
Amortization			5.7						3.8						11.3						7.6
EBITDA			13.9						85.5						66.1						181.5
Acquisition-related costs			0.2						1.1						1.5						1.7
Change in fair value of note receivable			3.0						—						3.0						—
Contingent consideration fair value adjustment			0.3						1.6						1.1						2.0
Loss on note repurchase			32.7						—						32.7						—
Non-operating (income) loss			(0.3)						0.2						(0.5)						0.2
Adjusted EBITDA			$	49.8					$	88.4					$	103.9					$	185.4

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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
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-25

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-22

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-30

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- References

No definition available.

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