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Business Segments (Tables)

6 Months Ended

Mar. 01, 2025

Segment Reporting [Abstract]

Financial Information by Reportable Segment

Financial information by reportable segment is as follows:

			Three Months Ended												Six Months Ended
(in millions)			March 1, 2025						February 24, 2024						March 1, 2025						February 24, 2024
Net Revenues
Towable RV			$	288.2					$	284.7					$	542.2					$	615.5
Motorhome RV			235.6						338.4						507.3						672.8
Marine			81.7						69.8						172.2						157.1
Reportable segment net revenues			605.5						692.9						1,221.7						1,445.4
Corporate / All Other			14.7						10.7						24.1						21.2
Consolidated net revenues			$	620.2					$	703.6					$	1,245.8					$	1,466.6
Adjusted EBITDA
Towable RV			$	17.0					$	26.8					$	30.6					$	59.9
Motorhome RV			5.2						26.0						7.9						47.3
Marine			7.7						4.4						16.1						11.6
Reportable segment Adjusted EBITDA			29.9						57.2						54.6						118.8
Corporate / All Other			(7.1)						(7.4)						(17.4)						(14.9)
Consolidated Adjusted EBITDA			$	22.8					$	49.8					$	37.2					$	103.9
Capital Expenditures
Towable RV			$	1.1					$	0.2					$	2.0					$	2.6
Motorhome RV			6.4						6.7						13.9						14.0
Marine			0.7						1.7						2.0						2.9
Reportable segment capital expenditures			8.2						8.6						17.9						19.5
Corporate / All Other			0.2						2.4						0.5						3.3
Consolidated capital expenditures			$	8.4					$	11.0					$	18.4					$	22.8

(in millions)			March 1, 2025						August 31, 2024
Assets
Towable RV			$	723.7					$	719.0
Motorhome RV			851.3						788.0
Marine			373.7						377.8
Reportable segment assets			1,948.7						1,884.8
Corporate / All Other			245.3						499.4
Consolidated assets			$	2,194.0					$	2,384.2

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

			Three Months Ended												Six Months Ended
(in millions)			March 1, 2025						February 24, 2024						March 1, 2025						February 24, 2024
Net (loss) income			$	(0.4)					$	(12.7)					$	(5.6)					$	13.1
Interest expense, net			6.8						5.3						12.6						9.4
Income tax provision (benefit)			—						7.1						(1.5)						15.7
Depreciation			9.4						8.5						19.1						16.6
Amortization			5.6						5.7						11.2						11.3
EBITDA			21.4						13.9						35.8						66.1
Acquisition-related costs			—						0.2						—						1.5
Change in fair value of note receivable			—						3.0						—						3.0
Contingent consideration fair value adjustment			—						0.3						—						1.1
Loss on note repurchase			2.0						32.7						2.0						32.7
Non-operating income			(0.6)						(0.3)						(0.6)						(0.5)
Adjusted EBITDA			$	22.8					$	49.8					$	37.2					$	103.9

X

- 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 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: 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 3: 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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