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Debt (Tables)

6 Months Ended

Mar. 01, 2025

Debt Disclosure [Abstract]

Schedule of Debt Outstanding Obligations

The following table summarizes our outstanding debt:

(in millions)			March 1, 2025						August 31, 2024
ABL Credit Facility			$	—					$	—
Senior Secured Notes			200.0						300.0
2030 Convertible Notes			350.0						350.0
2025 Convertible Notes			59.3						59.3
Total debt, gross			609.3						709.3
Unamortized debt issuance cost, net			(10.6)						(13.1)
Current maturities of long-term debt, net			(59.3)						(59.1)
Long-term debt, net			$	539.4					$	637.1

The fair value of outstanding debt obligations, gross is as follows:

(in millions)			March 1, 2025						August 31, 2024
ABL Credit Facility			$	—					$	—
Senior Secured Notes			200.1						299.0
2030 Convertible Notes			313.8						344.2
2025 Convertible Notes			59.1						63.2
Total debt, gross			$	573.0					$	706.4

Schedule of Contractual Maturities of Debt

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

(in millions)			Amount
Remainder of Fiscal 2025			$	59.3
Fiscal 2026			—
Fiscal 2027			—
Fiscal 2028			200.0
Fiscal 2029			—
Fiscal 2030			350.0
Thereafter			—
Total debt, gross			$	609.3

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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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