v3.25.2
Leases
9 Months Ended
May 31, 2025
Leases [Abstract]  
Lessee, Operating Leases
The components of lease expense were as follows:
Thirteen Weeks EndedThirty-Nine Weeks Ended
(In thousands)Statements of Operations CaptionMay 31, 2025May 25, 2024May 31, 2025May 25, 2024
Operating lease cost:
Lease costCost of goods sold and General and administrative$2,504 $2,256 $6,923 $6,770 
Variable lease cost (1)
Cost of goods sold and General and administrative912 1,049 2,970 2,799 
Total operating lease cost3,416 3,305 9,893 9,569 
Finance lease cost:
Amortization of right-of-use assetsCost of goods sold— 18 — 123 
Interest on lease liabilitiesInterest expense— — — 
Total finance lease cost— 18 — 125 
Total lease cost$3,416 $3,323 $9,893 $9,694 
(1) Variable lease cost primarily consists of common area maintenance, such as cleaning and repairs.

The right-of-use assets and corresponding liabilities related to both operating and finance leases are as follows:

(In thousands)Balance Sheets CaptionMay 31, 2025August 31, 2024
Assets
Operating lease right-of-use assetsOther long-term assets$45,785 $35,097 
Total lease assets$45,785 $35,097 
Liabilities
Current:
Operating lease liabilitiesAccrued expenses and other current liabilities$4,386 $5,494 
Long-term:
Operating lease liabilitiesOther long-term liabilities51,427 34,330 
Total lease liabilities$55,813 $39,824 
Future maturities of lease liabilities as of May 31, 2025, were as follows:

(In thousands)Operating Leases
Fiscal year ending:
Remainder of 2025$1,084 
20269,207 
202710,927 
202810,388 
202910,438 
Thereafter26,696 
Total lease payments68,740 
Less: Interest(12,927)
Present value of lease liabilities$55,813 

The weighted-average remaining lease terms and weighted-average discount rates for operating and finance leases were as follows:

May 31, 2025August 31, 2024
Weighted-average remaining lease term (in years)
Operating leases6.586.50
Weighted-average discount rate
Operating leases6.0 %5.1 %

Supplemental and other information related to leases was as follows:

Thirty-Nine Weeks Ended
(In thousands)May 31, 2025May 25, 2024
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases$7,925 $9,141 
Operating cash flows from finance leases$— $539 
Financing cash flows from finance leases$— $143 
Lessee, Finance Leases
The components of lease expense were as follows:
Thirteen Weeks EndedThirty-Nine Weeks Ended
(In thousands)Statements of Operations CaptionMay 31, 2025May 25, 2024May 31, 2025May 25, 2024
Operating lease cost:
Lease costCost of goods sold and General and administrative$2,504 $2,256 $6,923 $6,770 
Variable lease cost (1)
Cost of goods sold and General and administrative912 1,049 2,970 2,799 
Total operating lease cost3,416 3,305 9,893 9,569 
Finance lease cost:
Amortization of right-of-use assetsCost of goods sold— 18 — 123 
Interest on lease liabilitiesInterest expense— — — 
Total finance lease cost— 18 — 125 
Total lease cost$3,416 $3,323 $9,893 $9,694 
(1) Variable lease cost primarily consists of common area maintenance, such as cleaning and repairs.

The right-of-use assets and corresponding liabilities related to both operating and finance leases are as follows:

(In thousands)Balance Sheets CaptionMay 31, 2025August 31, 2024
Assets
Operating lease right-of-use assetsOther long-term assets$45,785 $35,097 
Total lease assets$45,785 $35,097 
Liabilities
Current:
Operating lease liabilitiesAccrued expenses and other current liabilities$4,386 $5,494 
Long-term:
Operating lease liabilitiesOther long-term liabilities51,427 34,330 
Total lease liabilities$55,813 $39,824 
Future maturities of lease liabilities as of May 31, 2025, were as follows:

(In thousands)Operating Leases
Fiscal year ending:
Remainder of 2025$1,084 
20269,207 
202710,927 
202810,388 
202910,438 
Thereafter26,696 
Total lease payments68,740 
Less: Interest(12,927)
Present value of lease liabilities$55,813 

The weighted-average remaining lease terms and weighted-average discount rates for operating and finance leases were as follows:

May 31, 2025August 31, 2024
Weighted-average remaining lease term (in years)
Operating leases6.586.50
Weighted-average discount rate
Operating leases6.0 %5.1 %

Supplemental and other information related to leases was as follows:

Thirty-Nine Weeks Ended
(In thousands)May 31, 2025May 25, 2024
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases$7,925 $9,141 
Operating cash flows from finance leases$— $539 
Financing cash flows from finance leases$— $143