v3.25.2
Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
May 31, 2025
May 25, 2024
May 31, 2025
May 25, 2024
Income Statement [Abstract]        
Net sales $ (380,956) $ (334,757) $ (1,081,879) $ (955,634)
Cost of goods sold 242,437 201,131 682,737 590,020
Gross profit 138,519 133,626 399,142 365,614
Operating expenses:        
Selling and marketing 33,799 36,464 101,871 103,097
General and administrative 41,229 31,543 115,306 88,426
Depreciation and amortization 4,171 4,142 12,479 12,711
Business transaction costs 0 2,703 820 2,703
Total operating expenses 79,199 74,852 230,476 206,937
Income from operations 59,320 58,774 168,666 158,677
Other income (expense):        
Interest income 673 881 2,150 2,895
Interest expense 4,900 5,028 19,099 16,658
(Loss) gain on foreign currency transactions (337) (12) (342) 191
Other income (14) 102 20 108
Total other income (expense) (4,578) (4,057) (17,271) (13,464)
Income before income taxes 54,742 54,717 151,395 145,213
Income tax expense 13,640 13,383 35,424 35,195
Net income 41,102 41,334 115,971 110,018
Other comprehensive income:        
Foreign currency translation, net of reclassification adjustments 309 95 (504) 352
Comprehensive income $ 41,411 $ 41,429 $ 115,467 $ 110,370
Earnings per share from net income:        
Basic (in dollars per share) $ 0.41 $ 0.41 $ 1.15 $ 1.10
Diluted (in dollars per share) $ 0.40 $ 0.41 $ 1.14 $ 1.09
Weighted average shares outstanding:        
Basic (in shares) 100,923,690 100,024,230 100,787,087 99,852,203
Diluted (in shares) 101,635,521 101,270,163 101,669,998 101,240,471