v3.25.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
May 31, 2025
May 25, 2024
Operating activities    
Net income $ 115,971 $ 110,018
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 15,480 15,871
Amortization of deferred financing costs and debt discount 1,334 1,213
Stock compensation expense 12,819 13,209
Estimated credit losses (gains) 231 (167)
Unrealized gain (loss) on foreign currency transactions 342 (191)
Deferred income taxes 10,583 12,416
Amortization of operating lease right-of-use asset 5,192 5,265
Other 1,063 2,329
Changes in operating assets and liabilities:    
Accounts receivable, net (2,382) (716)
Inventories (23,185) 9,423
Prepaid expenses (1,612) (2,309)
Other current assets (783) 2,248
Accounts payable 12,887 3,370
Accrued interest (221) (568)
Accrued expenses and other current liabilities (10,788) (705)
Other assets and liabilities (3,844) (3,951)
Net cash provided by operating activities 133,087 166,755
Investing activities    
Purchases of property and equipment (2,516) (1,838)
Acquisition of business, net of cash acquired 1,713 0
Investments in intangible and other assets (1,389) (507)
Net cash used in investing activities (2,192) (2,345)
Financing activities    
Proceeds from option exercises 11,956 4,292
Tax payments related to issuance of restricted stock units and performance stock units (2,824) (4,818)
Payments on finance lease obligations 0 (143)
Proceeds from Other Debt 0 2,100
Payments for Repurchase of Common Stock (24,338) 0
Principal payments of long-term debt (150,000) (45,000)
Net cash used in financing activities (165,206) (43,569)
Cash and cash equivalents    
Net (decrease) increase in cash (34,311) 120,841
Effect of exchange rate on cash (211) 125
Cash at beginning of period 132,530 87,715
Cash and cash equivalents at end of period 98,008 208,681
Supplemental disclosures of cash flow information    
Cash paid for interest 17,986 16,013
Cash paid for taxes 29,112 23,801
Non-cash credits for repayment of note receivable 509 564
Non-cash additions to property and equipment 1,266 100
Non-cash additions to intangible assets 223 0
Operating lease right-of-use assets recognized after ASU 2016-02 transition $ 15,880 $ 0