v3.26.1
Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Feb. 28, 2026
Mar. 01, 2025
Feb. 28, 2026
Mar. 01, 2025
Income Statement [Abstract]        
Net sales $ (326,013) $ (359,655) $ (666,211) $ (700,923)
Cost of goods sold 222,980 229,518 453,278 440,300
Gross profit 103,033 130,137 212,933 260,623
Operating expenses:        
Selling and marketing 28,167 35,078 57,844 68,072
General and administrative 34,875 36,013 72,881 74,077
Depreciation and amortization 4,309 4,148 8,942 8,308
Business transaction costs 0 177 0 820
Impairment of intangible assets, excluding goodwill 249,000 0 249,000 0
Total operating expenses 316,351 75,416 388,667 151,277
(Loss) income from operations (213,318) 54,721 (175,734) 109,346
Other income (expense):        
Interest income 880 701 1,379 1,477
Interest expense 5,833 6,338 10,119 14,199
Gain (loss) on foreign currency transactions 190 (125) 133 (5)
Other income 60 19 136 34
Total other (expense) (4,703) (5,743) (8,471) (12,693)
(Loss) income before income taxes (218,021) 48,978 (184,205) 96,653
Income tax (benefit) expense (58,323) 12,231 (49,776) 21,784
Net (loss) income (159,698) 36,747 (134,429) 74,869
Other comprehensive income:        
Foreign currency translation, net of reclassification adjustments 1,067 (426) 845 (813)
Comprehensive (loss) income $ (158,631) $ 36,321 $ (133,584) $ 74,056
(Loss) earnings per share from net (loss) income:        
Basic (in dollars per share) $ (1.73) $ 0.36 $ (1.41) $ 0.74
Diluted (in dollars per share) $ (1.73) $ 0.36 $ (1.41) $ 0.74
Weighted average shares outstanding:        
Basic (in shares) 92,343,383 101,040,501 95,546,361 100,724,155
Diluted (in shares) 92,343,383 101,821,229 95,546,361 101,674,934