v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Feb. 28, 2026
Mar. 01, 2025
Operating activities    
Net (loss) income $ (134,429) $ 74,869
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 12,069 10,135
Amortization of deferred financing costs and debt discount 319 951
Stock compensation expense 7,627 8,792
Impairment of intangible assets, excluding goodwill 249,000 0
Estimated credit losses 65 101
Unrealized (gain) loss on foreign currency transactions (133) 5
Deferred income taxes (59,462) 6,440
Amortization of operating lease right-of-use asset 2,978 3,369
Other 3,187 168
Changes in operating assets and liabilities:    
Accounts receivable, net 41,744 (7,028)
Inventories (25,401) (22,445)
Prepaid expenses 1,868 (4,189)
Other current assets 2,577 (987)
Accounts payable (11,200) 16,566
Accrued interest 19 (206)
Accrued expenses and other current liabilities (28,454) (19,470)
Other assets and liabilities (4,180) (3,804)
Net cash provided by operating activities 58,194 63,267
Investing activities    
Purchases of property and equipment (7,633) (802)
Investments in intangible and other assets 0 (911)
Net cash used in investing activities (7,633) 0
Financing activities    
Proceeds from option exercises 1,056 10,136
Tax payments related to issuance of restricted stock units and performance stock units (2,047) (2,522)
Payments for Repurchase of Common Stock (188,181) 0
Principal payments of long-term debt 0 (100,000)
Proceeds from issuance of long-term debt 150,000 0
Deferred financing costs (2,632) 0
Net cash used in financing activities (41,804) (92,386)
Cash and cash equivalents    
Net increase (decrease) in cash 8,757 (29,119)
Effect of exchange rate on cash 219 271
Cash at beginning of period 98,468 132,530
Cash and cash equivalents at end of period 107,444 103,682
Supplemental disclosures of cash flow information    
Cash paid for interest 9,781 13,454
Cash paid for taxes 13,244 19,122
Non-cash credits for repayment of note receivable 140 353
Non-cash additions to property and equipment 263 0
Non-cash additions to intangible assets 0 32
Payments to Acquire Businesses, Net of Cash Acquired $ 0 $ 1,713