v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Millions
May 30, 2026
Aug. 30, 2025
Current assets    
Cash and cash equivalents $ 57.1 $ 174.0
Receivables, less allowance for credit losses ($0.5 and $0.5, respectively) 186.1 192.0
Inventories, net 435.2 396.4
Prepaid expenses and other current assets 32.9 29.8
Total current assets 711.3 792.2
Property, plant, and equipment, net 319.9 333.0
Goodwill 484.2 484.2
Other intangible assets, net 440.7 456.9
Investment in life insurance 27.9 27.1
Operating lease assets 37.2 41.6
Other long-term assets 17.3 19.4
Total assets 2,038.5 2,154.4
Current liabilities    
Accounts payable 113.5 129.3
Accrued expenses:    
Accrued compensation 40.1 41.1
Product warranties 72.3 72.9
Self-insurance 12.6 16.2
Promotional 21.4 31.0
Accrued interest and dividends 17.2 13.4
Other current liabilities 22.6 23.2
Total current liabilities 299.7 327.1
Non-current liabilities    
Long-term debt, net 442.9 540.5
Deferred income tax liabilities, net 11.4 5.9
Unrecognized tax benefits 5.7 4.8
Long-term operating lease liabilities 34.1 39.3
Deferred compensation benefits, net of current portion 4.4 5.1
Other long-term liabilities 5.9 7.0
Total liabilities 804.1 929.7
Contingent liabilities and commitments (Note 9)
Shareholders' equity:    
Preferred stock, par value $0.01: 10.0 shares authorized; zero shares issued and outstanding 0.0 0.0
Common stock, par value $0.50: 120.0 shares authorized; 51.8 shares issued 25.9 25.9
Additional paid-in capital 213.4 203.3
Retained earnings 1,704.4 1,710.0
Accumulated other comprehensive loss (0.4) (0.4)
Treasury stock, at cost: 23.6 and 23.8 shares, respectively (708.9) (714.1)
Total shareholders' equity 1,234.4 1,224.7
Total liabilities and shareholders' equity $ 2,038.5 $ 2,154.4