v3.26.1
Leases
9 Months Ended
May 29, 2026
Leases [Abstract]  
Leases
Leases
We have operating leases through which we utilize facilities, offices, and equipment in our manufacturing operations, research and development activities and selling, general and administrative functions. Sublease income was not significant in any period presented. The components of operating lease expense were as follows:
Three Months EndedNine Months Ended
May 29,
2026
May 30,
2025
May 29,
2026
May 30,
2025
Fixed lease cost$2,778 $2,585 $8,572 $8,535 
Variable lease cost643 822 1,805 1,885 
Short-term lease cost362 466 1,216 1,379 
 $3,783 $3,873 $11,593 $11,799 
Cash flows from operating activities included payments for operating leases of $4.4 million and $6.2 million in the first nine months of 2026 and 2025, respectively.
As of May 29, 2026 and August 29, 2025, the weighted-average remaining lease term for our operating leases was 9.1 years and 9.0 years, respectively, and the weighted-average discount rate was 6.1% for both periods. Certain of our operating leases include one or more options to extend the lease term for periods from 2 years to 5 years. In determining the present value of our operating lease liabilities, we have assumed we will not extend any lease terms.
As of May 29, 2026, minimum payments of lease liabilities were as follows:
Remainder of 2026$2,682 
202710,103 
202810,085 
20299,874 
20309,834 
2031 and thereafter43,936 
86,514 
Less imputed interest(20,987)
Present value of total lease liabilities$65,527