v3.26.3
Earnings Per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 12 Months Ended
Aug. 28, 2026
May 29, 2026
Feb. 27, 2026
Nov. 28, 2025
Aug. 29, 2025
May 30, 2025
Feb. 28, 2025
Nov. 29, 2024
Aug. 28, 2026
Aug. 29, 2025
Aug. 30, 2024
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]                      
Net income (loss) from continuing operations                 $ 180,615 $ 25,391 $ (44,324)
Net loss from discontinued operations                 0 0 (8,148)
Net income (loss) attributable to Penguin Solutions                 180,615 25,391 (52,472)
Less: Preferred stock dividends $ 3,034 $ 3,033 $ 3,033 $ 3,033 $ 3,034 $ 3,033 $ 2,600 $ 0 12,133 8,667 0
Income available for distribution $ 90,170 $ 41,656 $ 34,419 $ 2,237 $ 6,397 $ (372) $ 5,482 $ 5,217 168,482 16,724 (52,472)
Income allocated to participating securities                 17,394 1,263 0
Net income (loss) available to common stockholders, basic                 151,088 15,461 (52,472)
Net income available to common stockholders, diluted                 $ 151,088 $ 15,461 $ (52,472)
Weighted-average shares outstanding – Basic (in shares) 55,645 50,998 52,283 52,900 52,553 53,130 53,454 53,482 52,952 53,154 52,428
Dilutive effect of equity plans and Convertible Senior Notes (in shares)                 5,873 1,214 0
Weighted-average shares outstanding – Diluted (in shares) 64,040 55,063 53,186 54,991 54,371 53,738 54,384 54,312 58,825 54,368 52,428
Earnings (loss) per common share:                      
Continuing, basic (in usd per share) $ 1.46 $ 0.73 $ 0.59 $ 0.04 $ 0.11 $ (0.01) $ 0.09 $ 0.10 $ 2.85 $ 0.29 $ (0.85)
Discontinued, basic (in usd per share)                 0 0 (0.15)
Basic (in usd per share)                 2.85 0.29 (1.00)
Diluted earnings (loss) per share of common stock:                      
Continuing, diluted (in usd per share) $ 1.29 $ 0.68 $ 0.58 $ 0.04 $ 0.11 $ (0.01) $ 0.09 $ 0.10 2.60 0.28 (0.85)
Discontinued, diluted (in usd per share)                 0 0 (0.15)
Diluted (in usd per share)                 $ 2.60 $ 0.28 $ (1.00)
Antidilutive securities excluded from computation of earnings per share                 6,384 7,041 5,184
Equity plans                      
Diluted earnings (loss) per share of common stock:                      
Antidilutive securities excluded from computation of earnings per share                 288 945 5,184
Preferred                      
Diluted earnings (loss) per share of common stock:                      
Antidilutive securities excluded from computation of earnings per share                 6,096 6,096 0