v3.26.3
Leases
12 Months Ended
Aug. 28, 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:
Year endedAugust 28,
2026
August 29,
2025
August 30,
2024
Fixed lease cost$11,185 $11,486 $12,894 
Variable lease cost2,232 2,433 1,834 
Short-term lease cost1,610 1,903 2,086 
$15,027 $15,822 $16,814 
Cash flows used for operating activities included payments for operating leases of $5.9 million, $8.0 million and $9.0 million in 2026, 2025 and 2024, respectively. Acquisitions of right-of-use assets were $1.6 million, $10.5 million and $2.3 million in 2026, 2025 and 2024, respectively.
As of August 28, 2026 and August 29, 2025, the weighted-average remaining lease term for our operating leases was 9.0 years and 9.0 years, respectively, and the weighted-average discount rate was 6.1% and 6.1% respectively. 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 August 28, 2026, minimum payments of lease liabilities were as follows:
2027$10,054 
202810,192 
20299,989 
20309,854 
20318,414 
2032 and thereafter35,563 
84,066 
Less imputed interest(19,827)
Present value of total lease liabilities$64,239