v3.26.3
Consolidated Statements of Stockholders’ Equity - USD ($)
$ in Thousands
Total
Total Penguin Solutions Stockholders’ Equity
Common
Preferred
Additional Paid-in Capital
Retained Earnings
Treasury Shares
Accumulated Other Comprehensive Income (Loss)
Non- controlling Interest in Subsidiary
Common stock, beginning balance (in shares) at Aug. 25, 2023     57,542,000            
Beginning balance at Aug. 25, 2023 $ 229,233 $ 222,475 $ 1,726   $ 476,703 $ 82,457 $ (132,447) $ (205,964) $ 6,758
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) (49,933) (52,472)       (52,472)     2,539
Other comprehensive income (loss) 205,974 205,974           205,974  
Shares issued under equity plans (in shares)     2,684,000            
Stock issued under equity plans 9,809 9,809 $ 81   9,728        
Repurchase of shares (21,309) (21,309)         (21,309)    
Purchase of 2030/2031 Capped Calls (16,300) (16,300)     (16,300)        
Stock-based compensation expense 43,204 43,204     43,204        
Distribution to noncontrolling interest (1,470)               (1,470)
Common stock, ending balance (in shares) at Aug. 30, 2024     60,226,000            
Preferred stock, ending balance outstanding (in shares) at Aug. 30, 2024       0          
Ending balance at Aug. 30, 2024 399,208 391,381 $ 1,807 $ 0 513,335 29,985 (153,756) 10 7,827
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) 28,835 25,391       25,391     3,444
Other comprehensive income (loss) 8 8           8  
Shares issued under equity plans (in shares)     2,530,000            
Stock issued under equity plans 8,804 8,804 $ 76   8,728        
Repurchase of shares (52,320) (52,320)         (52,320)    
Stock-based compensation expense 41,176 41,176     41,176        
Issuance of preferred stock (in shares)       200,000          
Issuance of preferred stock 191,183 191,183   $ 6 191,177        
Preferred stock dividends (8,667) (8,667)       (8,667)      
Preferred stock reclassified to Temporary equity (in shares)       (200,000)          
Preferred stock reclassified to Temporary equity $ (202,710) (202,710)   $ (6) (202,704)        
Common stock, ending balance (in shares) at Aug. 29, 2025 52,738,000   62,756,000            
Preferred stock, ending balance outstanding (in shares) at Aug. 29, 2025       0          
Ending balance at Aug. 29, 2025 $ 405,517 394,246 $ 1,883 $ 0 551,712 46,709 (206,076) 18 11,271
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) 185,788 180,615       180,615     5,173
Other comprehensive income (loss) 193 193           193  
Shares issued under equity plans (in shares)     2,348,000            
Stock issued under equity plans 10,358 10,358 $ 70   10,288        
Repurchase of shares (74,427) (74,427)         (74,427)    
Issuance of common stock for convertible debt inducement (in shares)     8,723,000            
Issuance of common stock for convertible debt inducement 27,812 27,812 $ 262   27,550        
Purchase of 2030/2031 Capped Calls (37,737) (37,737)     (37,737)        
Stock-based compensation expense 31,815 31,815     31,815        
Preferred stock dividends $ (12,133) (12,133)       (12,133)      
Common stock, ending balance (in shares) at Aug. 28, 2026 60,171,000   73,827,000            
Preferred stock, ending balance outstanding (in shares) at Aug. 28, 2026       0          
Ending balance at Aug. 28, 2026 $ 537,186 $ 520,742 $ 2,215 $ 0 $ 583,628 $ 215,191 $ (280,503) $ 211 $ 16,444