Leases (Tables)

12 Months Ended

Aug. 29, 2026

Schedule of Supplemental Balance Sheet Information

The supplemental balance sheet information related to our leases is as follows:


(in millions)	Classification	August 29, 2026		August 30, 2025
Assets
Operating leases	Operating lease assets	$	39.6	$	41.6
Finance leases	Other long-term assets	6.7		7.9
Total lease assets		$	46.3	$	49.5

Liabilities
Current: Operating leases	Other current liabilities	$	8.1	$	7.5
Current: Finance leases	Other current liabilities	1.9		1.8
Non-Current: Operating leases	Long-term operating lease liabilities	36.3		39.3
Non-Current: Finance leases	Other long-term liabilities	4.4		6.3
Total lease liabilities		$	50.7	$	54.9

Schedule of Lease Costs

Operating lease costs incurred are as follows:


(in millions)	Classification	2026		2025		2024
Operating lease expense(1)	Costs of goods sold and SG&A	$	12.8	$	12.5	$	11.8
Finance lease cost:
Depreciation of lease assets	Costs of goods sold and SG&A	1.2		1.2		1.1
Interest on lease liabilities	Interest expense, net	0.5		0.6		0.6
Total lease cost		$	14.5	$	14.3	$	13.5

(1) Operating lease expense includes short-term leases and variable lease payments, which are immaterial.

Additional information related to our leases is as follows:


	2026			2025			2024
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	8.0		$	7.9		$	5.9
Operating cash flows from financing leases	$	0.5		$	0.6		$	0.6
Financing cash flows from financing leases	$	1.8		$	1.6		$	1.4
Weighted average remaining lease term (in years):
Operating leases	5.3			6.0			7.0
Finance leases	2.9			3.8			4.7
Weighted average discount rate:
Operating leases	6.4		%	6.4		%	6.4		%
Finance leases	6.5		%	6.5		%	6.5		%

Schedule of Future Lease Commitments for Future Fiscal Years of Operating Leases

Our future lease commitments as of August 29, 2026 included the following related party and non-related party leases:


	Operating Leases						Financing Leases
(in millions)	Related Party Amount(1,2)		Non-Related Party Amount		Total		Non-Related Party Amount
Fiscal 2027	$	2.3	$	8.2	$	10.5	$	2.2
Fiscal 2028	2.3		7.8		10.1		2.5
Fiscal 2029	2.3		7.4		9.7		1.0
Fiscal 2030	2.3		6.2		8.5		0.8
Fiscal 2031	2.3		5.6		7.9		0.5
Thereafter	0.9		4.8		5.7		—
Total future undiscounted lease payments	12.4		40.0		52.4		7.0
Less: Interest	1.9		6.1		8.0		0.7
Total reported lease liabilities	$	10.5	$	33.9	$	44.4	$	6.3

(1) Future lease commitments do not include annual escalators based on the CPI. In the event there are changes to CPI, lease liabilities are not remeasured and instead are treated as variable lease payments and recognized in the period in which the obligation for those payments is incurred.

(2) Related to a lease agreement between one of our operating segments and a third party, of which one of our Executive Officers holds a 20% ownership interest.

Schedule of Future Lease Commitments for Future Fiscal Years of Financing Leases

Our future lease commitments as of August 29, 2026 included the following related party and non-related party leases:


	Operating Leases						Financing Leases
(in millions)	Related Party Amount(1,2)		Non-Related Party Amount		Total		Non-Related Party Amount
Fiscal 2027	$	2.3	$	8.2	$	10.5	$	2.2
Fiscal 2028	2.3		7.8		10.1		2.5
Fiscal 2029	2.3		7.4		9.7		1.0
Fiscal 2030	2.3		6.2		8.5		0.8
Fiscal 2031	2.3		5.6		7.9		0.5
Thereafter	0.9		4.8		5.7		—
Total future undiscounted lease payments	12.4		40.0		52.4		7.0
Less: Interest	1.9		6.1		8.0		0.7
Total reported lease liabilities	$	10.5	$	33.9	$	44.4	$	6.3

(2) Related to a lease agreement between one of our operating segments and a third party, of which one of our Executive Officers holds a 20% ownership interest.