ASSET IMPAIRMENTS AND RELATED CHARGES |
12 Months Ended |
|---|---|
Aug. 29, 2026 | |
| Asset, Impairment Loss [Abstract] | |
| ASSET IMPAIRMENTS AND RELATED CHARGES | ASSET IMPAIRMENTS AND RELATED CHARGESDuring fiscal year 2026, the Company recorded totaling $43,664. During the fiscal quarter ended August 29, 2026, the Company completed a review of its digital core implementation, including updated project timelines, costs incurred to date, required internal resources and expected costs to complete the implementation and determined certain existing capitalized costs no longer aligned with the Company’s business needs and strategy and no longer provided the best return for shareholders. As a result of this determination, the Company recognized a pre-tax impairment charge of $41,774. From this total, $23,371 represents an impairment of all capitalized implementation costs, primarily CCA, associated with the project. Additionally, the Company recorded a pre-tax charge of $18,403 which represents the net present value of future contractual obligations associated with the digital core which will not provide the Company with an economic benefit. The Company expects to settle the remaining contractual obligations over the next four fiscal years and does not currently expect to recognize additional material charges related to this determination. Other software-related asset impairments during fiscal year 2026 totaled $1,890. These charges are recorded in Asset Impairments and related charges on the Consolidated Statements of Income for the year ended August 29, 2026. |