v3.26.3
INCOME TAXES
 12 Months Ended
Aug. 29, 2026
Income Tax Disclosure [Abstract]  
INCOME TAXES INCOME TAXES
The components of income before provision for income taxes were as follows:
For the Fiscal Years Ended
August 29,
2026		August 30,
2025		August 31,
2024
Domestic $288,134$271,007$355,738
Foreign 3,911(7,429)(12,989)
Total $292,045$263,578$342,749
The provision for income taxes is comprised of the following:
For the Fiscal Years Ended
August 29,
2026		August 30,
2025		August 31,
2024
Current:
Federal$46,059$51,295$57,780
State and local15,42313,50717,644
Foreign 2,1082,2541,329
63,59067,05676,753
Deferred:
Federal7,704 (2,893)6,909
State and local758 683 851
Foreign 83 896 2,279 
8,545 (1,314)10,039
Total$72,135$65,742$86,792
Income Taxes paid, net of refunds received, is comprised of the following:
For the Fiscal Years Ended
August 29,
2026		August 30,
2025		August 31,
2024
Federal $55,704$46,084$56,517
State 17,73613,61021,990
Foreign 4,467590581
Total$77,907$60,284$79,088
Significant components of deferred tax assets and liabilities are as follows:
For the Fiscal Years Ended
August 29,
2026		August 30,
2025
Deferred tax liabilities:
Depreciation$(37,650)$(29,035)
Right-of-use assets(13,085)(13,057)
Goodwill(141,678)(135,960)
Intangible asset amortization(3,267)(4,769)
(195,680)(182,821)
Deferred tax assets:
Accounts receivable5,6775,189
Lease liability 13,15913,291
Inventories13,0919,637
Self-insurance liability1,5561,814
Deferred compensation431800
Stock-based compensation4,6383,527
Other accrued expenses/reserves20,11717,519 
Net operating loss carryforwards8,8049,080
Foreign tax credit2,0342,034
Less: Valuation allowance(14,324)(13,979)
55,18348,912
Net Deferred Tax Liabilities$(140,497)$(133,909)
The Company’s valuation allowance changed as follows:
For the Fiscal Years Ended
August 29,
2026		August 30,
2025
Beginning Balance$(13,979)$(10,314)
Provision for income taxes181 (3,665)
Equity Adjustment(526)— 
Ending Balance$(14,324)$(13,979)

A reconciliation of income tax expense to the U.S. federal income tax rate is as follows:
For the Fiscal Years Ended
August 29,
2026		August 30,
2025		August 31,
2024
AmountPercent AmountPercentAmountPercent
U.S. federal income tax rate$61,32921.0 %$55,35121.0 %$71,97721.0 %
State and local income taxes, net of federal benefit (1)(2)(3)
12,8174.4 %11,6954.4 %16,3854.8 %
Foreign tax effects:
    Mexico5920.2 %2,2820.9 %(1,611)(0.5)%
    Mexico - Changes in valuation allowance—— %—— %7,4562.2 %
    Other foreign jurisdictions1,0590.4 %2,4290.9 %6390.2 %
Effect of cross-border tax laws(217)(0.1)%(4,084)(1.5)%(4,540)(1.3)%
Tax credits:
    Energy credits(2,984)(1.0)%(2,661)(1.0)%(3,856)(1.1)%
    Other tax credits(901)(0.3)%(735)(0.3)%(650)(0.2)%
Changes in valuation allowances(644)(0.2)%6440.2 %1,0490.3 %
Nontaxable or nondeductible items2,5750.9 %1,0520.4 %6020.1 %
Changes in unrecognized tax benefits(985)(0.3)%(1,322)(0.5)%(1,032)(0.3)%
Other, net(506)(0.3)%1,0910.4 %3730.1 %
Effective income tax rate$72,13524.7 %$65,74224.9 %$86,79225.3 %
(1) State jurisdictions comprising the majority of (>50%) of the state and local tax effect for the fiscal year ended August 29, 2026 are CA, NY, PA, WI, IL, MI, CT, IN, FL, MN
(2) State jurisdictions comprising the majority of (>50%) of the state and local tax effect for the fiscal year ended August 30, 2025 are CA, PA, WI, NY, IL, MI, CT, FL, MN     
(3) State jurisdictions comprising the majority of (>50%) of the state and local tax effect for the fiscal year ended August 31, 2024 are PA, NY, CA, IL, WI, MI, GA, CT, FL, MN
The aggregate changes in the balance of gross unrecognized tax benefits during fiscal years 2026 and 2025 were as follows:
August 29,
2026		August 30,
2025		August 31,
2024
Beginning Balance$3,703$5,768$7,768
Additions for tax positions relating to current year12962210
Additions for tax positions relating to prior years5067—
Reductions for tax positions relating to prior years—(648)— 
Settlements(55)— — 
Lapse of statute of limitations(1,763)(1,546)(2,210)
Ending Balance$2,064$3,703$5,768
The Company recognizes interest expense and penalties in the provision for income taxes. The provision for income taxes for fiscal years 2026, 2025 and 2024 included interest and penalties of $39, $79 and $4, respectively. The Company had accrued $679 and $919 for interest and penalties as of August 29, 2026 and August 30, 2025, respectively.
During fiscal year 2026, the Company recognized $5,129 of Employee Retention Credit (“ERC”) claims to Other income (expense) in the Consolidated Statement of Income as the relevant statute of limitations lapsed. As of August 29, 2026, there is no remaining liability balance on the Consolidated Balance Sheet associated with ERC funds.
The Company is routinely examined by federal and state tax authorities. The Company is subject to examination by the Internal Revenue Service from fiscal year 2023 to present. With limited exceptions, the Company is no longer subject to state income tax examinations prior to fiscal year 2023. The Company is also subject to examinations in various foreign jurisdictions. The statute of limitations varies by jurisdiction.
In July 2025, the One Big Beautiful Bill Act (“OBBBA”) was passed in the United States. This act introduces significant changes to United States federal tax law, including making certain provisions of the Tax Cuts and Jobs Act of 2017 permanent and introducing new measures impacting corporate taxation. The OBBBA contains a number of tax provisions including, but not limited to, immediate expensing of domestic research and experimental expenditures and bonus depreciation modifications. These tax provisions apply to the Company’s fiscal year 2026 and future periods. The Company has analyzed its tax elections under the OBBBA and has determined these elections do not have a material impact on the fiscal year 2026 effective tax rate.
As required by the authoritative guidance on accounting for income taxes, the Company evaluates the realizability of deferred tax assets on a jurisdictional basis at each reporting date. Accounting for income taxes requires that a valuation allowance be established when it is more likely than not that all or a portion of the deferred tax assets will not be realized. In circumstances where there is sufficient negative evidence indicating that the deferred tax assets are not more likely than not realizable, the Company establishes a valuation allowance. During the fiscal year ended August 29, 2026, the Company’s valuation allowance increased by approximately $345. The Company has income tax net operating loss carryforwards related to its international operations of approximately $28,112, of which $13,253 has an indefinite carryforward period and $14,859 expires in 2034. The Company also has federal net operating loss carryforwards of approximately $4,759 which may be carried forward indefinitely to offset future taxable income.