Inventories (Tables)

3 Months Ended

Nov. 28, 2020

Inventory Disclosure [Abstract]

Schedule of Inventory

Inventories consist of the following:

(in thousands)	November 28, 2020		August 29, 2020
Finished goods	$	9,295	$	17,141
Work-in-process	137,280		86,651
Raw materials	152,671		114,982
Total	299,246		218,774
Less last-in, first-out ("LIFO") reserve	36,109		35,833
Inventories, net	$	263,137	$	182,941

Inventory valuation methods consist of the following:

(in thousands)	November 28, 2020		August 29, 2020
LIFO basis	$	124,002	$	88,675
First-in, first-out basis	175,244		130,099
Total	$	299,246	$	218,774