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Condensed Consolidated Balance Sheets - USD ($)
shares in Thousands, $ in Thousands
Nov. 28, 2020
Aug. 29, 2020
Current assets:    
Cash and cash equivalents $ 272,939 $ 292,575
Receivables, less allowance for doubtful accounts ($349 and $353, respectively) 231,182 220,798
Inventories, net 263,137 182,941
Prepaid expenses and other assets 21,162 17,296
Total current assets 788,420 713,610
Property, plant, and equipment, net 171,210 174,945
Other assets:    
Goodwill 348,058 348,058
Other intangible assets, net 401,178 404,768
Investment in life insurance 27,904 27,838
Operating lease assets 28,838 29,463
Other assets 15,382 15,018
Total assets 1,780,990 1,713,700
Current liabilities:    
Accounts payable 123,328 132,490
Income taxes payable 25,565 8,840
Accrued expenses:    
Accrued compensation 33,620 36,533
Product warranties 70,502 64,031
Self-insurance 18,410 17,437
Promotional 10,817 12,543
Accrued interest 8,184 4,652
Other 22,975 23,864
Total current liabilities 313,401 300,390
Non-current liabilities:    
Long-term debt, less current maturities 516,527 512,630
Deferred income taxes 16,483 15,608
Unrecognized tax benefits 6,692 6,511
Operating lease liabilities 26,492 27,048
Deferred compensation benefits, net of current portion 10,884 11,130
Other 18,953 12,917
Total non-current liabilities 596,031 585,844
Contingent liabilities and commitments (Note 11)
Stockholders' equity:    
Preferred stock, par value $0.01: Authorized-10,000 shares; Issued-zero 0 0
Common stock, par value $0.50: Authorized-60,000 shares; Issued-51,776 shares 25,888 25,888
Additional paid-in capital 204,551 203,791
Retained earnings 966,945 913,610
Accumulated other comprehensive loss (517) (526)
Treasury stock, at cost: 18,275 and 18,133 shares, respectively (325,309) (315,297)
Total stockholders' equity 871,558 827,466
Total liabilities and stockholders' equity $ 1,780,990 $ 1,713,700
Capital stock common, shares issued (in shares) 51,776 51,776