Product Warranties

9 Months Ended

May 29, 2021

Product Warranties Disclosures [Abstract]

Product Warranties

Product Warranties

The Company provides certain service and warranty on its products. From time to time, the Company also voluntarily incurs costs for certain warranty-type expenses occurring after the normal warranty period expires to help protect the reputation of the Company's products and the goodwill of the Company's customers. Estimated costs related to product warranty are accrued at the time of sale and are based upon historical warranty and service claims experience. Adjustments are made to accruals as claim data and cost experience becomes available.

In addition to the costs associated with the contractual warranty coverage provided on products, the Company also occasionally incurs costs as a result of additional service actions not covered by warranties, including product recalls and customer satisfaction actions. Although the Company estimates and reserves for the cost of these service actions when probable and estimable, there can be no assurance that expense levels will remain at current levels or such reserves will continue to be adequate.

Changes in the product warranty liability are as follows:

	Three Months Ended				Nine Months Ended
(in thousands)	May 29, 2021		May 30, 2020		May 29, 2021		May 30, 2020
Balance at beginning of period	$	76,040	$	60,211	$	64,031	$	44,436
Business acquisition(1)	—		—		—		15,147
Provision	23,056		13,227		64,986		44,274
Claims paid	(17,034)		(12,773)		(46,955)		(43,192)
Balance at end of period	$	82,062	$	60,665	$	82,062	$	60,665

(1)    Relates to the acquisition of Newmar on November 8, 2019. See Note 2 to the Consolidated Financial Statements in Item 8 of Part II of the Company's Annual Report on Form 10-K for the fiscal year ended August 29, 2020 for additional acquisition information.