Business Segments (Tables)

6 Months Ended

Feb. 25, 2023

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Financial information by reportable segment is as follows:

	Three Months Ended				Six Months Ended
(in millions)	February 25, 2023		February 26, 2022		February 25, 2023		February 26, 2022
Net Revenues
Towable	$	342.5	$	646.6	$	689.8	$	1,297.6
Motorhome	403.8		417.6		868.0		839.0
Marine	112.9		97.3		244.3		176.6
Corporate / All Other	7.5		3.2		16.8		7.3
Consolidated	$	866.7	$	1,164.7	$	1,818.9	$	2,320.5
Adjusted EBITDA
Towable	$	39.3	$	100.6	$	75.6	$	212.7
Motorhome	42.5		46.1		92.8		96.2
Marine	14.4		13.0		32.9		23.5
Corporate / All Other	(7.8)		(9.0)		(15.9)		(14.4)
Consolidated	$	88.4	$	150.7	$	185.4	$	318.0
Capital Expenditures
Towable	$	6.2	$	10.2	$	20.5	$	21.3
Motorhome	9.0		7.9		14.8		15.6
Marine	5.3		1.9		12.6		2.5
Corporate / All Other	1.1		0.2		1.5		4.0
Consolidated	$	21.6	$	20.2	$	49.4	$	43.4

(in millions)	February 25, 2023		August 27, 2022
Assets
Towable	$	871.4	$	874.9
Motorhome	856.9		823.4
Marine	443.6		416.1
Corporate / All Other	273.5		302.3
Consolidated	$	2,445.4	$	2,416.7

Reconciliation of net income to consolidated Adjusted EBITDA is as follows:

	Three Months Ended				Six Months Ended
(in millions)	February 25, 2023		February 26, 2022		February 25, 2023		February 26, 2022
Net income	$	52.8	$	91.2	$	113.0	$	190.8
Interest expense, net	5.3		10.3		11.2		20.6
Provision for income taxes	16.9		28.8		36.4		58.9
Depreciation	6.7		5.5		13.3		10.8
Amortization	3.8		8.0		7.6		16.2
EBITDA	85.5		143.8		181.5		297.3
Acquisition-related costs	1.1		0.4		1.7		3.8
Litigation reserves	—		—		—		4.0
Contingent consideration fair value adjustment	1.6		6.5		2.0		12.9
Non-operating loss	0.2		—		0.2		—
Adjusted EBITDA	$	88.4	$	150.7	$	185.4	$	318.0