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Segment and Geographic Information (Tables)

9 Months Ended

May 28, 2021

Summary of Operating Results Net of Inter-Segment Revenues

The following table shows operating results net of inter-segment revenues, which for the respective three and nine months ended, are not material to the financial statements (dollars in thousands):

	Three Months Ended															Nine Months Ended
	May 28, 2021															May 28, 2021
	Specialty			Brazil			IPS			LED			Total			Specialty			Brazil			IPS			LED			Total
Net Revenue	$	121,620		$	118,496		$	95,857		$	101,755		$	437,728		$	357,729		$	326,808		$	247,141		$	101,755		$	1,033,433
Adjusted Gross Profit	$	22,299		$	21,116		$	22,139		$	30,134		$	95,688		$	59,118		$	54,646		$	65,145		$	30,134		$	209,043
Adjusted Gross Margin		18	%		18	%		23	%		30	%		22	%		17	%		17	%		26	%		30	%		20	%

Adjusted Gross Profit and Adjusted Gross Margin excludes share-based compensation (see Note 1(q)), intangible amortization (see Note 1(l)), LED net inventory adjustment ($7.1 million) and corporate expenses ($8 thousand and $15 thousand, respectively).

	Three Months Ended														Nine Months Ended
	May 29, 2020														May 29, 2020
	Specialty			Brazil			IPS			LED		Total			Specialty			Brazil			IPS			LED		Total
Net Revenue	$	127,700		$	92,701		$	60,886			—	$	281,287		$	342,685		$	284,400		$	198,262			—	$	825,347
Adjusted Gross Profit	$	21,047		$	19,685		$	14,907			—	$	55,639		$	61,166		$	50,840		$	52,312			—	$	164,318
Adjusted Gross Margin		16	%		21	%		24	%				20	%		18	%		18	%		26	%				20	%

Adjusted Gross Profit and Adjusted Gross Margin excludes share-based compensation (see Note 1(q)), intangible amortization (see Note 1(l)) and corporate expenses ($0.1 million and $0.2 million, respectively).

Summary of Net Sales and Property and Equipment by Geographic Area

A summary of the Company’s net sales by geographic area, based on the ship-to location of the customer, property and equipment by geographic area is as follows (in thousands):

	Three Months Ended				Nine Months Ended
	May 28,		May 29,		May 28,		May 29,
	2021		2020		2021		2020
Geographic Net Sales:
U.S.	$	179,478	$	131,596	$	423,576	$	362,215
Brazil		119,112		92,687		327,456		285,059
China		73,666		23,197		130,171		67,627
Europe		25,849		8,575		54,461		29,917
Other		39,623		25,232		97,769		80,529
Total	$	437,728	$	281,287	$	1,033,433	$	825,347

	May 28,		August 28,
	2021		2020
Property and Equipment, Net:
U.S.	$	24,924	$	11,635
Brazil		53,782		30,648
Malaysia		10,613		10,209
China		61,837		—
Other		2,105		2,213
Total	$	153,261	$	54,705