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Fair Value Measurements (Tables)
9 Months Ended
May 28, 2022
Fair Value Disclosures [Abstract]  
Schedule of Assets Measured at Fair Value on a Recurring Basis

The assets measured at fair value on a recurring basis are summarized in the tables below (in thousands):

 

 

 

As of May 28, 2022

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Fair Value

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Cash equivalents

 

$

197,154

 

 

$

 

 

$

 

 

$

197,154

 

Pension plan assets

 

 

 

 

 

3,432

 

 

 

 

 

 

3,432

 

Foreign currency forward contracts

 

 

 

 

 

13

 

 

 

 

 

 

13

 

Total assets at fair value

 

$

197,154

 

 

$

3,445

 

 

$

 

 

$

200,599

 

 

 

 

As of August 28, 2021

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Fair Value

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Cash equivalents

 

$

197,081

 

 

$

 

 

$

 

 

$

197,081

 

Pension plan assets

 

 

 

 

 

3,795

 

 

 

 

 

 

3,795

 

Foreign currency forward contracts

 

 

 

 

 

41

 

 

 

 

 

 

41

 

Total assets at fair value

 

$

197,081

 

 

$

3,836

 

 

$

 

 

$

200,917