Summary of Significant Accounting Policies (Tables)

12 Months Ended

Aug. 27, 2022

Accounting Policies [Abstract]

Schedule of Total Revenue Disaggregated by Service Type

The following table presents the Company’s revenues for fiscal 2022, 2021, and 2020 disaggregated by service type:

	Years ended
	August 27, 2022					August 28, 2021					August 29, 2020
(In thousands, except percentages)	Revenues		% of Revenues			Revenues		% of Revenues			Revenues		% of Revenues
Core Laundry Operations	$	1,770,502		88.5	%	$	1,615,560		88.5	%	$	1,601,485		88.8	%
Specialty Garments		152,885		7.6	%		145,454		8.0	%		133,185		7.4	%
First Aid		77,435		3.9	%		65,202		3.5	%		69,489		3.9	%
Total Revenues	$	2,000,822		100.0	%	$	1,826,216		100.0	%	$	1,804,159		100.0	%

Schedule of Components of Inventory

The components of inventory as of August 27, 2022 and August 28, 2021 were as follows (in thousands):

	August 27, 2022		August 28, 2021
Raw materials	$	25,932	$	24,846
Work in process		2,876		4,703
Finished goods		122,651		114,042
Total inventory	$	151,459	$	143,591

Schedule of Components of Property, Plant and Equipment

The components of property, plant and equipment as of August 27, 2022 and August 28, 2021 were as follows (in thousands):

	August 27, 2022		August 28, 2021
Land, buildings and leasehold equipment	$	663,089	$	618,910
Machinery and equipment		622,168		595,081
Motor vehicles		308,242		285,543
		1,593,499		1,499,534
Less: accumulated depreciation		928,380		881,815
Total property, plant and equipment	$	665,119	$	617,719

Schedule of Useful Lives of Property, Plant and Equipment

The Company provides for depreciation on the straight-line method based on the date the asset is placed in service using the following estimated useful lives:

Buildings (in years)	30  — 40
Building components (in years)	10  — 20
Leasehold improvements	Shorter of useful life or term of lease
Machinery and equipment (in years)	3  — 10
Motor vehicles (in years)	3  — 5

Schedule of Computation of Basic Income Per Share

The following table sets forth the computation of basic income per share using the two-class method for amounts attributable to the Company’s shares of Common Stock and Class B Common Stock (in thousands, except per share data):

Year ended	August 27, 2022		August 28, 2021		August 29, 2020
Net income available to shareholders	$	103,404	$	151,111	$	135,770
Allocation of net income for Basic:
Common Stock	$	86,844	$	126,848	$	114,017
Class B Common Stock		16,560		24,263		21,753
	$	103,404	$	151,111	$	135,770
Weighted average number of shares for Basic:
Common Stock		15,203		15,237		15,276
Class B Common Stock		3,621		3,643		3,643
		18,824		18,880		18,919
Income per share for Basic:
Common Stock	$	5.71	$	8.32	$	7.46
Class B Common Stock	$	4.57	$	6.66	$	5.97

Schedule of Computation of Diluted Income Per Share

The following table sets forth the computation of diluted income per share of Common Stock for the years ended August 27, 2022, August 28, 2021 and August 29, 2020 (in thousands, except per share data):

	Year Ended August 27, 2022						Year Ended August 28, 2021						Year Ended August 29, 2020
	Earnings to Common shareholders		Common Shares		Income Per Share		Earnings to Common shareholders		Common Shares		Income Per Share		Earnings to Common shareholders		Common Shares		Income Per Share
As reported—Basic	$	86,844		15,203	$	5.71	$	126,848		15,237	$	8.32	$	114,017		15,276	$	7.46
Add: effect of dilutive potential    common shares
Share-Based Awards		—		109				—		158				—		123
Class B Common Stock		16,560		3,621				24,263		3,643				21,753		3,643
Diluted Income Per Share—    Common Stock	$	103,404		18,933	$	5.46	$	151,111		19,038	$	7.94	$	135,770		19,042	$	7.13