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Segment Reporting (Tables)
6 Months Ended
Feb. 25, 2023
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information

The Company refers to the U.S. and Canadian Rental and Cleaning, MFG, and Corporate reporting segments combined as its “Core Laundry Operations,” which is included as a subtotal in the following table (in thousands):

 

Thirteen weeks ended

 

U.S. and
Canadian
Rental
and
Cleaning

 

 

MFG

 

 

Net
Interco
MFG
Elim

 

 

Corporate

 

 

Subtotal
Core
Laundry
Operations

 

 

Specialty
Garments

 

 

First Aid

 

 

Total

 

February 25, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

463,803

 

 

$

74,231

 

 

$

(74,231

)

 

$

13,247

 

 

$

477,050

 

 

$

42,127

 

 

$

23,514

 

 

$

542,691

 

Operating income (loss)

 

$

64,010

 

 

$

22,252

 

 

$

(6,008

)

 

$

(66,612

)

 

$

13,642

 

 

$

8,045

 

 

$

(977

)

 

$

20,710

 

Interest income, net

 

$

(1,025

)

 

$

 

 

$

 

 

$

(2,006

)

 

$

(3,031

)

 

$

 

 

$

 

 

$

(3,031

)

Income (loss) before taxes

 

$

65,051

 

 

$

22,127

 

 

$

(6,008

)

 

$

(64,812

)

 

$

16,358

 

 

$

8,247

 

 

$

(978

)

 

$

23,627

 

February 26, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

424,896

 

 

$

65,618

 

 

$

(65,618

)

 

$

8,160

 

 

$

433,056

 

 

$

35,538

 

 

$

18,102

 

 

$

486,696

 

Operating income (loss)

 

$

59,914

 

 

$

14,826

 

 

$

1,545

 

 

$

(57,540

)

 

$

18,745

 

 

$

3,850

 

 

$

18

 

 

$

22,613

 

Interest (income) expense, net

 

$

(814

)

 

$

 

 

$

 

 

$

63

 

 

$

(751

)

 

$

 

 

$

 

 

$

(751

)

Income (loss) before taxes

 

$

60,711

 

 

$

14,711

 

 

$

1,545

 

 

$

(58,067

)

 

$

18,900

 

 

$

3,849

 

 

$

21

 

 

$

22,770

 

 

Twenty-six weeks ended

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

February 25, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

926,627

 

 

$

151,742

 

 

$

(151,742

)

 

$

27,821

 

 

$

954,448

 

 

$

86,206

 

 

$

43,835

 

 

$

1,084,489

 

Operating income (loss)

 

$

146,655

 

 

$

45,554

 

 

$

(12,791

)

 

$

(131,945

)

 

$

47,473

 

 

$

18,228

 

 

$

(1,573

)

 

$

64,128

 

Interest income, net

 

$

(2,045

)

 

$

 

 

$

 

 

$

(3,755

)

 

$

(5,800

)

 

$

 

 

$

 

 

$

(5,800

)

Income (loss) before taxes

 

$

148,627

 

 

$

45,331

 

 

$

(12,791

)

 

$

(129,004

)

 

$

52,163

 

 

$

18,437

 

 

$

(1,577

)

 

$

69,023

 

February 26, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

844,949

 

 

$

156,343

 

 

$

(156,343

)

 

$

16,953

 

 

$

861,902

 

 

$

75,022

 

 

$

35,936

 

 

$

972,860

 

Operating income (loss)

 

$

133,839

 

 

$

38,851

 

 

$

(6,054

)

 

$

(111,384

)

 

$

55,252

 

 

$

12,479

 

 

$

(328

)

 

$

67,403

 

Interest (income) expense, net

 

$

(1,480

)

 

$

 

 

$

 

 

$

81

 

 

$

(1,399

)

 

$

 

 

$

 

 

$

(1,399

)

Income (loss) before taxes

 

$

135,281

 

 

$

38,677

 

 

$

(6,054

)

 

$

(112,057

)

 

$

55,847

 

 

$

11,954

 

 

$

(329

)

 

$

67,472