XML 45 R35.htm IDEA: XBRL DOCUMENT v3.23.2
Segment Reporting (Tables)
9 Months Ended
May 27, 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

 

May 27, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

488,198

 

 

$

72,600

 

 

$

(72,600

)

 

$

13,521

 

 

$

501,719

 

 

$

49,407

 

 

$

25,542

 

 

$

576,668

 

Operating income (loss)

 

$

70,175

 

 

$

20,931

 

 

$

(1,948

)

 

$

(68,163

)

 

$

20,995

 

 

$

12,455

 

 

$

(53

)

 

$

33,397

 

Interest (income) expense, net

 

$

(632

)

 

$

 

 

$

 

 

$

79

 

 

$

(553

)

 

$

 

 

$

 

 

$

(553

)

Income (loss) before taxes

 

$

70,779

 

 

$

20,883

 

 

$

(1,948

)

 

$

(68,809

)

 

$

20,905

 

 

$

12,478

 

 

$

(54

)

 

$

33,329

 

May 28, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

439,462

 

 

$

58,369

 

 

$

(58,369

)

 

$

10,577

 

 

$

450,039

 

 

$

41,198

 

 

$

20,311

 

 

$

511,548

 

Operating income (loss)

 

$

75,660

 

 

$

12,117

 

 

$

4,219

 

 

$

(65,565

)

 

$

26,431

 

 

$

7,161

 

 

$

105

 

 

$

33,697

 

Interest (income) expense, net

 

$

(736

)

 

$

 

 

$

 

 

$

396

 

 

$

(340

)

 

$

 

 

$

 

 

$

(340

)

Income (loss) before taxes

 

$

76,419

 

 

$

12,045

 

 

$

4,219

 

 

$

(66,362

)

 

$

26,321

 

 

$

7,179

 

 

$

106

 

 

$

33,606

 

 

Thirty-nine weeks ended

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

May 27, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

1,414,825

 

 

$

224,342

 

 

$

(224,342

)

 

$

41,342

 

 

$

1,456,167

 

 

$

135,613

 

 

$

69,377

 

 

$

1,661,157

 

Operating income (loss)

 

$

216,830

 

 

$

66,485

 

 

$

(14,739

)

 

$

(200,108

)

 

$

68,468

 

 

$

30,683

 

 

$

(1,626

)

 

$

97,525

 

Interest income, net

 

$

(2,677

)

 

$

 

 

$

 

 

$

(3,676

)

 

$

(6,353

)

 

$

 

 

$

 

 

$

(6,353

)

Income (loss) before taxes

 

$

219,406

 

 

$

66,214

 

 

$

(14,739

)

 

$

(197,813

)

 

$

73,068

 

 

$

30,915

 

 

$

(1,631

)

 

$

102,352

 

May 28, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

1,284,411

 

 

$

214,712

 

 

$

(214,712

)

 

$

27,530

 

 

$

1,311,941

 

 

$

116,220

 

 

$

56,247

 

 

$

1,484,408

 

Operating income (loss)

 

$

209,499

 

 

$

50,968

 

 

$

(1,835

)

 

$

(176,949

)

 

$

81,683

 

 

$

19,640

 

 

$

(223

)

 

$

101,100

 

Interest (income) expense, net

 

$

(2,216

)

 

$

 

 

$

 

 

$

477

 

 

$

(1,739

)

 

$

 

 

$

 

 

$

(1,739

)

Income (loss) before taxes

 

$

211,700

 

 

$

50,722

 

 

$

(1,835

)

 

$

(178,419

)

 

$

82,168

 

 

$

19,133

 

 

$

(223

)

 

$

101,078