Segment Reporting (Tables)

12 Months Ended

Aug. 26, 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 tables (in thousands):

As of and for the year ended August 26, 2023	US and Canadian Rental and Cleaning			MFG		Net Interco MFG Elim			Corporate			Subtotal Core Laundry Operations			Specialty Garments		First Aid			Total
Revenues	$	1,907,765		$	297,752	$	(297,752	)	$	53,424		$	1,961,189		$	177,034	$	94,824		$	2,233,047
Income (loss) from operations	$	293,171		$	88,292	$	(16,717	)	$	(266,080	)	$	98,666		$	37,488	$	(2,551	)	$	133,603
Interest (income) expense, net	$	(3,105	)	$	—	$	—		$	(3,633	)	$	(6,738	)	$	—	$	—		$	(6,738	)
Income (loss) before taxes	$	296,214		$	87,935	$	(16,717	)	$	(264,459	)	$	102,973		$	38,420	$	(2,556	)	$	138,837
Depreciation and amortization	$	86,887		$	2,135	$	—		$	25,255		$	114,277		$	4,020	$	2,936		$	121,233
Capital expenditures	$	159,058		$	78	$	—		$	—		$	159,136		$	8,818	$	4,037		$	171,991
Total assets	$	2,347,895		$	34,655	$	—		$	—		$	2,382,550		$	127,057	$	60,368		$	2,569,975

As of and for the year ended August 27, 2022	US and Canadian Rental and Cleaning			MFG		Net Interco MFG Elim			Corporate			Subtotal Core Laundry Operations			Specialty Garments		First Aid			Total
Revenues	$	1,733,088		$	281,112	$	(281,112	)	$	37,414		$	1,770,502		$	152,885	$	77,435		$	2,000,822
Income (loss) from operations	$	289,018		$	64,884	$	236		$	(243,428	)	$	110,710		$	23,658	$	(17	)	$	134,351
Interest (income) expense, net	$	(2,998	)	$	—	$	—		$	147		$	(2,851	)	$	—	$	—		$	(2,851	)
Income (loss) before taxes	$	291,960		$	64,553	$	236		$	(244,800	)	$	111,949		$	22,396	$	(20	)	$	134,325
Depreciation and amortization	$	75,876		$	2,251	$	—		$	24,075		$	102,202		$	4,097	$	2,478		$	108,777
Capital expenditures	$	135,725		$	255	$	—		$	—		$	135,980		$	7,122	$	1,217		$	144,319
Total assets	$	2,206,608		$	35,748	$	—		$	—		$	2,242,356		$	135,406	$	50,210		$	2,427,972

As of and for the year ended August 28, 2021	US and Canadian Rental and Cleaning			MFG		Net Interco MFG Elim			Corporate			Subtotal Core Laundry Operations			Specialty Garments		First Aid			Total
Revenues	$	1,580,850		$	264,021	$	(264,021	)	$	34,710		$	1,615,560		$	145,454	$	65,202		$	1,826,216
Income (loss) from operations	$	290,774		$	73,579	$	(283	)	$	(192,353	)	$	171,717		$	24,801	$	(693	)	$	195,825
Interest (income) expense, net	$	(2,760	)	$	—	$	—		$	192		$	(2,568	)	$	—	$	—		$	(2,568	)
Income (loss) before taxes	$	293,357		$	73,260	$	(283	)	$	(194,970	)	$	171,364		$	26,198	$	(691	)	$	196,871
Depreciation and amortization	$	73,611		$	2,530	$	—		$	23,190		$	99,331		$	4,510	$	2,114		$	105,955
Capital expenditures	$	129,327		$	456	$	—		$	—		$	129,783		$	3,407	$	449		$	133,639
Total assets	$	2,179,243		$	37,605	$	—		$	—		$	2,216,848		$	119,305	$	44,912		$	2,381,065

Schedule of Long-lived Assets

The Company’s long-lived assets as of August 26, 2023 and August 27, 2022 and revenues and income before income taxes for fiscal 2023, 2022 and 2021 were attributed to the following countries (in thousands):

Long-lived assets as of:	August 26, 2023		August 27, 2022
U.S.	$	1,660,753	$	1,309,119
Europe, Canada, Mexico and Nicaragua (1)		69,104		54,961
Total	$	1,729,857	$	1,364,080

Schedule of Revenues and Income Before Income Taxes

Revenues for fiscal years:	2023		2022		2021
U.S.	$	2,054,601	$	1,831,089	$	1,672,530
Europe and Canada (1)		178,446		169,733		153,686
Total	$	2,233,047	$	2,000,822	$	1,826,216

Income before income taxes for fiscal years:	2023		2022		2021
U.S.	$	129,997	$	128,567	$	187,442
Europe, Canada, Mexico and Nicaragua (1)		8,840		5,758		9,429
Total	$	138,837	$	134,325	$	196,871

No country other than the U.S. accounts for greater than 10% of total long-lived assets, revenues or income before income taxes.