Summary of Significant Accounting Policies (Tables)

12 Months Ended

Aug. 31, 2024

Accounting Policies [Abstract]

Schedule of Change in Allowance for Credit Losses

The following table presents the change in the allowance for credit losses, which is included in Receivables, net of reserves on the Consolidated Balance Sheets as of August 31, 2024 and August 26, 2023 are as follows (in thousands):

(In thousands)	August 31, 2024			August 26, 2023
Beginning balance	$	6,276		$	5,930
Current period provision		13,976			10,740
Write-offs and other		(12,336	)		(10,394	)
Ending balance	$	7,916		$	6,276

Schedule of Total Revenue Disaggregated by Service Type

The following table presents the Company’s revenues for fiscal 2024, 2023 and 2022 disaggregated by service type:

	Year ended
	2024					2023					2022
(In thousands, except percentages)	Revenues		% of Revenues			Revenues		% of Revenues			Revenues		% of Revenues
Core Laundry Operations	$	2,138,948		88.1	%	$	1,961,189		87.8	%	$	1,770,502		88.5	%
Specialty Garments		182,212		7.5	%		177,034		8.0	%		152,885		7.6	%
First Aid		106,271		4.4	%		94,824		4.2	%		77,435		3.9	%
Total revenues	$	2,427,431		100.0	%	$	2,233,047		100.0	%	$	2,000,822		100.0	%

Schedule of Disaggregation of Revenue Percentage

The following table presents the Company's percentage of revenues for fiscal 2024, 2023 and 2022 disaggregated by the timing of revenue recognition by service type:

	Year ended
	2024						2023						2022
	Over Time			Point in Time			Over Time			Point in Time			Over Time			Point in Time
Core Laundry Operations		88.4	%		11.6	%		88.4	%		11.6	%		88.4	%		11.6	%
Specialty Garments		84.2	%		15.8	%		83.9	%		16.1	%		83.8	%		16.2	%
First Aid		0	%		100	%		0	%		100	%		0	%		100	%

Schedule of Deferred Commissions

The following table presents deferred commissions on the Company's Consolidated Balance Sheets as of August 31, 2024 and August 26, 2023 are as follows (in thousands):

Balance Sheet Location	August 31, 2024		August 26, 2023
Prepaid expenses and other current assets	$	18,079	$	16,495
Other assets		78,856		70,393

Schedule of Amortization Expense Related to Deferred Commissions.

The following table presents the Company's amortization expense related to deferred commissions on the Consolidated Statements of Income for fiscal 2024, 2023 and 2022 are as follows (in thousands):

Income Statement Location	2024		2023		2022
Selling and administrative expenses	$	18,031	$	16,500	$	15,400

Schedule of Components of Inventory

The components of inventory as of August 31, 2024 and August 26, 2023 are as follows (in thousands):

	August 31, 2024		August 26, 2023
Raw materials	$	22,164	$	25,147
Work in process		2,832		4,444
Finished goods		131,912		118,743
Total inventory	$	156,908	$	148,334

Schedule of Components of Property, Plant and Equipment

The components of property, plant and equipment as of August 31, 2024 and August 26, 2023 are as follows (in thousands):

	August 31, 2024		August 26, 2023
Land, buildings and leasehold equipment	$	787,628	$	744,085
Machinery and equipment		710,108		676,490
Motor vehicles		372,837		331,537
Total property, plant and equipment, gross		1,870,573		1,752,112
Less: accumulated depreciation		1,068,961		995,572
Total property, plant and equipment, net	$	801,612	$	756,540

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	2024		2023		2022
Net income available to shareholders	$	145,474	$	103,674	$	103,404
Allocation of net income for Basic:
Common Stock	$	122,188	$	87,104	$	86,844
Class B Common Stock		23,286		16,570		16,560
	$	145,474	$	103,674	$	103,404
Weighted average number of shares for Basic:
Common Stock		15,073		15,098		15,203
Class B Common Stock		3,590		3,590		3,621
		18,663		18,688		18,824
Income per share for Basic:
Common Stock	$	8.11	$	5.77	$	5.71
Class B Common Stock	$	6.49	$	4.62	$	4.57

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 31, 2024, August 26, 2023 and August 27, 2022 (in thousands, except per share data):

	Year Ended August 31, 2024						Year Ended August 26, 2023						Year Ended August 27, 2022
	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	$	122,188		15,073	$	8.11	$	87,104		15,098	$	5.77	$	86,844		15,203	$	5.71
Add: effect of dilutive potential    common shares
Share-Based Awards		—		61				—		74				—		109
Class B Common Stock		23,286		3,590				16,570		3,590				16,560		3,621
Diluted Income Per Share—    Common Stock	$	145,474		18,724	$	7.77	$	103,674		18,762	$	5.53	$	103,404		18,933	$	5.46