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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Aug. 31, 2024
Aug. 26, 2023
Aug. 27, 2022
Cash flows from operating activities:      
Net income $ 145,474 $ 103,674 $ 103,404
Adjustments to reconcile net income to cash provided by operating activities:      
Depreciation and amortization [1] 141,432 121,233 108,777
Share-based compensation 9,773 9,063 9,103
Accretion on environmental contingencies 1,264 1,036 596
Accretion on asset retirement obligations 976 923 970
Other 1,027 1,020 (993)
Deferred income taxes 5,231 22,143 20,008
Changes in assets and liabilities, net of acquisitions:      
Receivables, less reserves 511 (21,714) (40,626)
Inventories (8,458) 4,001 (8,148)
Rental merchandise in service 10,548 (20,847) (36,597)
Prepaid expenses and other current assets and Other assets (12,582) (7,057) 9,250
Accounts payable (4,069) 10,111 (927)
Accrued liabilities (3,021) (12,762) (31,517)
Prepaid and accrued income taxes 7,163 4,938 (10,651)
Net cash provided by operating activities 295,269 215,762 122,649
Cash flows from investing activities:      
Acquisition of businesses, net of cash acquired (203) (306,193) (44,203)
Capital expenditures, including capitalization of software costs (160,417) (171,991) (144,319)
Purchases of investments (24,581) (117,012) 0
Maturities of investments 21,679 107,000 0
Proceeds from sale of assets 1,286 549 2,015
Net cash used in investing activities (162,236) (487,647) (186,507)
Cash flows from financing activities:      
Payment of deferred financing costs 0 (851) 0
Borrowings under line of credit 0 80,000 0
Repayments under line of credit 0 (80,000) 0
Proceeds from exercise of share-based awards 4 3 (167)
Taxes withheld and paid related to net share settlement of equity awards (3,239) (2,891) (4,068)
Repurchase of Common Stock (23,780) 0 (44,412)
Payment of cash dividends (23,345) (22,100) (20,791)
Net cash used in financing activities (50,360) (25,839) (69,438)
Effect of exchange rate changes (545) 768 (3,173)
Net increase (decrease) in cash and cash equivalents 82,128 (296,956) (136,469)
Cash and cash equivalents at beginning of period 79,443 376,399 512,868
Cash and cash equivalents at end of period 161,571 79,443 376,399
Supplemental disclosure of cash flow information:      
Non-cash capital expenditures 11,138 7,351 8,737
Interest paid 1,169 1,344 838
Income taxes paid, net of refunds received $ 33,716 $ 8,491 $ 24,559
[1] Depreciation and amortization for the full year of fiscal 2024, 2023 and 2022 included approximately $18.8 million, $14.7 million and $10.9 million, respectively, of non-cash amortization expense recognized for acquisition-related intangible assets.