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Commitments and Contingencies (Tables)
6 Months Ended
Mar. 01, 2025
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Changes to Environmental Liabilities

The changes to the Company’s environmental liabilities for the twenty-six weeks ended March 1, 2025 were as follows (in thousands):

Balance as of August 31, 2024

 

$

31,255

 

Costs incurred for which reserves have been provided

 

 

(1,215

)

Insurance proceeds

 

 

89

 

Interest accretion

 

 

640

 

Changes in discount rates

 

 

(624

)

Revisions in estimates

 

 

733

 

Balance as of March 1, 2025

 

$

30,878

 

Schedule of Anticipated Payments and Insurance Proceeds of Currently Identified Environmental Remediation Liabilities

Anticipated payments and insurance proceeds of currently identified environmental remediation liabilities as of March 1, 2025, for the next five fiscal years and thereafter, as measured in current dollars, are reflected below (in thousands):

 

 

2025

 

 

2026

 

 

2027

 

 

2028

 

 

2029

 

 

Thereafter

 

 

Total

 

Estimated costs – current dollars

 

$

13,264

 

 

$

2,836

 

 

$

1,527

 

 

$

1,280

 

 

$

997

 

 

$

15,047

 

 

$

34,951

 

Estimated insurance proceeds

 

 

(180

)

 

 

(195

)

 

 

(159

)

 

 

(173

)

 

 

(9

)

 

 

(230

)

 

 

(946

)

Net anticipated costs

 

$

13,084

 

 

$

2,641

 

 

$

1,368

 

 

$

1,107

 

 

$

988

 

 

$

14,817

 

 

$

34,005

 

Effect of inflation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

10,141

 

Effect of discounting

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(13,268

)

Balance as of March 1, 2025

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

30,878