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Segment Reporting (Tables)
6 Months Ended
Mar. 01, 2025
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

 

 

Twenty-Six Weeks Ended

 

 

 

March 1, 2025

 

 

February 24, 2024

 

 

March 1, 2025

 

 

February 24, 2024

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

U.S. and Canadian Rental and Cleaning

 

$

514,181

 

 

$

507,602

 

 

$

1,034,474

 

 

$

1,018,544

 

MFG

 

 

67,044

 

 

 

71,038

 

 

 

144,228

 

 

 

156,077

 

Net intercompany MFG elimination

 

 

(67,044

)

 

 

(71,038

)

 

 

(144,228

)

 

 

(156,077

)

Corporate

 

 

16,170

 

 

 

14,818

 

 

 

28,620

 

 

 

27,865

 

Subtotal: Core Laundry Operations

 

 

530,351

 

 

 

522,420

 

 

 

1,063,094

 

 

 

1,046,409

 

Specialty Garments

 

 

44,414

 

 

 

43,462

 

 

 

90,357

 

 

 

88,131

 

First Aid

 

 

27,454

 

 

 

24,829

 

 

 

53,676

 

 

 

49,696

 

    Total consolidated revenues

 

$

602,219

 

 

$

590,711

 

 

$

1,207,127

 

 

$

1,184,236

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating income (loss):

 

 

 

 

 

 

 

 

 

 

 

 

U.S. and Canadian Rental and Cleaning

 

$

73,366

 

 

$

67,390

 

 

$

164,762

 

 

$

153,036

 

MFG

 

 

20,950

 

 

 

19,547

 

 

 

46,751

 

 

 

44,488

 

Net intercompany MFG elimination

 

 

1,783

 

 

 

91

 

 

 

(2,202

)

 

 

(4,390

)

Corporate

 

 

(71,832

)

 

 

(67,982

)

 

 

(142,021

)

 

 

(131,997

)

Subtotal: Core Laundry Operations

 

 

24,267

 

 

 

19,046

 

 

 

67,290

 

 

 

61,137

 

Specialty Garments

 

 

7,433

 

 

 

9,901

 

 

 

19,600

 

 

 

22,018

 

First Aid

 

 

(486

)

 

 

(1,004

)

 

 

(145

)

 

 

(2,075

)

    Total consolidated operating income

 

$

31,214

 

 

$

27,943

 

 

$

86,745

 

 

$

81,080

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other (income) expense:

 

 

 

 

 

 

 

 

 

 

 

 

    Interest income, net

 

$

(2,213

)

 

$

(350

)

 

$

(4,908

)

 

$

(3,184

)

    Other expense, net

 

 

794

 

 

 

575

 

 

 

1,084

 

 

 

1,291

 

Total consolidated other (income) expense, net

 

$

(1,419

)

 

$

225

 

 

$

(3,824

)

 

$

(1,893

)

Total consolidated income before income taxes

 

$

32,633

 

 

$

27,718

 

 

$

90,569

 

 

$

82,973