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Segment Reporting (Tables)
9 Months Ended
May 31, 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

 

 

Thirty-Nine Weeks Ended

 

 

 

May 31, 2025

 

 

May 25, 2024

 

 

May 31, 2025

 

 

May 25, 2024

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

U.S. and Canadian Rental and Cleaning

 

$

521,220

 

 

$

512,572

 

 

$

1,555,694

 

 

$

1,531,116

 

MFG

 

 

69,805

 

 

 

77,862

 

 

 

214,033

 

 

 

233,939

 

Net intercompany MFG elimination

 

 

(69,805

)

 

 

(77,862

)

 

 

(214,033

)

 

 

(233,939

)

Corporate

 

 

11,968

 

 

 

15,882

 

 

 

40,588

 

 

 

43,747

 

Subtotal: Core Laundry Operations

 

 

533,188

 

 

 

528,454

 

 

 

1,596,282

 

 

 

1,574,863

 

Specialty Garments

 

 

47,803

 

 

 

47,582

 

 

 

138,160

 

 

 

135,713

 

First Aid

 

 

29,787

 

 

 

27,292

 

 

 

83,463

 

 

 

76,988

 

    Total consolidated revenues

 

$

610,778

 

 

$

603,328

 

 

$

1,817,905

 

 

$

1,787,564

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating income (loss):

 

 

 

 

 

 

 

 

 

 

 

 

U.S. and Canadian Rental and Cleaning

 

$

87,548

 

 

$

81,867

 

 

$

252,310

 

 

$

234,903

 

MFG

 

 

23,133

 

 

 

24,958

 

 

 

69,884

 

 

 

69,446

 

Net intercompany MFG elimination

 

 

(662

)

 

 

(3,063

)

 

 

(2,864

)

 

 

(7,453

)

Corporate

 

 

(73,282

)

 

 

(66,833

)

 

 

(215,303

)

 

 

(198,830

)

Subtotal: Core Laundry Operations

 

 

36,737

 

 

 

36,929

 

 

 

104,027

 

 

 

98,066

 

Specialty Garments

 

 

10,915

 

 

 

11,373

 

 

 

30,515

 

 

 

33,391

 

First Aid

 

 

525

 

 

 

148

 

 

 

380

 

 

 

(1,927

)

    Total consolidated operating income

 

$

48,177

 

 

$

48,450

 

 

$

134,922

 

 

$

129,530

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other (income) expense:

 

 

 

 

 

 

 

 

 

 

 

 

    Interest income, net

 

$

(2,514

)

 

$

(1,406

)

 

$

(7,422

)

 

$

(4,590

)

    Other expense, net

 

 

(2,704

)

 

 

522

 

 

 

(1,620

)

 

 

1,813

 

Total consolidated other income, net

 

$

(5,218

)

 

$

(884

)

 

$

(9,042

)

 

$

(2,777

)

Total consolidated income before income taxes

 

$

53,395

 

 

$

49,334

 

 

$

143,964

 

 

$

132,307