Asset Retirement Obligations

9 Months Ended

May 28, 2011

Notes To Financial Statements [Abstract]

8. Asset Retirement Obligations

The Company recognizes asset retirement obligations in the period in which they are incurred if a reasonable estimate of fair value can be made. The associated asset retirement costs are capitalized as part of the carrying amount of the long-lived asset. The Company continues to depreciate, on a straight-line basis, the amount added to property, plant and equipment and recognizes accretion expense in connection with the discounted liability over the various remaining lives which range from approximately one to thirty-three years.

A reconciliation of the Company's asset retirement liability is as follows (in thousands):

		May 28, 2011
Beginning balance as of August 28, 2010	$	8,899
Accretion expense		442
Ending balance as of May 28, 2011	$	9,341

As of May 28, 2011 and August 28, 2010, the $9.3 million and $8.9 million asset retirement obligations are included in current accrued liabilities in the accompanying Consolidated Balance Sheet, respectively.