Segment Reporting (Tables)

12 Months Ended

Aug. 25, 2018

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 tables (in thousands):



As of and for the year ended August 25, 2018	US and Canadian Rental and Cleaning			MFG		Net Interco MFG Elim			Corporate			Subtotal Core Laundry Operations			Specialty Garments		First Aid		Total

Revenues	$	1,485,548		$	247,530	$	(247,424	)	$	37,994		$	1,523,648		$	118,477	$	54,364	$	1,696,489

Income (loss) from operations	$	213,322		$	89,035	$	(9,658	)	$	(129,111	)	$	163,588		$	14,070	$	4,718	$	182,376

Interest income, net	$	(3,927	)	$	—	$	—		$	(1,616	)	$	(5,543	)	$	—	$	—	$	(5,543	)

Income (loss) before taxes	$	217,252		$	88,856	$	(9,658	)	$	(127,510	)	$	168,940		$	13,589	$	4,717	$	187,246

Depreciation and amortization	$	64,481		$	2,238	$	—		$	24,108		$	90,827		$	4,244	$	1,591	$	96,662

Capital expenditures	$	105,481		$	2,882	$	—		$	—		$	108,363		$	3,781	$	603	$	112,747

Total assets	$	1,670,713		$	33,622	$	—		$	—		$	1,704,335		$	110,811	$	28,240	$	1,843,386



As of and for the year ended August 26, 2017	US and Canadian Rental and Cleaning			MFG		Net Interco MFG Elim			Corporate			Subtotal Core Laundry Operations			Specialty Garments		First Aid		Total

Revenues	$	1,415,423		$	206,572	$	(206,316	)	$	26,470		$	1,442,149		$	98,024	$	50,785	$	1,590,958

Income (loss) from operations	$	200,585		$	76,115	$	(3,415	)	$	(176,978	)	$	96,307		$	9,018	$	4,958	$	110,283

Interest (income) expense, net	$	(3,371	)	$	—	$	—		$	(898	)	$	(4,269	)			$	—	$	(4,269	)

Income (loss) before taxes	$	204,108		$	75,738	$	(3,415	)	$	(175,595	)	$	100,836		$	9,329	$	4,958	$	115,123

Depreciation and amortization	$	59,899		$	2,185	$	—		$	20,866		$	82,950		$	4,429	$	1,500	$	88,879

Capital expenditures	$	104,984		$	1,079	$	—		$	—		$	106,063		$	1,737	$	754	$	108,554

Total assets	$	1,667,540		$	34,045	$	—		$	—		$	1,701,585		$	87,767	$	29,776	$	1,819,128



As of and for the year ended August 27, 2016	US and Canadian Rental and Cleaning			MFG		Net Interco MFG Elim			Corporate			Subtotal Core Laundry Operations			Specialty Garments		First Aid		Total

Revenues	$	1,308,152		$	189,154	$	(188,904	)	$	20,973		$	1,329,375		$	91,257	$	47,414	$	1,468,046

Income (loss) from operations	$	201,148		$	67,385	$	(711	)	$	(81,748	)	$	186,074		$	10,204	$	4,882	$	201,160

Interest (income) expense, net	$	(3,252	)	$	—	$	—		$	709		$	(2,543	)	$	—	$	—	$	(2,543	)

Income (loss) before taxes	$	204,433		$	67,407	$	(711	)	$	(82,714	)	$	188,415		$	10,074	$	4,882	$	203,371

Depreciation and amortization	$	57,062		$	2,073	$	—		$	16,918		$	76,053		$	4,332	$	1,227	$	81,612

Capital expenditures	$	91,384		$	1,598	$	—		$	—		$	92,982		$	4,682	$	571	$	98,235

Total assets	$	1,567,943		$	32,556	$	—		$	—		$	1,600,499		$	77,728	$	23,780	$	1,702,007

Schedule of Long-lived Assets

The Company’s long-lived assets as of August 25, 2018 and August 26, 2017 and revenues and income before income taxes for the years ended August 25, 2018, August 26, 2017 and August 27, 2016 were attributed to the following countries (in thousands):



Long-lived assets as of:	August 25, 2018		August 26, 2017
United States	$	1,012,167	$	959,647
Europe, Canada, Mexico and Nicaragua (1)	46,419		45,255
Total	$	1,058,586	$	1,004,902

Schedule of Revenues and Income Before Income Taxes



Revenues for fiscal years:	2018		2017		2016
United States	$	1,559,780	$	1,472,432	$	1,352,101
Europe and Canada (1)	136,709		118,526		115,945
Total	$	1,696,489	$	1,590,958	$	1,468,046



Income before income taxes for fiscal years:	2018		2017		2016
United States	$	184,605	$	109,741	$	197,441
Europe, Canada, Mexico and Nicaragua (1)	2,641		5,382		5,930
Total	$	187,246	$	115,123	$	203,371

(1)No country accounts for greater than 10% of total long-lived assets, revenues or income before income taxes