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Consolidated Statements of Shareholders' Equity - USD ($)
shares in Thousands, $ in Thousands
Total
Class B Common Stock
Common Stock
Common Stock
Class B Common Stock
Common Stock
Common Stock
Capital Surplus
Retained Earnings
Retained Earnings
Class B Common Stock
Retained Earnings
Common Stock
Accumulated Other Comprehensive Loss
Balance at beginning of period at Aug. 26, 2017 $ 1,453,192     $ 482 $ 1,545 $ 86,245 $ 1,386,438     $ (21,518)
Balance at beginning of period (in shares) at Aug. 26, 2017   4,815 15,453              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income 34,206           34,206      
Change in fair value of derivatives 86                 86
Foreign currency translation (2,013)                 (2,013)
Dividends declared Common Stock   $ (144) $ (582)         $ (144) $ (582)  
Share-based compensation, net [1] 596         1,334 (738)      
Share-based awards exercised, net [2] 267       2 265        
Share-based awards exercised, net (in shares) [2]     16              
Balance at end of period at Nov. 25, 2017 1,485,608     482 1,547 87,844 1,419,180     (23,445)
Balance at end of period (in shares) at Nov. 25, 2017   4,815 15,469              
Balance at beginning of period at Aug. 26, 2017 1,453,192     482 1,545 86,245 1,386,438     (21,518)
Balance at beginning of period (in shares) at Aug. 26, 2017   4,815 15,453              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income 128,943                  
Pension benefit liabilities, net 1,192                  
Foreign currency translation (4,694)                  
Balance at end of period at May. 26, 2018 1,429,421     371 1,543 82,408 1,372,358     (27,259)
Balance at end of period (in shares) at May. 26, 2018   3,710 15,426              
Balance at beginning of period at Nov. 25, 2017 1,485,608     482 1,547 87,844 1,419,180     (23,445)
Balance at beginning of period (in shares) at Nov. 25, 2017   4,815 15,469              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income 58,378           58,378      
Pension benefit liabilities, net [3]             1,192     (1,192)
Change in fair value of derivatives (13)                 (13)
Foreign currency translation 1,250                 1,250
Dividends declared Common Stock   $ (140) $ (580)         (140) (580)  
Share-based compensation, net [1] (265)         (265)        
Share-based awards exercised, net [2] 163       2 161        
Share-based awards exercised, net (in shares) [2]     23              
Balance at end of period at Feb. 24, 2018 1,544,401     482 1,549 87,740 1,478,030     (23,400)
Balance at end of period (in shares) at Feb. 24, 2018   4,815 15,492              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income 36,359           36,359      
Change in fair value of derivatives 72                 72
Foreign currency translation (3,931)                 (3,931)
Dividends declared Common Stock   $ (334) $ (1,735)         (334) (1,735)  
Share-based compensation, net [1] 571         571        
Share-based awards exercised, net [2] 30       1 29        
Share-based awards exercised, net (in shares) [2]     7              
Repurchase of common stock (146,012)     (111) (7) (5,932) (139,962)      
Repurchase of common stock (in shares)   (1,105) (73)              
Balance at end of period at May. 26, 2018 1,429,421     371 1,543 82,408 1,372,358     (27,259)
Balance at end of period (in shares) at May. 26, 2018   3,710 15,426              
Balance at beginning of period at Aug. 25, 2018 1,464,967     371 1,543 82,973 1,405,239     (25,159)
Balance at beginning of period (in shares) at Aug. 25, 2018   3,710 15,431              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income 38,320           38,320      
Change in fair value of derivatives 88                 88
Foreign currency translation (2,282)                 (2,282)
Dividends declared Common Stock   $ (334) $ (1,736)         (334) (1,736)  
Share-based compensation, net [1] 1,042         1,042        
Share-based awards exercised, net (in shares) [2]     2              
Balance at end of period at Nov. 24, 2018 1,539,498     371 1,543 84,015 1,480,922     (27,353)
Balance at end of period (in shares) at Nov. 24, 2018   3,710 15,433              
Balance at beginning of period at Aug. 25, 2018 1,464,967     371 1,543 82,973 1,405,239     (25,159)
Balance at beginning of period (in shares) at Aug. 25, 2018   3,710 15,431              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income 133,146                  
Foreign currency translation (3,513)                  
Balance at end of period at May. 25, 2019 1,609,696     371 1,531 84,836 1,551,475     (28,517)
Balance at end of period (in shares) at May. 25, 2019   3,710 15,307              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Cumulative effect of change in accounting principle, net [4] 39,433           39,433      
Balance at beginning of period at Nov. 24, 2018 1,539,498     371 1,543 84,015 1,480,922     (27,353)
Balance at beginning of period (in shares) at Nov. 24, 2018   3,710 15,433              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income 47,606           47,606      
Change in fair value of derivatives (71)                 (71)
Foreign currency translation 1,418                 1,418
Dividends declared Common Stock   $ (334) $ (1,732)         (334) (1,732)  
Share-based compensation, net [1] 659         659        
Share-based awards exercised, net [2] 26       1 25        
Share-based awards exercised, net (in shares) [2]     12              
Repurchase of common stock (6,280)       (4) (245) (6,031)      
Repurchase of common stock (in shares)     (45)              
Balance at end of period at Feb. 23, 2019 1,580,790     371 1,540 84,454 1,520,431     (26,006)
Balance at end of period (in shares) at Feb. 23, 2019   3,710 15,400              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income 47,220           47,220      
Change in fair value of derivatives 138                 138
Foreign currency translation (2,649)                 (2,649)
Dividends declared Common Stock   $ (334) $ (1,720)         $ (334) $ (1,720)  
Share-based compensation, net [1] 902         902        
Share-based awards exercised, net [2] 22       1 21        
Share-based awards exercised, net (in shares) [2]     7              
Repurchase of common stock (14,673)       (10) (541) (14,122)      
Repurchase of common stock (in shares)     (100)              
Balance at end of period at May. 25, 2019 $ 1,609,696     $ 371 $ 1,531 $ 84,836 $ 1,551,475     $ (28,517)
Balance at end of period (in shares) at May. 25, 2019   3,710 15,307              
[1] These amounts are shown net of any shares withheld by the Company to satisfy certain tax withholdings obligations in connection with the vesting of certain shares of restricted stock or restricted stock units.
[2] These amounts are shown net of the effect of income taxes.
[3] These amounts include the impact of the adoption of ASU 2018-02 in the second quarter of fiscal 2018. See Note 15, “Accumulated Other Comprehensive Loss” in our Consolidated Financial Statements for further details.
[4] These amounts consist of the cumulative impact of the adoption of the new revenue recognition accounting guidance. See Note 2, “Recent Accounting Pronouncements” in the Company’s Consolidated Financial Statements.