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Leases (Tables)
3 Months Ended
Nov. 30, 2019
Leases [Abstract]  
Schedule of Operating Lease Cost and Information Related to Operating Lease Right-of-use Assets, Net and Operating Lease Liabilities

The following table presents the operating lease cost and information related to the operating lease right-of-use assets, net and operating lease liabilities for the thirteen weeks ended November 30, 2019:

 

(In thousands, except lease term and discount rate)

 

 

 

 

Lease cost

 

 

 

 

Operating lease costs including short-term lease expense

   and variable lease costs, which  were immaterial in

   the quarter

 

$

4,567

 

 

 

 

 

 

Operating cash flow impacts

 

 

 

 

Cash paid for amounts included in the measurement of

   operating lease liabilities

 

$

3,235

 

Operating lease right-of-use assets obtained in exchange for

   new operating lease liabilities

 

$

1,909

 

Weighted-average remaining lease term - operating leases

 

4.8 years

 

Weighted-average discount rate - operating leases

 

 

2.86

%

Schedule of Contractual Future Minimum Lease Payments of Operating Lease Liabilities

 

The contractual future minimum lease payments of the Company's operating lease liabilities by fiscal year are as follows as of November 30, 2019:

(In thousands, except per share data)

 

 

 

 

2020 (remaining nine months)

 

$

9,928

 

2021

 

 

12,211

 

2022

 

 

9,025

 

2023

 

 

6,630

 

2024

 

 

4,397

 

Thereafter

 

 

6,544

 

Total payments

 

 

48,735

 

Less interest

 

 

(3,085

)

Total present value of lease payments

 

$

45,650