Summary of Significant Accounting Policies (Tables)

12 Months Ended

Aug. 29, 2020

Accounting Policies [Abstract]

Schedule of Total Revenue Disaggregated by Service Type

The following table presents the Company’s revenues for fiscal 2020, 2019, and 2018 disaggregated by service type:  

	Years ended
	August 29, 2020					August 31, 2019					August 25, 2018
(In thousands, except percentages)	Revenues		% of Revenues			Revenues		% of Revenues			Revenues		% of Revenues
Core Laundry Operations	$	1,601,485		88.8	%	$	1,616,205		89.3	%	$	1,523,648		89.8	%
Specialty Garments		133,185		7.4	%		132,767		7.3	%		118,477		7.0	%
First Aid		69,489		3.9	%		60,404		3.4	%		54,364		3.2	%
Total Revenues	$	1,804,159		100.0	%	$	1,809,376		100.0	%	$	1,696,489		100.0	%

Schedule of Components of Inventory

The components of inventory as of August 29, 2020 and August 31, 2019 were as follows (in thousands):

	August 29, 2020		August 31, 2019
Raw materials	$	20,266	$	23,000
Work in process		2,730		2,864
Finished goods		83,273		75,052
Total inventory	$	106,269	$	100,916

Schedule of Components of Property, Plant and Equipment

The components of property, plant and equipment as of August 29, 2020 and August 31, 2019 were as follows (in thousands):

	August 29, 2020		August 31, 2019
Land, buildings and leasehold equipment	$	558,277	$	527,419
Machinery and equipment		585,211		565,319
Motor vehicles		278,098		253,841
		1,421,586		1,346,579
Less: accumulated depreciation		839,116		772,070
Total property, plant and equipment	$	582,470	$	574,509

Schedule of Useful Lives of Property, Plant and Equipment

The Company provides for depreciation on the straight-line method based on the date the asset is placed in service using the following estimated useful lives:

Buildings (in years)	30  —  40
Building components (in years)	10  —  20
Leasehold improvements	Shorter of useful life or term of lease
Machinery and equipment (in years)	3  —  10
Motor vehicles (in years)	3  —  5

Schedule of Computation of Basic Income Per Share

The following table sets forth the computation of basic income per share using the two-class method for amounts attributable to the Company’s shares of Common Stock and Class B Common Stock (in thousands, except per share data):

Year ended	August 29, 2020		August 31, 2019		August 25, 2018
Net income available to shareholders	$	135,770	$	179,134	$	163,895
Allocation of net income for Basic:
Common Stock	$	114,017	$	150,247	$	133,802
Class B Common Stock		21,753		28,887		30,093
	$	135,770	$	179,134	$	163,895
Weighted average number of shares for Basic:
Common Stock		15,276		15,385		15,454
Class B Common Stock		3,643		3,697		4,357
		18,919		19,082		19,811
Income per share for Basic:
Common Stock	$	7.46	$	9.77	$	8.66
Class B Common Stock	$	5.97	$	7.81	$	6.91

Schedule of Computation of Diluted Income Per Share

The following table sets forth the computation of diluted income per share of Common Stock for the years ended August 29, 2020, August 31, 2019 and August 25, 2018 (in thousands, except per share data):

	Year Ended August 29, 2020						Year Ended August 31, 2019						Year Ended August 25, 2018
	Earnings to Common shareholders		Common Shares		Income Per Share		Earnings to Common shareholders		Common Shares		Income Per Share		Earnings to Common shareholders		Common Shares		Income Per Share
As reported—Basic	$	114,017		15,276	$	7.46	$	150,247		15,385	$	9.77	$	133,802		15,454	$	8.66
Add: effect of dilutive potential    common shares
Share-Based Awards		—		123				—		114				—		152
Class B Common Stock		21,753		3,643				28,887		3,697				30,093		4,357
Diluted Income Per Share—    Common Stock	$	135,770		19,042	$	7.13	$	179,134		19,196	$	9.33	$	163,895		19,963	$	8.21