Income Taxes (Tables)

12 Months Ended

Aug. 29, 2020

Income Tax Disclosure [Abstract]

Components of Provision / (Benefit) for Income Taxes

The provision / (benefit) for income taxes consists of the following (in thousands):

Fiscal year	2020			2019			2018
Current:
Federal	$	40,084		$	38,545		$	23,815
Foreign		1,589			(200	)		527
State		12,865			11,733			8,012
Total current	$	54,538		$	50,078		$	32,354
Deferred:
Federal	$	(8,522	)	$	7,289		$	(11,517	)
Foreign		(599	)		645			363
State		(3,299	)		778			2,151
Total deferred	$	(12,420	)	$	8,712		$	(9,003	)
Total	$	42,118		$	58,790		$	23,351

Reconciliation of Provision for Income Taxes

The following table reconciles the provision for income taxes using the statutory federal income tax rate to the actual provision for income taxes:

Fiscal year	2020			2019			2018
Income taxes at the statutory federal income tax rate		21.0	%		21.0	%		25.9	%
State income taxes		4.4			4.3			4.1
Other		(1.7	)		(0.6	)		(2.8	)
Deemed Repatriation of Non—U.S. Earnings, net foreign    tax credits and other (collectively, Transition Tax)		—			—			1.4
Impact of U.S. tax reform federal tax rate reduction		—			—			(16.1	)
Total		23.7	%		24.7	%		12.5	%

Components of Deferred Income Taxes

The components of deferred income taxes included on the consolidated balance sheets are as follows (in thousands):

	August 29, 2020		August 31, 2019
Deferred Tax Assets
Payroll and benefit related	$	17,451	$	15,929
Insurance related		13,790		11,948
Environmental		7,856		7,093
Accrued expenses		6,270		2,164
Operating lease liabilities		8,720		—
Other		7,536		7,301
Total deferred tax assets	$	61,623	$	44,435
Deferred Tax Liabilities
Payroll and benefit related	$	17,722	$	16,056
Tax in excess of book depreciation		41,713		42,691
Purchased intangible assets		32,892		29,633
Rental merchandise in service		38,846		46,649
Operating lease right-of-use assets		8,952		—
Other		191		290
Total deferred tax liabilities		140,316		135,319
Net deferred tax liability	$	78,693	$	90,884

Reconciliation of Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows (in thousands):

Balance at August 25, 2018	$	2,198
Additions based on tax positions related to the current year		329
Additions for tax positions of prior years		5,535
Statute expirations		(394	)
Balance at August 31, 2019		7,668
Additions based on tax positions related to the current year		475
Reduction for tax positions of prior years		(1,389	)
Statute expirations		(424	)
Balance at August 29, 2020	$	6,330