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Fair Value Measurements (Tables)
9 Months Ended
May 29, 2021
Fair Value Disclosures [Abstract]  
Schedule of Assets or Liabilities Measured at Fair Value on a Recurring Basis

The assets or liabilities measured at fair value on a recurring basis are summarized in the tables below (in thousands):

 

 

 

As of May 29, 2021

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Fair Value

 

Assets (Liabilities):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash equivalents

 

$

197,458

 

 

$

 

 

$

 

 

$

197,458

 

Pension plan assets

 

 

 

 

 

3,927

 

 

 

 

 

 

3,927

 

Foreign currency forward contracts

 

 

 

 

 

(86

)

 

 

 

 

 

(86

)

Total assets at fair value

 

$

197,458

 

 

$

3,841

 

 

$

 

 

$

201,299

 

 

 

 

As of August 29, 2020

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Fair Value

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash equivalents

 

$

196,478

 

 

$

 

 

$

 

 

$

196,478

 

Pension plan assets

 

 

 

 

 

4,146

 

 

 

 

 

 

4,146

 

Foreign currency forward contracts

 

 

 

 

 

87

 

 

 

 

 

 

87

 

Total assets at fair value

 

$

196,478

 

 

$

4,233

 

 

$

 

 

$

200,711