Acquisitions

12 Months Ended

Aug. 29, 2026

Business Combination [Abstract]

Acquisitions

Acquisitions

Whenever the Company acquires a business, consistent with current accounting guidance, the results of operations of the acquisition are included in the Company’s consolidated financial results from the date of the acquisition. The amount assigned to intangible assets acquired is based on their respective fair values determined as of the acquisition date. The excess of the purchase price over the tangible and intangible assets is recorded as goodwill. Goodwill is allocated to the segment to which the acquisition relates and is deductible for tax purposes.

During fiscal 2026, the Company incurred approximately $37.2 million of Transaction-related Costs (as defined below) associated with the proposed merger with Cintas. These costs consisted primarily of legal, advisory and other professional service fees (“Transaction-related Costs”) and are included within selling and administrative expenses in the Consolidated Statements of Income.

During fiscal 2026, the Company completed six acquisitions in the First Aid & Safety Solutions segment, two acquisitions in the Uniform & Facility Service Solutions segment and one acquisition in the Other segment, for total purchase prices of approximately $16.0 million, $10.7 million and $0.9 million, respectively.

During fiscal 2025, the Company completed three acquisitions in the Uniform & Facility Service Solutions segment and seven acquisitions in the First Aid & Safety Solutions segment for total purchase prices of approximately $1.9 million and $12.0 million, respectively.

The Company has prepared purchase price allocations for the business combinations on a preliminary basis. The purchase price was primarily allocated to goodwill and intangible assets, with tangible assets consisting mainly of inventory and property, plant and equipment. A portion of the total purchase price is subject to holdback arrangements, which are typically payable within a one-year period following the acquisition date and contingent upon the achievement of specified revenue targets. The operating results of these businesses have been included in the Company’s consolidated financial statements from their respective acquisition dates. As these acquisitions were not material to the Company’s consolidated results, pro forma financial information has not been presented.

The following table presents aggregate information relating to the acquisition of businesses during fiscal 2026 and 2025 (in thousands):

Year ended	August 29, 2026		August 30, 2025
Cash and cash equivalents	$	282	$	—
Tangible assets acquired	3,797		1,088
Goodwill	17,690		8,935
Customer contracts	5,920		3,749
Other intangible assets	256		217
Liabilities assumed	(304)		—
Total consideration paid for acquisition of businesses	27,641		13,989
Contingent consideration	(3,331)		—
Contingent holdbacks	(406)		(2,078)
Acquisition of businesses, net of contingent consideration and holdbacks	$	23,904	$	11,911