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Goodwill and Other Intangible Assets
12 Months Ended
Aug. 29, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Goodwill and Other Intangible Assets Goodwill and Other Intangible Assets
When the Company acquires a business, the amount assigned to the tangible assets and liabilities and 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 assets and liabilities and intangible assets is recorded as goodwill. The Company does not amortize goodwill, but it is reviewed annually or more frequently if certain indicators arise, for impairment. There were no impairment losses related to goodwill or intangible assets during fiscal 2026, 2025 and 2024.
The changes in the carrying amount of goodwill are as follows (in thousands):
Balance as of August 31, 2024$648,850 
Goodwill recorded during the period8,935 
Other(37)
Balance as of August 30, 2025$657,748 
Goodwill recorded during the period17,690 
Other(53)
Balance as of August 29, 2026$675,385 
As of August 29, 2026, the Company has allocated $651.3 million, $20.3 million and $3.8 million of goodwill to its Uniform & Facility Service Solutions, First Aid & Safety Solutions and Other segments, respectively.
Intangible assets, net in the Company’s Consolidated Balance Sheets as of August 29, 2026 and August 30, 2025 are as follows (in thousands):
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
August 29, 2026
Customer contracts$323,998 $257,365 $66,633 
Software77,723 54,850 22,873 
Other intangible assets40,278 39,733 545 
$441,999 $351,948 $90,051 
August 30, 2025
Customer contracts$318,148 $243,364 $74,784 
Software81,659 52,355 29,304 
Other intangible assets40,003 38,262 1,741 
$439,810 $333,981 $105,829 
Estimated amortization expense for the five fiscal years subsequent to August 29, 2026 and thereafter, based on intangible assets, net as of August 29, 2026 are as follows (in thousands):
2027$18,548 
202816,384 
202914,153 
203012,207 
20318,822 
Thereafter19,937 
Total estimated amortization expense$90,051