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Equity Compensation Plans
3 Months Ended
Nov. 28, 2024
Share-Based Payment Arrangement [Abstract]  
Equity Plans
Equity Compensation Plans

As of November 28, 2024, 50 million shares of our common stock were available for future awards under our equity compensation plans, including 11 million shares approved for issuance under our employee stock purchase plan (“ESPP”).

Restricted Stock and Restricted Stock Units (“Restricted Stock Awards”)

Restricted Stock Awards activity is summarized as follows:

Three months endedNovember 28, 2024November 30, 2023
Restricted stock award shares granted1012
Weighted-average grant-date fair value per share$100.95 $67.36 
Stock-based Compensation Expense

Stock-based compensation expense recognized in our statements of operations is presented below. Stock-based compensation expense of $101 million and $99 million was capitalized and remained in inventory as of November 28, 2024 and August 29, 2024, respectively.

Three months endedNovember 28, 2024November 30, 2023
Stock-based compensation expense by caption
Cost of goods sold$90 $67 
Research and development77 68 
Selling, general, and administrative50 47 
$217 $182 
Stock-based compensation expense by type of award
Restricted stock awards$192 $163 
ESPP25 19 
$217 $182 

As of November 28, 2024, $2.14 billion of total unrecognized compensation costs for unvested awards, before the effect of any future forfeitures, was expected to be recognized through the first quarter of 2029, resulting in a weighted-average period of 1.4 years.