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Share-Based Payments (Tables)
12 Months Ended
Aug. 27, 2022
Share-Based Payments  
Schedule of Weighted Average for Key Assumptions Used in Determining Fair Value of Options Granted and Related Share-Based Compensation Expense

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Year Ended

 

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August 27,

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August 28,

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August 29,

 

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2022

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2021

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2020

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​

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Expected price volatility

 

28

%

28

%

22

%

Risk-free interest rate

 

1.1

%

0.4

%

1.4

%

Weighted average expected lives (in years)

 

5.6

​

5.6

​

5.5

​

Forfeiture rate

 

10

%

10

%

10

%

Dividend yield

 

0

%

0

%

0

%

Schedule of Stock Option Activity

The Company generally issues new shares when options are exercised. The following table summarizes information about stock option activity for the year ended August 27, 2022:

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Weighted

    

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Average

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Remaining

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Aggregate

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Weighted

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Contractual

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Intrinsic

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Number

​

Average

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Term

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Value

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​

of Shares

​

Exercise Price

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(in years)

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(in thousands)

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Outstanding – August 28, 2021

 

1,208,054

​

$

790.41

 

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Granted

 

164,532

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​

1,652.86

 

  

 

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Exercised

 

(203,310)

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​

582.42

 

  

 

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Forfeited/Cancelled

 

(30,176)

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​

1,198.93

 

  

 

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Outstanding – August 27, 2022

 

1,139,100

​

 

941.28

 

5.88

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$

1,391,686

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Exercisable

 

739,757

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​

746.60

​

4.64

​

​

1,047,804

Expected to vest

 

380,857

​

​

1,296.02

​

8.15

​

​

330,203

Available for future grants

 

1,023,688

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​

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Schedule of Nonvested Restricted Stock Units Activity

Transactions related to restricted stock units for the fiscal year ended August 27, 2022 are as follows:

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Weighted-

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Number

    

Average Grant

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​

of Shares

​

Date Fair Value

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​

​

​

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Nonvested at August 28, 2021

 

15,751

​

$

1,005.41

Granted

 

5,551

​

​

1,740.19

Vested

 

(6,572)

​

​

1,159.53

Forfeited

 

(1,999)

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​

1,149.97

Nonvested at August 27, 2022

 

12,731

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$

1,223.61