XML 54 R38.htm IDEA: XBRL DOCUMENT v3.24.3
Share-Based Plans (Tables)
12 Months Ended
Aug. 31, 2024
Share-Based Plans  
Schedule of Weighted Average for Key Assumptions Used in Determining Fair Value of Options Granted and Related Share-Based Compensation Expense

Year Ended

 

August 31,

August 26,

August 27,

 

2024

2023

2022

Expected price volatility

29

%

29

%

28

%

Risk-free interest rate

4.7

%

3.8

%

1.1

%

Weighted average expected lives (in years)

5.5

5.5

5.6

Forfeiture rate

7

%

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 31, 2024:

    

    

    

Weighted

    

Average

Remaining

Aggregate

Weighted

Contractual

Intrinsic

Number

Average

Term

Value

of Shares

Exercise Price

(in years)

(in thousands)

Outstanding – August 26, 2023

 

1,027,588

$

1,180.39

 

Granted

 

139,534

2,577.52

 

  

 

  

Exercised

 

(209,829)

799.06

 

  

 

  

Forfeited/Cancelled

 

(33,450)

1,884.80

 

  

 

  

Outstanding – August 31, 2024

 

923,843

 

1,452.52

 

5.96

$

1,597,289

Exercisable

 

589,743

1,054.66

4.73

1,254,276

Expected to vest

 

321,772

2,148.75

8.13

332,305

Available for future grants

 

722,644

Schedule of Nonvested Restricted Stock Units Activity

Transactions related to restricted stock units for the fiscal year ended August 31, 2024 are as follows:

Weighted-

    

Number

    

Average Grant

of Shares

Date Fair Value

Nonvested at August 26, 2023

 

8,133

$

1,572.87

Granted

 

3,173

2,560.56

Vested

 

(4,781)

1,614.94

Forfeited

 

(1,015)

2,144.26

Nonvested at August 31, 2024

 

5,510

$

1,999.92