Stock-Based Compensation Plans - Stock Option Valuation Assumptions (Details) - $ / shares |
12 Months Ended | ||
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Aug. 31, 2024 |
Aug. 26, 2023 |
Aug. 27, 2022 |
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| Share-Based Payment Arrangement [Abstract] | |||
| Expected dividend yield | 2.10% | 1.90% | 1.00% |
| Risk free interest rate | 4.60% | 4.10% | 1.10% |
| Expected life of stock options (in years) | 5 years | 5 years | 5 years |
| Expected stock price volatility | 50.80% | 50.80% | 48.50% |
| Weighted average fair value of options granted (in dollars per share) | $ 25.10 | $ 23.94 | $ 30.47 |
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- References No definition available.
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- Definition The estimated dividend rate (a percentage of the share price) to be paid (expected dividends) to holders of the underlying shares over the option's term. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The risk-free interest rate assumption that is used in valuing an option on its own shares. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The weighted average grant-date fair value of options granted during the reporting period as calculated by applying the disclosed option pricing methodology. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Expected term of award under share-based payment arrangement, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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