Share-based Compensation (Tables)

12 Months Ended

Aug. 30, 2025

Share-Based Payment Arrangement [Abstract]

Schedule of Weighted Average Assumptions

The fair value of each stock appreciation right is estimated on the date of grant using the Black-Scholes option pricing model with the following weighted average assumptions used:


Year ended	2025			2024			2023
Risk-free interest rate		4.26	%		4.85	%		3.97	%
Expected dividend yield		0.70	%		0.80	%		0.62	%
Expected life (in years)		5.65			5.54			5.43
Expected volatility		29.8	%		29.4	%		29.3	%

Summary of Share-Based Award Activity for Stock Options and Stock Appreciation Rights

The following table summarizes the Share-Based Awards activity in the form of stock options and stock appreciation rights for fiscal 2025:


	Number of Shares			Weighted Average Exercise Price
Outstanding at August 31, 2024		310,051		$	164.40
Granted		37,050			190.19
Expired		(345	)		201.24
Exercised		(71,617	)		144.85
Forfeited		(6,755	)		177.09
Outstanding at August 30, 2025		268,384		$	172.81

Exercisable at August 30, 2025		196,343		$	168.87

Summary of Share-Based Award Activity for Restricted Stock Units

The following table summarizes the Share-Based Awards activity in the form of restricted stock units for fiscal 2025:


	Number of Shares			Weighted Average Grant Price
Unvested balance at August 31, 2024		122,907		$	175.65
Granted		70,100			187.28
Vested		(45,631	)		177.96
Forfeited		(10,979	)		176.20
Unvested balance at August 30, 2025		136,397		$	180.81

UNIFIRST CORP 10-K