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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 02, 2019
Sep. 01, 2018
Current Assets:    
Cash and cash equivalents $ 31,167 $ 46,217
Accounts receivable, net of allowance for doubtful accounts of $16,828 and $12,992, respectively 540,756 523,892
Inventories 572,593 518,496
Prepaid expenses and other current assets 99,387 58,902
Total current assets 1,243,903 1,147,507
Property, plant and equipment, net 307,310 311,685
Goodwill 677,501 674,998
Identifiable intangibles, net 123,062 122,724
Other assets 6,340 31,813
Total assets 2,358,116 2,288,727
Current Liabilities:    
Short-term debt [1] 308,562 224,097
Accounts payable 162,673 145,133
Accrued liabilities 96,656 121,293
Total current liabilities 567,891 490,523
Long-term debt 284,666 311,236
Deferred income taxes and tax uncertainties 99,714 99,714
Total liabilities 952,271 901,473
Commitments and Contingencies
MSC Industrial Shareholders’ Equity:    
Preferred stock; $0.001 par value; 5,000,000 shares authorized; none issued and outstanding
Additional paid-in capital 670,047 657,749
Retained earnings 1,349,972 1,325,822
Accumulated other comprehensive loss (20,237) (19,634)
Class A treasury stock, at cost, 9,489,885 and 9,207,635 shares, respectively (599,603) (576,748)
Total MSC Industrial shareholders’ equity 1,400,243 1,387,254
Noncontrolling interest 5,602  
Total Shareholders’ Equity 1,405,845 1,387,254
Total liabilities and shareholders' equity 2,358,116 2,288,727
Class A Common Stock [Member]    
MSC Industrial Shareholders’ Equity:    
Common stock 54 55
Class B Common Stock [Member]    
MSC Industrial Shareholders’ Equity:    
Common stock $ 10 $ 10
[1] Net of unamortized debt issuance costs expected to be amortized in the next twelve months.