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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Nov. 30, 2019
Aug. 31, 2019
Current Assets:    
Cash and cash equivalents $ 27,778 $ 32,286
Accounts receivable, net of allowance for doubtful accounts of $17,879 and $17,088, respectively 536,878 541,091
Inventories 539,433 559,136
Prepaid expenses and other current assets 66,731 67,099
Total current assets 1,170,820 1,199,612
Property, plant and equipment, net 312,317 310,854
Goodwill 677,325 677,266
Identifiable intangibles, net 113,740 116,668
Operating lease assets 59,385  
Other assets 6,178 6,837
Total assets 2,339,765 2,311,237
Current Liabilities:    
Current portion of long-term debt including obligations under finance leases 138,877 175,453
Current portion of operating lease liabilities 21,039  
Accounts payable 142,733 160,110
Accrued expenses and other current liabilities 101,179 111,353
Total current liabilities 403,828 446,916
Long-term debt including obligations under finance leases 267,583 266,431
Noncurrent operating lease liabilities 37,977  
Deferred income taxes and tax uncertainties 114,011 114,011
Total liabilities 823,399 827,358
Commitments and Contingencies
Shareholders’ Equity:    
Preferred stock; $0.001 par value; 5,000,000 shares authorized; none issued and outstanding
Additional paid-in capital 668,668 659,226
Retained earnings 970,139 946,651
Accumulated other comprehensive loss (21,310) (22,776)
Class A treasury stock, at cost, 1,274,580 and 1,248,944 shares, respectively (106,690) (104,607)
Total MSC Industrial shareholders’ equity 1,510,863 1,478,550
Noncontrolling interest 5,503 5,329
Total shareholders' equity 1,516,366 1,483,879
Total liabilities and shareholders' equity 2,339,765 2,311,237
Class A Common Stock [Member]    
Shareholders’ Equity:    
Common stock 46 46
Class B Common Stock [Member]    
Shareholders’ Equity:    
Common stock $ 10 $ 10