Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Feb. 29, 2020	Aug. 31, 2019
Current Assets:
Cash and cash equivalents	$ 44,867	$ 32,286
Accounts receivable, net of allowance for doubtful accounts of $18,577 and $17,088, respectively	536,902	541,091
Inventories	556,402	559,136
Prepaid expenses and other current assets	74,376	67,099
Total current assets	1,212,547	1,199,612
Property, plant and equipment, net	311,267	310,854
Goodwill	677,039	677,266
Identifiable intangibles, net	110,644	116,668
Operating lease assets	60,064
Other assets	5,472	6,837
Total assets	2,377,033	2,311,237
Current Liabilities:
Current portion of long-term debt including obligations under finance leases	410,360	175,453
Current portion of operating lease liabilities	21,587
Accounts payable	155,304	160,110
Accrued expenses and other current liabilities	107,307	111,353
Total current liabilities	694,558	446,916
Long-term debt including obligations under finance leases	267,533	266,431
Noncurrent operating lease liabilities	38,119
Deferred income taxes and tax uncertainties	114,010	114,011
Total liabilities	1,114,220	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	681,657	659,226
Retained earnings	703,396	946,651
Accumulated other comprehensive loss	(22,053)	(22,776)
Class A treasury stock, at cost, 1,258,157 and 1,248,944 shares, respectively	(105,758)	(104,607)
Total MSC Industrial shareholders’ equity	1,257,299	1,478,550
Noncontrolling interest	5,514	5,329
Total shareholders' equity	1,262,813	1,483,879
Total liabilities and shareholders' equity	2,377,033	2,311,237
Class A Common Stock [Member]
Shareholders’ Equity:
Common stock	47	46
Class B Common Stock [Member]
Shareholders’ Equity:
Common stock	$ 10	$ 10