Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	May 30, 2020	Aug. 31, 2019
Current Assets:
Cash and cash equivalents	$ 353,393	$ 32,286
Accounts receivable, net of allowance for doubtful accounts of $19,959 and $17,088, respectively	544,446	541,091
Inventories	575,093	559,136
Prepaid expenses and other current assets	83,022	67,099
Total current assets	1,555,954	1,199,612
Property, plant and equipment, net	307,150	310,854
Goodwill	676,262	677,266
Identifiable intangibles, net	107,197	116,668
Operating lease assets	58,321
Other assets	4,826	6,837
Total assets	2,709,710	2,311,237
Current Liabilities:
Current portion of debt including obligations under finance leases	310,482	175,453
Current portion of operating lease liabilities	21,888
Accounts payable	126,938	160,110
Accrued expenses and other current liabilities	132,703	111,353
Total current liabilities	592,011	446,916
Long-term debt including obligations under finance leases	667,234	266,431
Noncurrent operating lease liabilities	36,163
Deferred income taxes and tax uncertainties	114,010	114,011
Total liabilities	1,409,418	827,358
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	685,982	659,226
Retained earnings	739,035	946,651
Accumulated other comprehensive loss	(25,582)	(22,776)
Class A treasury stock, at cost, 1,238,443 and 1,248,944 shares, respectively	(104,589)	(104,607)
Total MSC Industrial shareholders’ equity	1,294,903	1,478,550
Noncontrolling interest	5,389	5,329
Total shareholders' equity	1,300,292	1,483,879
Total liabilities and shareholders' equity	2,709,710	2,311,237
Class A Common Stock [Member]
MSC Industrial Shareholders’ Equity:
Common stock	47	46
Class B Common Stock [Member]
MSC Industrial Shareholders’ Equity:
Common stock	$ 10	$ 10