Consolidated Balance Sheets - USD ($) $ in Thousands	Aug. 29, 2020	Aug. 31, 2019
Current Assets:
Cash and cash equivalents	$ 125,211	$ 32,286
Accounts receivable, net of allowance for doubtful accounts of $18,249 and $17,088, respectively	491,743	541,091
Inventories	543,106	559,136
Prepaid expenses and other current assets	77,710	67,099
Total current assets	1,237,770	1,199,612
Property, plant and equipment, net	301,979	310,854
Goodwill	677,579	677,266
Identifiable intangibles, net	104,873	116,668
Operating lease assets	56,173
Other assets	4,056	6,837
Total assets	2,382,430	2,311,237
Current Liabilities:
Current portion of debt including obligations under finance leases	122,248	175,453
Current portion of operating lease liabilities	21,815
Accounts payable	125,775	160,110
Accrued expenses and other current liabilities	138,895	111,353
Total current liabilities	408,733	446,916
Long-term debt including obligations under finance leases	497,018	266,431
Noncurrent operating lease liabilities	34,379
Deferred income taxes and tax uncertainties	121,727	114,011
Total liabilities	1,061,857	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	690,739	659,226
Retained earnings	749,515	946,651
Accumulated other comprehensive loss	(21,418)	(22,776)
Class A treasury stock, at cost, 1,227,192 and 1,248,944 shares, respectively	(103,948)	(104,607)
Total MSC Industrial shareholders’ equity	1,314,945	1,478,550
Noncontrolling interest	5,628	5,329
Total shareholders' equity	1,320,573	1,483,879
Total liabilities and shareholders' equity	2,382,430	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