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Net Income Per Share (Tables)
12 Months Ended
Aug. 29, 2020
Net Income Per Share [Abstract]  
Basic And Diluted Net Income Per Common Share Under The Two-Class Method

For the Fiscal Years Ended

August 29,

August 31,

September 1,

2020

2019

2018

(52 weeks)

(52 weeks)

(52 weeks)

Net income attributable to MSC Industrial as reported

$

251,117

$

288,865

$

329,223

Less: Distributed net income available to participating securities

(45)

(89)

Less: Undistributed net income available to participating securities

(75)

(291)

Numerator for basic net income per share:

Undistributed and distributed net income available to common shareholders

$

251,117

$

288,745

$

328,843

Add: Undistributed net income allocated to participating securities

75

291

Less: Undistributed net income reallocated to participating securities

(75)

(290)

Numerator for diluted net income per share:

Undistributed and distributed net income available to common shareholders

$

251,117

$

288,745

$

328,844

Denominator:

Weighted average shares outstanding for basic net income per share

55,472

55,245

56,355

Effect of dilutive securities

171

263

352

Weighted average shares outstanding for diluted net income per share

55,643

55,508

56,707

Net income per share:

Basic

$

4.53

$

5.23

$

5.84

Diluted

$

4.51

$

5.20

$

5.80

Potentially dilutive securities

1,393

1,080

207