Consolidated Balance Sheets - USD ($) $ in Thousands	Aug. 28, 2021	Aug. 29, 2020
Current Assets:
Cash and cash equivalents	$ 40,536	$ 125,211
Accounts receivable, net of allowance for credit losses of $18,416 and $18,249, respectively	560,373	491,743
Inventories	624,169	543,106
Prepaid expenses and other current assets	89,167	77,710
Total current assets	1,314,245	1,237,770
Property, plant and equipment, net	298,416	301,979
Goodwill	692,704	677,579
Identifiable intangibles, net	101,854	104,873
Operating lease assets	49,011	56,173
Other assets	5,885	4,056
Total assets	2,462,115	2,382,430
Current Liabilities:
Current portion of debt including obligations under finance leases	202,433	122,248
Current portion of operating lease liabilities	13,927	21,815
Accounts payable	186,330	125,775
Accrued expenses and other current liabilities	159,238	138,895
Total current liabilities	561,928	408,733
Long-term debt including obligations under finance leases	583,616	497,018
Noncurrent operating lease liabilities	36,429	34,379
Deferred income taxes and tax uncertainties	108,827	121,727
Other noncurrent liabilities	9,443
Total liabilities	1,300,243	1,061,857
Commitments and Contingencies
Shareholders’ Equity:
Preferred Stock; $0.001 par value; 5,000,000 shares authorized; none issued and outstanding
Additional paid-in capital	740,867	690,739
Retained earnings	532,315	749,515
Accumulated other comprehensive loss	(17,984)	(21,418)
Class A treasury stock, at cost, 1,223,644 and 1,227,192 shares, respectively	(104,384)	(103,948)
Total MSC Industrial shareholders’ equity	1,150,871	1,314,945
Noncontrolling interest	11,001	5,628
Total shareholders' equity	1,161,872	1,320,573
Total liabilities and shareholders' equity	2,462,115	2,382,430
Class A Common Stock [Member]
Shareholders’ Equity:
Common Stock	48	47
Class B Common Stock [Member]
Shareholders’ Equity:
Common Stock	$ 9	$ 10