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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Feb. 26, 2022
Aug. 28, 2021
Current Assets:    
Cash and cash equivalents $ 41,754 $ 40,536
Accounts receivable, net of allowance for credit losses of $18,480 and $18,416, respectively 619,913 560,373
Inventories 657,710 624,169
Prepaid expenses and other current assets 97,435 89,167
Total current assets 1,416,812 1,314,245
Property, plant and equipment, net 300,232 298,416
Goodwill 692,482 692,704
Identifiable intangibles, net 96,061 101,854
Operating lease assets 51,602 49,011
Other assets 7,726 5,885
Total assets 2,564,915 2,462,115
Current Liabilities:    
Current portion of debt including obligations under finance leases 251,269 202,433
Current portion of operating lease liabilities 13,417 13,927
Accounts payable 191,436 186,330
Accrued expenses and other current liabilities 141,049 159,238
Total current liabilities 597,171 561,928
Long-term debt including obligations under finance leases 584,182 583,616
Noncurrent, Operating lease liabilities 39,410 36,429
Deferred income taxes and tax uncertainties 108,851 108,827
Other noncurrent liabilities   9,443
Total liabilities 1,329,614 1,300,243
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 766,156 740,867
Retained earnings 584,283 532,315
Accumulated other comprehensive loss (19,121) (17,984)
Class A treasury stock, at cost, 1,250,390 and 1,223,644 shares, respectively (107,401) (104,384)
Total MSC Industrial shareholders’ equity 1,223,974 1,150,871
Noncontrolling interest 11,327 11,001
Total shareholders' equity 1,235,301 1,161,872
Total liabilities and shareholders' equity 2,564,915 2,462,115
Class A Common Stock [Member]    
MSC Industrial Shareholders’ Equity:    
Common Stock 48 48
Class B Common Stock [Member]    
MSC Industrial Shareholders’ Equity:    
Common Stock $ 9 $ 9