XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
May 28, 2022
Aug. 28, 2021
Current Assets:    
Cash and cash equivalents $ 28,847 $ 40,536
Accounts receivable, net of allowance for credit losses of $18,561 and $18,416, respectively 667,019 560,373
Inventories 679,516 624,169
Prepaid expenses and other current assets 92,178 89,167
Total current assets 1,467,560 1,314,245
Property, plant and equipment, net 299,143 298,416
Goodwill 692,668 692,704
Identifiable intangibles, net 93,422 101,854
Operating lease assets 58,854 49,011
Other assets 7,671 5,885
Total assets 2,619,318 2,462,115
Current Liabilities:    
Current portion of debt including obligations under finance leases 250,904 202,433
Current portion of operating lease liabilities 16,464 13,927
Accounts payable 199,477 186,330
Accrued expenses and other current liabilities 152,961 159,238
Total current liabilities 619,806 561,928
Long-term debt including obligations under finance leases 539,050 583,616
Noncurrent operating lease liabilities 43,648 36,429
Deferred income taxes and tax uncertainties 108,849 108,827
Other noncurrent liabilities   9,443
Total liabilities 1,311,353 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 780,311 740,867
Retained earnings 641,444 532,315
Accumulated other comprehensive loss (19,032) (17,984)
Class A treasury stock, at cost, 1,237,250 and 1,223,644 shares, respectively (106,655) (104,384)
Total MSC Industrial shareholders’ equity 1,296,125 1,150,871
Noncontrolling interest 11,840 11,001
Total shareholders' equity 1,307,965 1,161,872
Total liabilities and shareholders' equity 2,619,318 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