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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 03, 2022
Aug. 28, 2021
Current Assets:    
Cash and cash equivalents $ 43,537 $ 40,536
Accounts receivable, net of allowance for credit losses of $20,771 and $18,416, respectively 687,608 560,373
Inventories 715,625 624,169
Prepaid expenses and other current assets 96,853 89,167
Total current assets 1,543,623 1,314,245
Property, plant and equipment, net 286,666 298,416
Goodwill 710,130 692,704
Identifiable intangibles, net 114,328 101,854
Operating lease assets 64,780 49,011
Other assets 9,887 5,885
Total assets 2,729,414 2,462,115
Current Liabilities:    
Current portion of debt including obligations under finance leases 325,680 202,433
Current portion of operating lease liabilities 18,560 13,927
Accounts payable 217,378 186,330
Accrued expenses and other current liabilities 164,326 159,238
Total current liabilities 725,944 561,928
Long-term debt including obligations under finance leases 468,912 583,616
Noncurrent operating lease liabilities 47,616 36,429
Deferred income taxes and tax uncertainties 124,659 108,827
Other noncurrent liabilities   9,443
Total liabilities 1,367,131 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 798,408 740,867
Retained earnings 681,292 532,315
Accumulated other comprehensive loss (23,121) (17,984)
Class A treasury stock, at cost, 1,228,472 and 1,223,644 shares, respectively (106,202) (104,384)
Total MSC Industrial shareholders’ equity 1,350,434 1,150,871
Noncontrolling interest 11,849 11,001
Total shareholders' equity 1,362,283 1,161,872
Total liabilities and shareholders' equity 2,729,414 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