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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 02, 2024
Sep. 02, 2023
Current Assets:    
Cash and cash equivalents $ 22,227 $ 50,052
Accounts receivable, net of allowance for credit losses of $20,260 and $22,747, respectively 428,699 435,421
Inventories 685,373 726,521
Prepaid expenses and other current assets 128,614 105,519
Total current assets 1,264,913 1,317,513
Property, plant and equipment, net 330,765 319,660
Goodwill 722,101 718,174
Identifiable intangibles, net 106,833 110,641
Operating lease assets 61,943 65,909
Other assets 14,839 12,237
Total assets 2,501,394 2,544,134
Current Liabilities:    
Current portion of debt including obligations under finance leases 257,829 229,935
Current portion of operating lease liabilities 21,686 21,168
Accounts payable 208,111 226,299
Accrued expenses and other current liabilities 142,804 172,034
Total current liabilities 630,430 649,436
Long-term debt including obligations under finance leases 294,474 224,391
Noncurrent operating lease liabilities 41,230 45,924
Deferred income taxes and tax uncertainties 131,761 131,801
Total liabilities 1,097,895 1,051,552
Commitments and Contingencies
MSC Industrial Shareholders’ Equity:    
Preferred Stock; $0.001 par value; 5,000,000 shares authorized; none issued and outstanding 0 0
Additional paid-in capital 1,059,405 849,502
Retained earnings 463,874 755,007
Accumulated other comprehensive loss (17,340) (17,725)
Class A treasury stock, at cost, 1,299,705 and 1,230,960 shares, respectively (115,488) (107,677)
Total MSC Industrial shareholders’ equity 1,390,509 1,479,164
Noncontrolling interest 12,990 13,418
Total shareholders’ equity 1,403,499 1,492,582
Total liabilities and shareholders’ equity 2,501,394 2,544,134
Class A Common Stock    
MSC Industrial Shareholders’ Equity:    
Common stock, value, issued 58 48
Class B Common Stock    
MSC Industrial Shareholders’ Equity:    
Common stock, value, issued $ 0 $ 9