Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Nov. 27, 2021	Aug. 28, 2021
Current Assets:
Cash and cash equivalents	$ 62,875	$ 40,536
Accounts receivable, net of allowance for credit losses of $18,331 and $18,416, respectively	578,654	560,373
Inventories	622,624	624,169
Prepaid expenses and other current assets	84,255	89,167
Total current assets	1,348,408	1,314,245
Property, plant and equipment, net	298,975	298,416
Goodwill	691,867	692,704
Identifiable intangibles, net	98,419	101,854
Operating lease assets	52,824	49,011
Other assets	5,851	5,885
Total assets	2,496,344	2,462,115
Current Liabilities:
Current portion of debt including obligations under finance leases	204,484	202,433
Current portion of operating lease liabilities	13,703	13,927
Accounts payable	177,823	186,330
Accrued expenses and other current liabilities	190,265	159,238
Total current liabilities	586,275	561,928
Long-term debt including obligations under finance leases	558,318	583,616
Noncurrent, Operating lease liabilities	40,447	36,429
Deferred income taxes and tax uncertainties	108,827	108,827
Other noncurrent liabilities	9,443	9,443
Total liabilities	1,303,310	1,300,243
Commitments and Contingencies
Shareholders’ Equity:
Preferred Stock; $0.001 par value; 5,000,000 shares authorized; none issued and outstanding
Additional paid-in capital	756,314	740,867
Retained earnings	556,586	532,315
Accumulated other comprehensive loss	(22,065)	(17,984)
Class A treasury stock, at cost, 1,262,624 and 1,223,644 shares, respectively	(108,138)	(104,384)
Total MSC Industrial shareholders’ equity	1,182,754	1,150,871
Noncontrolling interest	10,280	11,001
Total shareholders' equity	1,193,034	1,161,872
Total liabilities and shareholders' equity	2,496,344	2,462,115
Class A Common Stock [Member]
Shareholders’ Equity:
Common Stock	48	48
Class B Common Stock [Member]
Shareholders’ Equity:
Common Stock	$ 9	$ 9