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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 02, 2023
Sep. 02, 2023
Current Assets:    
Cash and cash equivalents $ 25,805 $ 50,052
Accounts receivable, net of allowance for credit losses of $20,271 and $22,747, respectively 414,280 435,421
Inventories 709,362 726,521
Prepaid expenses and other current assets 121,519 105,519
Total current assets 1,270,966 1,317,513
Property, plant and equipment, net 322,091 319,660
Goodwill 718,318 718,174
Identifiable intangibles, net 106,890 110,641
Operating lease assets 61,076 65,909
Other assets 14,383 12,237
Total assets 2,493,724 2,544,134
Current Liabilities:    
Current portion of debt including obligations under finance leases 244,048 229,935
Current portion of operating lease liabilities 20,694 21,168
Accounts payable 188,976 226,299
Accrued expenses and other current liabilities 174,140 172,034
Total current liabilities 627,858 649,436
Long-term debt including obligations under finance leases 294,430 224,391
Noncurrent operating lease liabilities 41,410 45,924
Deferred income taxes and tax uncertainties 131,801 131,801
Total liabilities 1,095,499 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 1,052,729 849,502
Retained earnings 464,962 755,007
Accumulated other comprehensive loss (17,277) (17,725)
Class A treasury stock, at cost, 1,304,313 and 1,230,960 shares, respectively (115,399) (107,677)
Total MSC Industrial shareholders’ equity 1,385,073 1,479,164
Noncontrolling interest 13,152 13,418
Total shareholders’ equity 1,398,225 1,492,582
Total liabilities and shareholders’ equity 2,493,724 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