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Summary Of Quarterly Results (Tables) | 12 Months Ended
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Aug. 31, 2019
Summary Of Quarterly Results [Abstract] |
Summary Of Quarterly Financial Data |
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﻿ | Fiscal Year Ended August 31, 2019 |  | Fiscal Year Ended September 1, 2018
﻿ | First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter(2) |  | First Quarter |  | Second Quarter(1) |  | Third Quarter |  | Fourth Quarter
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﻿ | (Unaudited)
﻿Consolidated Income Statement Data: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Net sales | $ | 831,597 |  | $ | 823,004 |  | $ | 866,546 |  | $ | 842,670 |  | $ | 768,561 |  | $ | 768,987 |  | $ | 828,345 |  | $ | 837,985
﻿Gross profit |  | 357,985 |  |  | 351,814 |  |  | 368,655 |  |  | 353,589 |  |  | 335,069 |  |  | 337,223 |  |  | 361,001 |  |  | 359,668
﻿Income from operations |  | 103,000 |  |  | 95,981 |  |  | 110,501 |  |  | 90,514 |  |  | 99,278 |  |  | 98,103 |  |  | 115,382 |  |  | 107,790
﻿Net income |  | 74,232 |  |  | 68,430 |  |  | 79,514 |  |  | 66,621 |  |  | 59,585 |  |  | 117,552 |  |  | 79,069 |  |  | 73,017
﻿Net income attributable to MSC Industrial |  | 74,232 |  |  | 68,424 |  |  | 79,601 |  |  | 66,608 |  |  | 59,585 |  |  | 117,552 |  |  | 79,069 |  |  | 73,017
﻿Net income per share attributable to MSC Industrial: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Basic |  | 1.34 |  |  | 1.24 |  |  | 1.44 |  |  | 1.21 |  |  | 1.06 |  |  | 2.08 |  |  | 1.40 |  |  | 1.30
﻿Diluted |  | 1.33 |  |  | 1.24 |  |  | 1.44 |  |  | 1.20 |  |  | 1.05 |  |  | 2.06 |  |  | 1.39 |  |  | 1.29
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| (1) |  | In the second quarter of fiscal 2018, the Company recorded a net tax benefit of $41,199 due to the revaluation of its net deferred tax liabilities primarily related to the lower federal corporate tax rate, partially offset by the lower federal benefit for state taxes and the change from a worldwide tax system to a territorial tax system, and a net tax benefit of $16,929 attributable to the lower effective tax rate required to bring our first half into alignment with the expected full-year rate.
| (2) |  | In the fourth quarter of fiscal 2019, the Company recorded $6,725 of severance and separation benefit s charges and other related costs associated with workforce reduction and increased performance management. The net income per share impact from these charges were $0.09 in the fourth quarter of fiscal 2019.
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- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=118952077&loc=d3e1280-108306 + Details
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