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Business And Summary Of Significant Accounting Policies (Tables)
12 Months Ended
Aug. 31, 2019
Business And Summary Of Significant Accounting Policies [Abstract]  
Change In The Carrying Amount Of Goodwill





 

 

 

Balance as of September 2, 2017

 

$

633,728 

AIS Acquisition(1)

 

 

41,939 

Post-closing working capital adjustment from acquisition of DECO Tool Supply Co.

 

 

738 

Foreign currency translation adjustments

 

 

(1,407)

Balance as of September 1, 2018

 

$

674,998 

TAC acquisition(2)

 

 

2,872 

Foreign currency translation adjustments

 

 

(604)

Balance as of August 31, 2019

 

$

677,266 



(1)

Acquired All Integrated Solutions, Inc. (“AIS”) in April 2018, including post-closing working capital adjustment of $1,155.

(2)

Two subsidiaries of the Company, MSC IndustrialSupply, S. de R.L. de C.V. and MSC Import Export LLC (together, “MSC Mexico”), completed the acquisition of certain assets of TAC Insumos Industriales, S. de R.L. de C.V. and certain of its affiliates (together, “TAC”) in February 2019, including post-closing working capital adjustment of $2,286.   The Company holds a 75% interest in each of the MSC Mexico entities



Components Of Other Intangible Assets



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

For the Fiscal Years Ended

  

 

 

 

 

 

August 31, 2019

 

September 1, 2018



 

Weighted Average Useful Life (in years)

 

Gross Carrying Amount

 

Accumulated Amortization

 

Gross Carrying Amount

 

Accumulated Amortization

Customer Relationships

 

-

18

 

$

214,460 

 

$

(113,319)

 

$

208,260 

 

$

(101,916)

Contract Rights

 

 

10

 

 

 

 —

 

 

 —

 

 

23,100 

 

 

(23,100)

Trademarks

 

-

5

 

 

7,691 

 

 

(5,130)

 

 

6,630 

 

 

(4,384)

Trademarks

 

Indefinite

 

 

12,966 

 

 

 —

 

 

14,134 

 

 

 —

Total

 

 

 

 

 

$

235,117 

 

$

(118,449)

 

$

252,124 

 

$

(129,400)



Schedule Of Estimated Amortization Expense



 

 



 

 

Fiscal Year

 

 

2020

 

$11,528 

2021

 

10,645 

2022

 

10,224 

2023

 

10,080 

2024

 

9,768