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Net Income Per Share (Tables)
12 Months Ended
Aug. 31, 2019
Net Income Per Share [Abstract]  
Basic And Diluted Net Income Per Common Share Under The Two-Class Method



 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



 

For the Fiscal Years Ended



 

August 31,

 

September 1,

 

September 2,



 

2019

 

2018

 

2017



 

(52 weeks)

 

(52 weeks)

 

(52 weeks)



 

 

 

 

 

 

 

 

 

Net income attributable to MSC Industrial as reported

 

$

288,865 

 

$

329,223 

 

$

231,431 

Less: Distributed net income available to participating securities

 

 

(45)

 

 

(89)

 

 

(206)

Less: Undistributed net income available to participating securities

 

 

(75)

 

 

(291)

 

 

(410)



 

 

 

 

 

 

 

 

 

Numerator for basic net income per share:

 

 

 

 

 

 

 

 

 

Undistributed and distributed net income available to common shareholders         

 

$

288,745 

 

$

328,843 

 

$

230,815 

Add: Undistributed net income allocated to participating securities

 

 

75 

 

 

291 

 

 

410 

Less: Undistributed net income reallocated to participating securities

 

 

(75)

 

 

(290)

 

 

(408)



 

 

 

 

 

 

 

 

 

Numerator for diluted net income per share:

 

 

 

 

 

 

 

 

 

Undistributed and distributed net income available to common shareholders

 

$

288,745 

 

$

328,844 

 

$

230,817 

    

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding for basic net income per share

 

 

55,245 

 

 

56,355 

 

 

56,591 

Effect of dilutive securities

 

 

263 

 

 

352 

 

 

380 

Weighted average shares outstanding for diluted net income per share

 

 

55,508 

 

 

56,707 

 

 

56,971 



 

 

 

 

 

 

 

 

 

Net income per share two-class method:

 

 

 

 

 

 

 

 

 

Basic

 

$

5.23 

 

$

5.84 

 

$

4.08 

Diluted

 

$

5.20 

 

$

5.80 

 

$

4.05 



 

 

 

 

 

 

 

 

 

Potentially dilutive securities

 

 

1,080 

 

 

207 

 

 

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