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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 01, 2019
Sep. 01, 2018
Current Assets:    
Cash and cash equivalents $ 38,771 $ 46,217
Accounts receivable, net of allowance for doubtful accounts of $17,945 and $12,992, respectively 546,486 523,892
Inventories 560,800 518,496
Prepaid expenses and other current assets 69,715 58,902
Total current assets 1,215,772 1,147,507
Property, plant and equipment, net 306,564 311,685
Goodwill 676,845 674,998
Identifiable intangibles, net 119,778 122,724
Other assets 5,389 31,813
Total assets 2,324,348 2,288,727
Current Liabilities:    
Short-term debt [1] 246,298 224,097
Accounts payable 146,815 145,133
Accrued liabilities 92,955 121,293
Total current liabilities 486,068 490,523
Long-term debt 284,691 311,236
Deferred income taxes and tax uncertainties 99,714 99,714
Total liabilities 870,473 901,473
Commitments and Contingencies
MSC Industrial Shareholders’ Equity:    
Preferred stock; $0.001 par value; 5,000,000 shares authorized; none issued and outstanding
Additional paid-in capital 675,674 657,749
Retained earnings 1,394,551 1,325,822
Accumulated other comprehensive loss (22,730) (19,634)
Class A treasury stock, at cost, 9,476,509 and 9,207,635 shares, respectively (599,116) (576,748)
Total MSC Industrial shareholders’ equity 1,448,443 1,387,254
Noncontrolling interest 5,432  
Total Equity 1,453,875 1,387,254
Total liabilities and shareholders' equity 2,324,348 2,288,727
Class A Common Stock [Member]    
MSC Industrial Shareholders’ Equity:    
Common stock 54 55
Class B Common Stock [Member]    
MSC Industrial Shareholders’ Equity:    
Common stock $ 10 $ 10
[1] Net of unamortized debt issuance costs expected to be amortized in the next twelve months.