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v3.20.2

Consolidated Statements Of Shareholders' Equity - USD ($) $ in Thousands | Class A Common Stock [Member] Common Stock [Member] | Class A Common Stock [Member] Additional Paid-In-Capital [Member] | Class A Common Stock [Member] Retained Earnings [Member] | Class A Common Stock [Member] Treasury Stock [Member] | Class A Common Stock [Member] | Class B Common Stock [Member] Common Stock [Member] | Class B Common Stock [Member] Retained Earnings [Member] | Class B Common Stock [Member] | Additional Paid-In-Capital [Member] | Retained Earnings [Member] | Accumulated Other Comprehensive Loss [Member] | Treasury Stock [Member] | Total Shareholders' Equity Attributable to MSC Industrial [Member] | Noncontrolling Interest [Member] | Total
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Balance, Value at Sep. 02, 2017 | $ 54 |  |  |  |  | $ 12 |  |  | $ 626,995 | $ 1,168,812 | $ (17,263) | $ (553,470) |  |  |
Foreign Currency Translation Adjustment |  |  |  |  |  |  |  |  |  |  | (2,371) |  |  |  | $ (2,371)
Net Income |  |  |  |  |  |  |  |  |  | 329,223 |  |  |  |  | 329,223
Associate Incentive Plans |  |  |  |  |  |  |  |  | 41,706 |  |  | 2,154 |  |  |
Repurchase and retirement of Class A common stock, Value | (1) | $ (10,952) | $ (45,984) |  |  |  |  |  |  |  |  |  |  |  |
Repurchase of Class A common stock, Value |  |  |  | $ (25,432) |  |  |  |  |  |  |  |  |  |  |
Exchange of Class B common stock for Class A common stock, value | 2 |  |  |  |  | (2) |  |  |  |  |  |  |  |  |
Cash dividends declared on common stock |  |  | (101,000) |  |  |  | $ (24,430) |  |  |  |  |  |  |  |
Dividend equivalents declared, net of cancellations |  |  |  |  |  |  |  |  |  | (799) |  |  |  |  |
Balance, Value at Sep. 01, 2018 | 55 |  |  |  |  | 10 |  |  | 657,749 | 1,325,822 | (19,634) | (576,748) | $ 1,387,254 |  | 1,387,254
Dividends declared per common share |  |  |  |  | $ 2.22 |  |  | $ 2.22 |  |  |  |  |  |  |
Issuance of Noncontrolling Interest in MSC Mexico |  |  |  |  |  |  |  |  |  |  |  |  |  | $ 4,637 |
Capital Contributions |  |  |  |  |  |  |  |  |  |  |  |  |  | 1,022 |
Foreign Currency Translation Adjustment |  |  |  |  |  |  |  |  |  |  | (3,142) |  |  | (262) | (3,404)
Net Income |  |  |  |  |  |  |  |  |  | 288,865 |  |  |  | (68) | 288,865
Associate Incentive Plans |  |  |  |  |  |  |  |  | 34,138 |  |  | 2,813 |  |  |
Repurchase and retirement of Class A common stock, Value | (1) | $ (11,887) | (48,439) |  |  |  |  |  |  |  |  |  |  |  | (493,612)
Repurchase of Class A common stock, Value |  |  |  | (24,284) |  |  |  |  |  |  |  |  |  |  | (84,611)
Retirement of treasury stock, Value | (8) |  |  |  |  |  |  |  | (20,774) | (472,830) |  | 493,612 |  |  |
Cash dividends declared on common stock |  |  | (118,798) |  |  |  | (26,911) |  |  |  |  |  |  |  |
Dividend equivalents declared, net of cancellations |  |  |  |  |  |  |  |  |  | (1,058) |  |  |  |  |
Balance, Value at Aug. 31, 2019 | 46 |  |  |  |  | 10 |  |  | 659,226 | 946,651 | (22,776) | (104,607) | 1,478,550 | 5,329 | 1,483,879
Dividends declared per common share |  |  |  |  | 2.64 |  |  | 2.64 |  |  |  |  |  |  |
Foreign Currency Translation Adjustment |  |  |  |  |  |  |  |  |  |  | 1,358 |  |  | (342) | 1,016
Net Income |  |  |  |  |  |  |  |  |  | 251,117 |  |  |  | 641 | 251,117
Associate Incentive Plans | 1 |  |  |  |  |  |  |  | 31,513 |  |  | 4,103 |  |  |
Repurchase of Class A common stock, Value |  |  |  | $ (3,444) |  |  |  |  |  |  |  |  |  |  |
Cash dividends declared on common stock |  |  | $ (363,242) |  |  |  | $ (80,929) |  |  |  |  |  |  |  |
Dividend equivalents declared, net of cancellations |  |  |  |  |  |  |  |  |  | (4,082) |  |  |  |  |
Balance, Value at Aug. 29, 2020 | $ 47 |  |  |  |  | $ 10 |  |  | $ 690,739 | $ 749,515 | $ (21,418) | $ (103,948) | $ 1,314,945 | $ 5,628 | $ 1,320,573
Dividends declared per common share |  |  |  |  | $ 8.00 |  |  | $ 8.00 |  |  |  |  |  |  |

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