XML 34 R23.htm IDEA: XBRL DOCUMENT v3.20.4
Net Income Per Share (Tables)
 3 Months Ended
Nov. 28, 2020
Net Income Per Share [Abstract]  
Basic And Diluted Net Income Per Common Share Under The Two-Class Method

Thirteen Weeks Ended

November 28,

November 30,

2020

2019

Net income attributable to MSC Industrial as reported

$

38,454

$

65,418

Less: Distributed net income available to participating securities

—

(7)

Less: Undistributed net income available to participating securities

—

(5)

Numerator for basic net income per share:

Undistributed and distributed net income available to common shareholders

$

38,454

$

65,406

Add: Undistributed net income allocated to participating securities

—

5

Less: Undistributed net income reallocated to participating securities

—

(5)

Numerator for diluted net income per share:

Undistributed and distributed net income available to common shareholders

$

38,454

$

65,406

Denominator:

Weighted average shares outstanding for basic net income per share

55,659

55,275

Effect of dilutive securities

191

169

Weighted average shares outstanding for diluted net income per share

55,850

55,444

Net income per share:

Basic

$

0.69

$

1.18

Diluted

$

0.69

$

1.18

Potentially dilutive securities

1,332

1,557