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Business And Summary Of Significant Accounting Policies (Tables)
12 Months Ended
Sep. 03, 2022
Business And Summary Of Significant Accounting Policies [Abstract]  
Change In The Carrying Amount Of Goodwill

Balance as of August 29, 2020

$

677,579

Hurst acquisition (1)

9,282

MSC Mexico acquisition (2)

4,753

Foreign currency translation adjustments

1,090

Balance as of August 28, 2021

$

692,704

Engman-Taylor acquisition (3)

6,173

Tower Fasteners acquisition (4)

12,247

Foreign currency translation adjustments

(994)

Balance as of September 3, 2022

$

710,130

(1)In June 2021, the Company acquired a majority ownership interest in Hurst (as defined in Note 5, “Business Combinations”). The Company holds an 80% interest in the business. 

(2)In July 2021, MSC Mexico (as defined in Note 5, “Business Combinations”) acquired additional assets of TAC (as defined in Note 5, “Business Combinations”) in conjunction with the acquisition of its outsourcing and logistics businesses. The Company holds a 75% interest in MSC Mexico.

(3)In June 2022, the Company acquired certain assets and assumed certain liabilities of Engman-Taylor (as defined in Note 5, “Business Combinations”). 

(4)In August 2022, the Company acquired 100% of the outstanding equity of Tower Fasteners (as defined in Note 5, “Business Combinations”). 

Components Of Other Intangible Assets

For the Fiscal Years Ended

  

September 3, 2022

August 28, 2021

Weighted-Average Useful Life (in years)

Gross Carrying Amount

Accumulated Amortization

Gross Carrying Amount

Accumulated Amortization

Customer Relationships

5

-

18

$

243,269

$

(144,300)

$

220,669

$

(133,361)

Non-Compete Agreements

3

966

(280)

766

(21)

Trademarks

1

-

5

4,746

(2,876)

7,567

(6,577)

Trademarks

Indefinite

12,803

12,811

Total

$

261,784

$

(147,456)

$

241,813

$

(139,959)

Schedule Of Estimated Amortization Expense

Fiscal Year

Estimated Amortization Expense

2023

$

13,961

2024

13,547

2025

13,261

2026

13,241

2027

13,022