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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 03, 2023
Sep. 03, 2022
Current Assets:    
Cash and cash equivalents $ 58,428 $ 43,537
Accounts receivable, net of allowance for credit losses of $21,968 and $20,771, respectively 438,555 687,608
Inventories 726,863 715,625
Prepaid expenses and other current assets 92,371 96,853
Total current assets 1,316,217 1,543,623
Property, plant and equipment, net 307,123 286,666
Goodwill 718,304 710,130
Identifiable intangibles, net 114,262 114,328
Operating lease assets 60,091 64,780
Other assets 10,682 9,887
Total assets 2,526,679 2,729,414
Current Liabilities:    
Current portion of debt including obligations under finance leases 290,281 325,680
Current portion of operating lease liabilities 18,573 18,560
Accounts payable 209,859 217,378
Accrued expenses and other current liabilities 164,762 164,326
Total current liabilities 683,475 725,944
Long-term debt including obligations under finance leases 174,017 468,912
Noncurrent operating lease liabilities 42,898 47,616
Deferred income taxes and tax uncertainties 123,743 124,659
Total liabilities 1,024,133 1,367,131
Commitments and Contingencies
MSC Industrial Shareholders’ Equity:    
Preferred Stock; $0.001 par value; 5,000,000 shares authorized; none issued and outstanding 0 0
Additional paid-in capital 839,106 798,408
Retained earnings 776,365 681,292
Accumulated other comprehensive loss (18,233) (23,121)
Class A treasury stock, at cost, 1,238,805 and 1,228,472 shares, respectively (108,036) (106,202)
Total MSC Industrial shareholders’ equity 1,489,260 1,350,434
Noncontrolling interest 13,286 11,849
Total shareholders’ equity 1,502,546 1,362,283
Total liabilities and shareholders’ equity 2,526,679 2,729,414
Class A Common Stock    
MSC Industrial Shareholders’ Equity:    
Common stock, value, issued 49 48
Class B Common Stock    
MSC Industrial Shareholders’ Equity:    
Common stock, value, issued $ 9 $ 9