Net Income per Share

9 Months Ended

May 31, 2025

Basic net income per share is computed by dividing net income by the weighted-average number of shares of the Company’s Class A Common Stock (“Class A Common Stock”) outstanding during the period. Diluted net income per share is computed by dividing net income by the weighted-average number of shares of Class A Common Stock outstanding during the period, including potentially dilutive shares of Class A Common Stock equivalents outstanding during the period. The dilutive effect of potential shares of Class A Common Stock is determined using the treasury stock method. The following table sets forth the computation of basic and diluted net income per common share under the treasury stock method for the thirteen- and thirty-nine-week periods ended May 31, 2025 and June 1, 2024:


	Thirteen Weeks Ended				Thirty-Nine Weeks Ended
	May 31, 2025		June 1, 2024		May 31, 2025		June 1, 2024
Numerator:
Net income attributable to MSC Industrial, as reported	$	56,845	$	71,705	$	142,782	$	202,902
Denominator:
Weighted-average shares outstanding for basic net income per share	55,694		56,214		55,795		56,323
Effect of dilutive securities	71		137		100		191
Weighted-average shares outstanding for diluted net income per share	55,765		56,351		55,895		56,514
Net income per share:
Basic	$	1.02	$	1.28	$	2.56	$	3.60
Diluted	$	1.02	$	1.27	$	2.55	$	3.59

Potentially dilutive securities	208		16		170		10

Potentially dilutive securities attributable to outstanding share-based awards are excluded from the calculation of diluted net income per share when the combined exercise price and average unamortized fair value are greater than the average market price of Class A Common Stock, and, therefore, their inclusion would be anti-dilutive.