XML 38 R27.htm IDEA: XBRL DOCUMENT v3.25.2
Stock-Based Compensation (Tables)
9 Months Ended
May 31, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock-Based Compensation Expense
The Company accounts for all stock-based payments in accordance with Accounting Standards Codification Topic 718, “Compensation—Stock Compensation,” as amended. Stock-based compensation expense included in Operating expenses for the thirteen- and thirty-nine-week periods ended May 31, 2025 and June 1, 2024 was as follows:
Thirteen Weeks EndedThirty-Nine Weeks Ended
May 31,
2025
June 1,
2024
May 31,
2025
June 1,
2024
Stock-based compensation expense (1)
$3,205 $3,458 $10,397 $13,347 
Deferred income tax benefit(778)(891)(2,537)(3,234)
Stock-based compensation expense, net$2,427 $2,567 $7,860 $10,113 
(1)Includes equity award acceleration costs associated with associate severance and separation, which are included in Restructuring and other costs in the unaudited Condensed Consolidated Statements of Income for the thirteen- and thirty-nine-week periods ended May 31, 2025 and for the thirty-nine-week period ended June 1, 2024. See Note 11, “Restructuring and Other Costs” for additional information.
Schedule of Non-Vested Restricted Stock Unit Award Activity
The following table summarizes the Company’s non-vested RSU and PSU award activity under the MSC Industrial Direct Co., Inc. 2015 Omnibus Incentive Plan (the “2015 Omnibus Incentive Plan”) and the 2023 Omnibus Incentive Plan (the “2023 Omnibus Incentive Plan”) (based on target award amounts for PSUs) for the thirty-nine-week period ended May 31, 2025:
Restricted Stock UnitsPerformance Share Units
SharesWeighted-Average Grant Date Fair Value per ShareSharesWeighted-Average Grant Date Fair Value per Share
Non-vested at August 31, 2024
431$88.29 123$88.31 
Granted23780.72 5280.52 
Vested (161)85.03 (38)84.96 
Canceled/Forfeited(26)86.50 (9)86.44 
Non-vested at May 31, 2025 (1)
481$85.75 128$86.30 

(1)Excludes approximately 32 and 3 shares of accrued incremental dividend equivalent rights on outstanding RSUs and PSUs, respectively, granted under the 2015 Omnibus Incentive Plan and the 2023 Omnibus Incentive Plan.
Schedule of Performance Share Unit Activity
The following table summarizes the Company’s non-vested RSU and PSU award activity under the MSC Industrial Direct Co., Inc. 2015 Omnibus Incentive Plan (the “2015 Omnibus Incentive Plan”) and the 2023 Omnibus Incentive Plan (the “2023 Omnibus Incentive Plan”) (based on target award amounts for PSUs) for the thirty-nine-week period ended May 31, 2025:
Restricted Stock UnitsPerformance Share Units
SharesWeighted-Average Grant Date Fair Value per ShareSharesWeighted-Average Grant Date Fair Value per Share
Non-vested at August 31, 2024
431$88.29 123$88.31 
Granted23780.72 5280.52 
Vested (161)85.03 (38)84.96 
Canceled/Forfeited(26)86.50 (9)86.44 
Non-vested at May 31, 2025 (1)
481$85.75 128$86.30 

(1)Excludes approximately 32 and 3 shares of accrued incremental dividend equivalent rights on outstanding RSUs and PSUs, respectively, granted under the 2015 Omnibus Incentive Plan and the 2023 Omnibus Incentive Plan.