Shareholders' Equity |
3 Months Ended |
|---|---|
Nov. 29, 2025 | |
| Stockholders' Equity Note [Abstract] | |
| Shareholders' Equity | Shareholders’ Equity Common Stock Repurchases and Treasury Stock In June 2021, the Board of Directors of the Company (the “Board”) terminated the existing share repurchase plan and authorized a new share repurchase plan (the “Share Repurchase Plan”) to purchase up to 5,000 shares of Class A Common Stock. There is no expiration date for the Share Repurchase Plan. As of November 29, 2025, the maximum number of shares of Class A Common Stock that were available for repurchase under the Share Repurchase Plan was 1,313 shares. The Share Repurchase Plan allows the Company to repurchase shares at any time and in any increments it deems appropriate in accordance with Rule 10b-18 under the Exchange Act. During the thirteen-week period ended November 29, 2025, the Company repurchased 151 shares of Class A Common stock for $12,959. From this total, 51 shares were repurchased by the Company to satisfy the Company’s associates’ tax withholding liability associated with its stock-based compensation program and are reflected at cost as treasury stock in the unaudited Condensed Consolidated Financial Statements for the thirteen-week period ended November 29, 2025 and the remainder were immediately retired. During the thirteen-week period ended November 30, 2024, the Company repurchased 219 shares of Class A Common Stock for $18,072. From this total, 70 shares were repurchased by the Company to satisfy the Company’s associates’ tax withholding liability associated with its stock-based compensation program and are reflected at cost as treasury stock in the unaudited Condensed Consolidated Financial Statements for the thirteen-week period ended November 30, 2024 and the remainder were immediately retired. As of November 29, 2025 and August 30, 2025, the Company also recorded accruals for excise tax on share repurchases of $71, which was included in Accrued expenses and other current liabilities in the unaudited Condensed Consolidated Balance Sheets. The Company reissued 12 and 14 shares of treasury stock during the thirteen-week periods ended November 29, 2025 and November 30, 2024, respectively, to fund the MSC Industrial Direct Co., Inc. Amended and Restated Associate Stock Purchase Plan. Dividends on Common Stock The Company paid aggregate regular cash dividends of $0.87 per share totaling $48,626 for the thirteen-week period ended November 29, 2025. For the thirteen-week period ended November 30, 2024, the Company paid aggregate regular cash dividends of $0.85 per share totaling $47,537. On December 18, 2025, the Board declared a regular cash dividend of $0.87 per share, payable on January 28, 2026, to shareholders of record at the close of business on January 14, 2026. The dividend is expected to result in aggregate payments of $48,549 based on the number of shares outstanding on December 19, 2025. |