v3.24.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 01, 2024
Sep. 02, 2023
Current Assets:    
Cash and cash equivalents $ 25,928 $ 50,052
Accounts receivable, net of allowance for credit losses of $21,076 and $22,747, respectively 419,810 435,421
Inventories 665,638 726,521
Prepaid expenses and other current assets 101,472 105,519
Total current assets 1,212,848 1,317,513
Property, plant and equipment, net 344,787 319,660
Goodwill 721,932 718,174
Identifiable intangibles, net 102,854 110,641
Operating lease assets 60,878 65,909
Other assets 24,495 12,237
Total assets 2,467,794 2,544,134
Current Liabilities:    
Current portion of debt including obligations under finance leases 206,335 229,935
Current portion of operating lease liabilities 22,235 21,168
Accounts payable 205,644 226,299
Accrued expenses and other current liabilities 149,298 172,034
Total current liabilities 583,512 649,436
Long-term debt including obligations under finance leases 299,812 224,391
Noncurrent operating lease liabilities 39,532 45,924
Deferred income taxes and tax uncertainties 130,729 131,801
Total liabilities 1,053,585 1,051,552
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 1,063,738 849,502
Retained earnings 470,085 755,007
Accumulated other comprehensive loss (17,553) (17,725)
Class A treasury stock, at cost, 1,286,332 and 1,230,960 shares, respectively (114,711) (107,677)
Total MSC Industrial shareholders’ equity 1,401,616 1,479,164
Noncontrolling interest 12,593 13,418
Total shareholders’ equity 1,414,209 1,492,582
Total liabilities and shareholders’ equity 2,467,794 2,544,134
Class A Common Stock    
MSC Industrial Shareholders’ Equity:    
Common stock, value, issued 57 48
Class B Common Stock    
MSC Industrial Shareholders’ Equity:    
Common stock, value, issued $ 0 $ 9