v3.26.1
Segment Reporting
 9 Months Ended
May 30, 2026
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
The Company operates in one operating and reportable segment which aligns with the Company’s go to market strategy as a leading North American distributor of a broad range of industrial products and services. The Company serves a large number of customers in diverse industries through the sale of products and services in categories such as metalworking, MRO, Class C Consumables and OEM. Substantially all of the Company's revenues and long-lived assets are from or in the United States. In accordance with FASB ASU 2023-07, operating segments are sections of the business with separate financial information that is regularly reviewed by the chief operating decision maker ("CODM") in assessing company performance and allocation of resources. As of May 30, 2026, the Company's CODM is the President & Chief Executive Officer. The CODM regularly reviews consolidated operating margin and net income to assess Company performance, drive growth, and allocate resources to strategic priorities. The CODM reviews total assets at the consolidated level to make significant capital expenditure decisions for the Company.
The following table presents selected financial information regarding the Company's single reportable segment for the thirteen- and thirty-nine-week periods ended May 30, 2026 and May 31, 2025:
Thirteen Weeks EndedThirty-Nine Weeks Ended
May 30,
2026		May 31,
2025		May 30,
2026		May 31,
2025
Net sales$1,047,083$971,145$2,930,541$2,791,346
  Cost of goods sold616,678573,4061,729,8711,650,190
  Payroll and payroll-related costs173,835175,301519,540522,265
  Freight expense37,70040,879109,112114,150
  Depreciation and amortization24,92622,33374,35566,013
  Restructuring and other costs—2,6807,3246,430
  Other segment items (1)
87,19973,811242,563215,037
Income from operations106,74582,735247,776217,261
Operating Margin10.2%8.5%8.5%7.8%
Other Income (Expense)
  Interest expense(5,383)(6,031)(16,386)(18,332)
  Interest income156 368 561 942 
  Other income (expense), net (2)
2,726 (1,958)(4,175)(12,442)
Income before provision for income taxes104,24475,114227,776187,429
Provision for income taxes25,53918,25355,80545,727
Net income$78,705$56,861$171,971$141,702
(1) Other segment items consists primarily of professional fees, software and hardware costs, auto expenses, advertising expenses, stock-based compensation and other selling, general, and administrative expenses.
(2) Other income (expense), net is primarily composed of fees related to the Company’s securitization agreement. Fiscal year 2026 also includes recognition of $5.1 million of ERC claims.