Basic net income per share is computed by dividing net income by the weighted-average number of shares of the Class A Common Stock, and the Company’s Class B Common Stock, par value $0.001 per share (“Class B Common Stock” and, together with Class A Common Stock, “Common Stock”), outstanding during the period. In the first quarter of fiscal year 2024, all Class B Common Stock was reclassified, exchanged and converted into Class A Common Stock in connection with the Reclassification (as defined below). See Note 13, “Shareholders’ Equity” for additional information. Diluted net income per share is computed by dividing net income by the weighted-average number of shares of Common Stock outstanding during the period, including potentially dilutive shares of Common Stock equivalents outstanding during the period. The dilutive effect of potential shares of 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 fiscal years 2026, 2025 and 2024:


	For the Fiscal Years Ended
	August 29, 2026		August 30, 2025		August 31, 2024
	(52 weeks)		(52 weeks)		(52 weeks)

Numerator:
Net income attributable to MSC Industrial, as reported	$	222,589	$	199,328	$	258,594

Denominator:
Weighted-average shares outstanding for basic net income per share	55,825		55,781		56,257
Effect of dilutive securities	165		113		184
Weighted-average shares outstanding for diluted net income per share	55,990		55,894		56,441
Net income per share:
Basic	$	3.99	$	3.57	$	4.60
Diluted	$	3.98	$	3.57	$	4.58

Potentially dilutive securities	—		128		37

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.