MSC INDUSTRIAL DIRECT CO INC (MSM) [Rocket]

In millions, except per share items	Aug-28-21	Aug-29-20	Aug-31-19	Sep-01-18	Sep-02-17	Sep-03-16	Aug-29-15	Aug-30-14
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Net sales	3,243.2	3,192.4	3,363.8	3,203.9	2,887.7	2,863.5	2,910.4	2,787.1
Net sales growth	1.6%	-5.1%	5.0%	10.9%	0.8%	-1.6%	4.4%	13.4%
Cost of goods sold	1,909.7	1,849.1	1,931.8	1,810.9	1,601.5	1,574.6	1,593.8	1,500.9
Gross profit	1,333.5	1,343.3	1,432.0	1,393.0	1,286.2	1,288.9	1,316.6	1,286.3
Gross margin	41.1%	42.1%	42.6%	43.5%	44.5%	45.0%	45.2%	46.1%
Operating expenses				972.4	907.2	912.9	937.0	903.1

Restructuring and other costs
Income from operations	275.0	317.8	366.3	420.6	379.0	376.0	379.5	383.2
Operating margin	8.5%	10.0%	10.9%	13.1%	13.1%	13.1%	13.0%	13.7%

Other income (expense):
Interest expense				-14.5	-12.4	-5.8	-6.3	-3.9
Interest income				0.6	0.7	0.7	0.8	0.4
Other (expense) income, net				-0.5	0.7	0.9	-0.8	-0.2
Total other expense	-13.4	-16.5	-16.9	-14.4	-11.0	-4.2	-6.4	-3.7
Provision for income taxes	70.4	82.5	94.3	77.0	136.6	140.5	141.8	143.5
Net income				329.2	231.4
Net income attributable to MSC Industrial	216.9	251.1	288.9	329.2	231.4	231.2	231.3	236.1

Net income per common share:
Basic (in usd per share)	$3.89	$4.53	$5.23	$5.84	$4.08	$3.78	$3.75	$3.78
Diluted (in usd per share)	$3.87	$4.51	$5.20	$5.80	$4.05	$3.77	$3.74	$3.76

Weighted-average shares used in computing net income per common share:
Basic (in shares)	55.7	55.5	55.2	56.4	56.6	60.9	61.3	62.0
Diluted (in shares)	56.1	55.6	55.5	56.7	57.0	61.1	61.5	62.3