CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Aug. 31, 2019	Aug. 31, 2018
Current Assets:
Cash and cash equivalents	$ 102,653	$ 93,460
Short-term restricted cash	54	405
Short-term investments	17,045	32,304
Receivables, net of allowance for doubtful accounts of $144 as of August 31, 2019 and $97 as of August 31, 2018, respectively	9,872	8,859
Merchandise inventories	331,273	321,025
Prepaid expenses and other current assets (includes $2,736 and $0 as of August 31, 2019 and August 31, 2018, respectively, for the fair value of derivative instruments)	30,999	31,800
Total current assets	491,896	487,853
Long-term restricted cash	3,529	3,049
Property and equipment, net	671,151	594,403
Goodwill	46,101	46,329
Other intangibles, net	12,576	14,980
Deferred tax assets	15,474	10,166
Other non-current assets (includes $0 and $4,364 as of August 31, 2019 and August 31, 2018, respectively, for the fair value of derivative instruments)	44,987	48,854
Investment in unconsolidated affiliates	10,697	10,758
Total Assets	1,296,411	1,216,392
Current Liabilities:
Short-term borrowings	7,540
Accounts payable	286,219	255,739
Accrued salaries and benefits	25,401	22,836
Deferred income	25,340	23,018
Income taxes payable	4,637	4,636
Other accrued expenses	32,442	28,281
Long-term debt, current portion	25,875	14,855
Total current liabilities	407,454	349,365
Deferred tax liability	2,015	1,894
Long-term portion of deferred rent	11,198	8,885
Long-term income taxes payable, net of current portion	5,069	4,622
Long-term debt, net of current portion	63,711	87,720
Other long-term liabilities (includes $2,910 and $502 for the fair value of derivative instruments and $5,421 and $4,715 for post-employment plans as of August 31, 2019 and August 31, 2018, respectively)	8,685	5,268
Total Liabilities	498,132	457,754
Stockholders' Equity:
Common stock, $0.0001 par value, 45,000,000 shares authorized; 31,461,359 and 31,372,752 shares issued and 30,538,788 and 30,460,353 shares outstanding (net of treasury shares) as of August 31, 2019 and August 31, 2018, respectively	3	3
Additional paid-in capital	443,084	432,882
Tax benefit from stock-based compensation	11,486	11,486
Accumulated other comprehensive loss	(144,339)	(121,216)
Retained earnings	525,804	473,954
Less: treasury stock at cost, 924,332 shares as of August 31, 2019 and 912,399 shares as of August 31, 2018	(38,687)	(39,107)
Total stockholders' equity attributable to PriceSmart, Inc. stockholders	797,351	758,002
Noncontrolling interest in consolidated subsidiaries	928	636
Total stockholders' equity	798,279	758,638
Total Liabilities and Equity	$ 1,296,411	$ 1,216,392