

	United States Operations		Central American Operations		Caribbean Operations (1)		Colombia Operations		Reconciling Items(2)		Total
Years Ended August 31, 2019
Revenue from external customers	$	68,335	$	1,831,761	$	933,886	$	389,936	$	—	$	3,223,918
Intersegment revenues		1,205,986		11,185		4,507		1,498		(1,223,176)		—
Depreciation, Property and equipment		5,334		24,684		14,052		8,484		—		52,554
Amortization, Intangibles		2,404		—		—		—		—		2,404
Operating income (loss)		3,805		122,629		50,724		14,909		(76,900)		115,167
Interest income from external sources		74		499		568		348		—		1,489
Interest income from intersegment sources		1,408		1,877		724		—		(4,009)		—
Interest expense from external sources		1,377		2,368		(401)		595		—		3,939
Interest expense from intersegment sources		60		1,505		2,132		8		(3,705)		—
Provision for income taxes		11,280		19,429		6,615		236		—		37,560
Net income (loss) attributable to PriceSmart, Inc. (3)		(8,518)		100,614		44,168		14,124		(77,197)		73,191
Long-lived assets (other than deferred tax assets)		65,278		383,665		165,584		115,838		—		730,365
Intangibles, net		12,576		—		—		—		—		12,576
Goodwill		11,315		24,593		10,193		—		—		46,101
Investment in unconsolidated affiliates		—		10,697		—		—		—		10,697
Total assets		161,583		614,579		340,216		180,033		—		1,296,411
Capital expenditures, net		8,439		85,962		28,434		22,832		—		145,667

Years Ended August 31, 2018
Revenue from external customers	$	57,445	$	1,839,810	$	879,423	$	390,024	$	—	$	3,166,702
Intersegment revenues		1,184,530		—		4,472		993		(1,189,995)		—
Depreciation, Property and equipment		7,373		23,391		11,596		9,160		—		51,520
Amortization, Intangibles		1,120		—		—		—		—		1,120
Operating income (loss)		2,016		130,849		48,383		12,086		(67,282)		126,052
Interest income from external sources		25		487		767		136		—		1,415
Interest income from intersegment sources		747		1,245		730		—		(2,722)		—
Interest expense from external sources		1,465		3,210		(353)		750		—		5,072
Interest expense from intersegment sources		16		1,042		1,576		3		(2,637)		—
Provision for income taxes		19,977		20,767		5,624		1,809		—		48,177
Net income (loss) attributable to PriceSmart, Inc. (3)		(19,811)		107,401		44,178		9,917		(67,357)		74,328
Long-lived assets (other than deferred tax assets)		67,650		320,612		150,516		118,284		—		657,062
Intangibles, net		14,980		—		—		—		—		14,980
Goodwill		11,230		24,903		10,196		—		—		46,329
Investment in unconsolidated affiliates		—		10,758		—		—		—		10,758
Total assets		164,008		550,874		318,837		182,673		—		1,216,392
Capital expenditures, net		2,252		50,982		39,379		3,237		—		95,850

Years Ended August 31, 2017
Revenue from external customers	$	34,244	$	1,789,889	$	827,920	$	344,575	$	—	$	2,996,628
Intersegment revenues		1,138,526		—		4,796		110		(1,143,432)		—
Depreciation, Property and equipment		6,653		20,252		10,205		9,182		—		46,292
Amortization, Intangibles		—		—		—		—		—		—
Operating income (loss)		10,436		134,826		47,190		4,932		(61,155)		136,229
Interest income from external sources		13		914		740		142		—		1,809
Interest income from intersegment sources		739		882		546		—		(2,167)		—
Interest expense from external sources		762		4,127		548		1,340		—		6,777
Interest expense from intersegment sources		42		1,106		990		34		(2,172)		—
Provision for income taxes		9,560		23,368		7,654		1,436		—		42,018
Net income (loss) attributable to PriceSmart, Inc.		3,893		107,797		38,403		1,786		(61,155)		90,724
Long-lived assets (other than deferred tax assets)		70,353		296,915		122,616		126,206		—		616,090
Goodwill		—		25,375		10,267		—		—		35,642
Investment in unconsolidated affiliates		—		10,765		—		—		—		10,765
Total assets		147,650		544,683		303,234		181,947		—		1,177,514
Capital expenditures, net		56,229		50,977		26,586		3,232		—		137,024

⁽¹⁾

Management considers its club in the U.S. Virgin Islands to be part of its Caribbean operations.

⁽²⁾

The reconciling items reflect the amount eliminated on consolidation of intersegment transactions.

⁽³⁾

In March 2018, the Company acquired technology, talent and cross-border logistics infrastructure that operated a marketplace and casillero business. Investments in the technology, talent and infrastructure to expand our omni-channel capabilities, together with the operating results from the marketplace and casillero business, negatively impacted Net income attributable to PriceSmart, Inc. $14.5 million for the twelve months ended August 31, 2019. Management considers this business to be part of its United States operations.