CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	May 31, 2021	Aug. 31, 2020
Current Assets:
Cash and cash equivalents	$ 190,687	$ 299,481
Short-term restricted cash	781	185
Short-term investments	67,068	46,509
Receivables, net of allowance for doubtful accounts of $166 as of May 31, 2021 and $147 as of August 31, 2020, respectively	12,221	13,153
Merchandise inventories	336,645	309,509
Prepaid expenses and other current assets	31,812	30,165
Total current assets	639,214	699,002
Long-term restricted cash	6,972	4,105
Property and equipment, net	716,337	692,279
Operating lease right-of-use assets, net	125,998	119,533
Goodwill	45,142	45,206
Other intangibles, net	8,368	10,166
Deferred tax assets	22,872	21,672
Other non-current assets (includes $1,160 and $872 as of May 31, 2021 and August 31, 2020, respectively, for the fair value of derivative instruments)	56,483	54,260
Investment in unconsolidated affiliates	10,569	10,602
Total Assets	1,631,955	1,656,825
Current Liabilities:
Short-term borrowings		65,143
Accounts payable	341,007	373,172
Accrued salaries and benefits	37,240	32,946
Deferred income	27,255	23,525
Income taxes payable	9,740	7,727
Other accrued expenses and other current liabilities	27,959	37,731
Operating lease liabilities, current portion	8,486	8,594
Dividends payable	10,755
Long-term debt, current portion	20,554	19,437
Total current liabilities	482,996	568,275
Deferred tax liability	1,759	1,713
Long-term income taxes payable, net of current portion	3,947	5,132
Long-term operating lease liabilities	131,510	124,181
Long-term debt, net of current portion	101,294	112,610
Other long-term liabilities (includes $3,154 and $4,685 for the fair value of derivative instruments and $6,665 and $6,155 for post-employment plans as of May 31, 2021 and August 31, 2020, respectively)	10,665	12,182
Total Liabilities	732,171	824,093
Stockholders' Equity:
Common stock $0.0001 par value, 45,000,000 shares authorized; 31,456,121 and 31,417,576 shares issued and 30,777,829 and 30,670,712 shares outstanding (net of treasury shares) as of May 31, 2021 and August 31, 2020, respectively	3	3
Additional paid-in capital	459,812	454,455
Accumulated other comprehensive loss	(177,368)	(176,820)
Retained earnings	639,472	582,487
Less: treasury stock at cost, 678,292 shares as of May 31, 2021 and 746,864 shares as of August 31, 2020	(23,116)	(28,406)
Total stockholders' equity attributable to PriceSmart, Inc. stockholders	898,803	831,719
Noncontrolling interest in consolidated subsidiaries	981	1,013
Total Stockholders' Equity	899,784	832,732
Total Liabilities and Equity	$ 1,631,955	$ 1,656,825