SEGMENTS (Tables)

9 Months Ended

May 31, 2022

Summary of Segment Revenues, Operating Costs and Balance Sheet Items



	United ‎States ‎Operations		Central ‎American ‎Operations		Caribbean ‎Operations⁽¹⁾		Colombia Operations		Reconciling ‎Items⁽²⁾		Total
Three Months Ended May 31, 2022
Revenue from external customers	$	13,396	$	599,132	$	294,785	$	123,497	$	—	$	1,030,810
Intersegment revenues		351,404		6,223		1,706		1,388		(360,721)		—
Depreciation, Property and equipment		1,355		8,688		4,408		2,718		—		17,169
Amortization, Intangibles		388		—		—		—		—		388
Operating income (loss)		2,821		39,458		19,163		4,652		(32,332)		33,762
Net income (loss) attributable to PriceSmart, Inc.		(442)		34,011		14,903		3,118		(32,332)		19,258
Capital expenditures, net		197		11,851		10,695		8,439		—		31,182

Nine Months Ended May 31, 2022
Revenue from external customers	$	36,102	$	1,785,017	$	860,953	$	362,651	$	—	$	3,044,723
Intersegment revenues		1,138,283		16,251		4,483		2,989		(1,162,006)		—
Depreciation, Property and equipment		3,361		25,586		12,449		7,638		—		49,034
Amortization, Intangibles		1,224		—		—		—		—		1,224
Operating income (loss)		17,377		128,889		60,796		17,154		(96,115)		128,101
Net income (loss) attributable to PriceSmart, Inc.		6,106		108,661		48,977		13,620		(96,134)		81,230
Long-lived assets (other than deferred tax assets)		70,322		494,086		218,365		186,630		—		969,403
Intangibles, net		1,153		—		—		—		—		1,153
Goodwill		8,982		24,316		10,049		—		—		43,347
Total assets		201,571		844,844		478,008		267,340		—		1,791,763
Capital expenditures, net		3,404		37,902		32,742		24,524		—		98,572

Three Months Ended May 31, 2021
Revenue from external customers	$	21,237	$	531,595	$	243,468	$	98,964	$	—	$	895,264
Intersegment revenues		309,261		4,305		1,228		434		(315,228)		—
Depreciation, Property and equipment		1,666		7,990		3,920		2,403		—		15,979
Amortization, Intangibles		606		—		—		—		—		606
Operating income (loss)		545		38,313		17,240		5,135		(25,184)		36,049
Net income (loss) attributable to PriceSmart, Inc.		(2,388)		32,700		13,524		3,929		(25,236)		22,529
Capital expenditures, net		3,334		8,724		6,486		4,870		—		23,414

Nine Months Ended May 31, 2021
Revenue from external customers	$	67,622	$	1,567,287	$	762,153	$	313,203	$	—	$	2,710,265
Intersegment revenues		955,619		12,842		3,498		2,413		(974,372)		—
Depreciation, Property and equipment		5,115		23,367		11,570		6,500		—		46,552
Amortization, Intangibles		1,798		—		—		—		—		1,798
Operating income (loss)		8,315		113,120		59,600		17,139		(72,615)		125,559
Net income (loss) attributable to PriceSmart, Inc.		(4,306)		94,247		48,175		13,224		(72,838)		78,502
Long-lived assets (other than deferred tax assets)		79,178		484,039		189,873		163,266		—		916,356
Intangibles, net		8,368		—		—		—		—		8,368
Goodwill		10,695		24,359		10,088		—		—		45,142
Total assets		202,770		777,703		427,078		224,404		—		1,631,955
Capital expenditures, net		6,052		30,334		14,748		20,416		—		71,550

As of August 31, 2021
Long-lived assets (other than deferred tax assets)	$	79,404	$	490,099	$	197,030	$	164,970	$	—	$	931,503
Intangibles, net		7,762		—		—		—		—		7,762
Goodwill		10,695		24,332		10,068		—		—		45,095
Total assets		246,896		795,940		434,428		228,526		—		1,705,790

⁽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.