XML 70 R60.htm IDEA: XBRL DOCUMENT v3.22.4
SEGMENTS (Summary of Segment Revenues, Operating Costs and Balance Sheet Items) (Details) - USD ($)
$ in Thousands
3 Months Ended
Nov. 30, 2022
Nov. 30, 2021
Aug. 31, 2022
Segment Reporting Information [Line Items]      
Revenue $ 1,054,806 $ 975,356  
Depreciation, Property and equipment 17,184 15,147  
Amortization, Intangibles 384 456  
Operating income (loss) 55,527 46,017  
Provision for income taxes 16,426 15,814  
Net income attributable to PriceSmart, Inc. per share available for distribution: 32,905 30,511  
Long-lived assets (other than deferred tax assets) 964,034 939,642 $ 963,162
Goodwill 43,173 43,332 43,303
Investment in unconsolidated affiliates     10,534
Total assets 1,887,920 1,789,313 1,808,400
Capital expenditures, net 25,419 34,055  
United States Operations Segment [Member]      
Segment Reporting Information [Line Items]      
Revenue 10,458 13,423  
Depreciation, Property and equipment 1,378 465  
Amortization, Intangibles 384 456  
Operating income (loss) 13,592 6,257  
Net income attributable to PriceSmart, Inc. per share available for distribution: 5,825 3,373  
Long-lived assets (other than deferred tax assets) 73,083 73,321 71,743
Goodwill 8,981 8,981 8,981
Total assets 238,551 212,371 230,411
Capital expenditures, net 5,491 1,909  
Central American Operations Segment [Member]      
Segment Reporting Information [Line Items]      
Revenue 629,079 572,065  
Depreciation, Property and equipment 8,799 8,300  
Operating income (loss) 50,130 43,379  
Net income attributable to PriceSmart, Inc. per share available for distribution: 42,006 35,900  
Long-lived assets (other than deferred tax assets) 509,961 495,517 498,204
Goodwill 24,142 24,313 24,250
Investment in unconsolidated affiliates     10,534
Total assets 924,049 867,868 867,898
Capital expenditures, net 12,244 12,690  
Caribbean Operations Segment [Member]      
Segment Reporting Information [Line Items]      
Revenue [1] 307,525 272,487  
Depreciation, Property and equipment [1] 4,631 4,018  
Operating income (loss) [1] 24,503 19,878  
Net income attributable to PriceSmart, Inc. per share available for distribution: [1] 19,284 16,450  
Long-lived assets (other than deferred tax assets) [1] 213,963 203,042 218,021
Goodwill [1] 10,050 10,038 10,072
Total assets [1] 492,744 460,381 474,411
Capital expenditures, net [1] 3,401 7,073  
Colombia Operations Segment [Member]      
Segment Reporting Information [Line Items]      
Revenue 107,744 117,381  
Depreciation, Property and equipment 2,376 2,364  
Operating income (loss) 4,868 6,378  
Net income attributable to PriceSmart, Inc. per share available for distribution: 3,356 4,682  
Long-lived assets (other than deferred tax assets) 167,027 167,762 175,194
Total assets 232,576 248,693 $ 235,680
Capital expenditures, net 4,283 12,383  
Reconciling Items [Member]      
Segment Reporting Information [Line Items]      
Revenue [2] (416,441) (421,605)  
Reconciling Items [Member] | United States Operations Segment [Member]      
Segment Reporting Information [Line Items]      
Revenue (407,640) (414,342)  
Reconciling Items [Member] | Central American Operations Segment [Member]      
Segment Reporting Information [Line Items]      
Revenue (6,582) (4,998)  
Reconciling Items [Member] | Caribbean Operations Segment [Member]      
Segment Reporting Information [Line Items]      
Revenue [1] (1,514) (1,443)  
Reconciling Items [Member] | Colombia Operations Segment [Member]      
Segment Reporting Information [Line Items]      
Revenue (705) (822)  
Material Reconciling Items [Member]      
Segment Reporting Information [Line Items]      
Operating income (loss) [2] (37,566) (29,875)  
Net income attributable to PriceSmart, Inc. per share available for distribution: [2] $ (37,566) $ (29,894)  
[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.