Segment Reporting

8 Months Ended

May 09, 2021

Segment Reporting [Abstract]

Segment Reporting

Note 11—Segment Reporting

The Company and its subsidiaries are principally engaged in the operation of membership warehouses in the U.S., Canada, Mexico, U.K., Japan, Korea, Australia, Spain, Iceland, France and China and through a majority-owned subsidiary in Taiwan. Reportable segments are largely based on management’s organization of the operating segments for operational decisions and assessments of financial performance, which consider geographic locations. The material accounting policies of the segments are as described in the notes to the consolidated financial statements included in the Company's Annual Report filed on Form 10-K for the fiscal year ended August 30, 2020, and Note 1 above. Inter-segment net sales and expenses have been eliminated in computing total revenue and operating income. Certain operating expenses, predominantly stock-based compensation, are incurred on behalf of the Company's Canadian and Other International operations, but are included in the U.S. operations because those costs generally come under the responsibility of the Company's U.S. management team.

The following table provides information for the Company's reportable segments:

	United States Operations		Canadian Operations		Other International Operations		Total
12 Weeks Ended May 9, 2021
Total revenue	$	32,759	$	6,299	$	6,219	$	45,277
Operating income	1,099		271		293		1,663
12 Weeks Ended May 10, 2020
Total revenue	$	27,626	$	4,722	$	4,918	$	37,266
Operating income	853		129		197		1,179
36 Weeks Ended May 9, 2021
Total revenue	$	96,178	$	18,311	$	18,765	$	133,254
Operating income	2,737		800		896		4,433
36 Weeks Ended May 10, 2020
Total revenue	$	83,214	$	15,080	$	15,084	$	113,378
Operating income	2,309		559		638		3,506
52 Weeks Ended August 30, 2020
Total revenue	$	122,142	$	22,434	$	22,185	$	166,761
Operating income	3,633		860		942		5,435

Disaggregated Revenue

The following table summarizes net sales by merchandise category; sales from e-commerce are allocated to the relevant categories:

	12 Weeks Ended				36 Weeks Ended
	May 9, 2021		May 10, 2020		May 9, 2021		May 10, 2020
Foods and sundries	$	17,551	$	16,897	$	53,194	$	46,413
Hardlines	8,206		5,891		23,842		18,508
Fresh foods	6,296		5,587		18,413		15,242
Softlines	4,693		2,806		15,164		11,607
Ancillary and other	7,630		5,270		19,998		19,173
Total net sales	$	44,376	$	36,451	$	130,611	$	110,943