XML 34 R23.htm IDEA: XBRL DOCUMENT
v3.8.0.1

COMMITMENTS AND CONTINGENCIES (Tables) | 9 Months Ended
--- | ---
May 31, 2018
COMMITMENTS AND CONTINGENCIES [Abstract] |
Schedule of Future Minimum Lease Commitments |
﻿ |  |  |  |
﻿ |  |  |  |
﻿ |  | Maturity of |
﻿Years ended May 31, |  | Lease Liabilities (1) |
﻿2019 |  | $ | 13,509 |
﻿2020 |  |  | 12,138 |
﻿2021 |  |  | 10,597 |
﻿2022 |  |  | 9,284 |
﻿2023 |  |  | 9,412 |
﻿Thereafter |  |  | 113,315 |
﻿Total |  | $ | 168,255 | (2)(3)
﻿
| (1) |  | Operating lease obligations have been reduced by approximately $1.7 million to reflect sub-lease income. Certain obligations under leasing arrangements are collateralized by the underlying asset being leased.
| (2) |  | Future minimum lease payments include $2.6 million of lease payment obligations for the prior leased Miami distribution center. For the purposes of calculating the minimum lease payments, no reduction was considered for the potential sub-lease income the Company could receive during the remaining lease term for unexecuted subleases. However, projected income for any executed sub-leases would be used to reduce the amount reported as minimum lease payments. Potential sub-lease income was considered, however, for the purposes of calculating the exit obligation which was immaterial on the balance sheet as of May 31, 2018.
| (3) |  | Future minimum lease payments do not include the approximately $31.6 million of minimum lease payments related to the Honduras lease extension contract entered into in June 2018. See Note 10 – Subsequent Events.
Schedule of Variable Interest Entities Maximum Loss Exposure |
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Entity |  | % Ownership |  | Initial Investment |  | Additional Investments |  | Net (Loss)/Income Inception to Date |  | Company’s Variable Interest in Entity |  | Commitment to Future Additional Investments(1) |  | Company's Maximum Exposure to Loss in Entity(2)
﻿GolfPark Plaza, S.A. |  | 50 | % |  | $ | 4,616 |  | $ | 2,402 |  | $ | 274 |  | $ | 7,292 |  | $ | 99 |  | $ | 7,391
﻿Price Plaza Alajuela, S.A. |  | 50 | % |  |  | 2,193 |  |  | 1,236 |  |  | 48 |  |  | 3,477 |  |  | 785 |  |  | 4,262
﻿Total |  |  |  |  | $ | 6,809 |  | $ | 3,638 |  | $ | 322 |  | $ | 10,769 |  | $ | 884 |  | $ | 11,653
﻿
| (1) |  | The parties intend to seek alternate financing for the project, which could reduce the amount of investments each party would be required to provide. The parties may mutually agree on changes to the project, which could increase or decrease the amount of contributions each party is required to provide.
| (2) |  | The maximum exposure is determined by adding the Company’s variable interest in the entity and any explicit or implicit arrangements that could require the Company to provide additional financial support.

X
- Definition Schedule of Variable Interest Entity, Maximum Loss Exposure [Table Text Block] + References No definition available. + Details
Name: | psmt_ScheduleOfVariableInterestEntityMaximumLossExposureTableTextBlock
Namespace Prefix: | psmt_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_CommitmentsAndContingenciesDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=77902758&loc=d3e41502-112717 + Details
Name: | us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration