XML 38 R27.htm IDEA: XBRL DOCUMENT
v3.19.2

SEGMENTS (Tables) | 9 Months Ended
--- | ---
May 31, 2019
SEGMENTS [Abstract] |
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, 2019 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Revenue from external customers |  | $ | 17,454 |  | $ | 448,118 |  | $ | 228,586 |  | $ | 94,398 |  | $ | — |  | $ | 788,556
﻿Intersegment revenues |  |  | 284,205 |  |  | 3,401 |  |  | 1,032 |  |  | 444 |  |  | (289,082) |  |  | —
﻿Depreciation, Property and equipment |  |  | 1,312 |  |  | 6,200 |  |  | 3,551 |  |  | 2,132 |  |  | — |  |  | 13,195
﻿Amortization, Intangibles |  |  | 606 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 606
﻿Operating income (loss) |  |  | 1,139 |  |  | 26,314 |  |  | 10,295 |  |  | 3,294 |  |  | (19,045) |  |  | 21,997
﻿Net income (loss) attributable to PriceSmart, Inc. (3) |  |  | (1,655) |  |  | 22,725 |  |  | 9,514 |  |  | 2,528 |  |  | (19,016) |  |  | 14,096
﻿Capital expenditures, net |  |  | 143 |  |  | 13,322 |  |  | 8,010 |  |  | 1,093 |  |  | — |  |  | 22,568
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Nine Months Ended May 31, 2019 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Revenue from external customers |  | $ | 51,614 |  | $ | 1,372,918 |  | $ | 702,954 |  | $ | 295,132 |  | $ | — |  | $ | 2,422,618
﻿Intersegment revenues |  |  | 924,624 |  |  | 7,620 |  |  | 3,375 |  |  | 1,119 |  |  | (936,738) |  |  | —
﻿Depreciation, Property and equipment |  |  | 3,958 |  |  | 18,072 |  |  | 10,181 |  |  | 6,356 |  |  | — |  |  | 38,567
﻿Amortization, Intangibles |  |  | 1,798 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 1,798
﻿Operating income |  |  | 4,565 |  |  | 90,681 |  |  | 37,346 |  |  | 10,327 |  |  | (59,716) |  |  | 83,203
﻿Net income (loss) attributable to PriceSmart, Inc. (3) |  |  | (3,885) |  |  | 75,009 |  |  | 32,536 |  |  | 8,632 |  |  | (59,774) |  |  | 52,518
﻿Long-lived assets (other than deferred tax assets) |  |  | 85,638 |  |  | 339,950 |  |  | 157,186 |  |  | 105,384 |  |  | — |  |  | 688,158
﻿Intangibles, net |  |  | 13,182 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 13,182
﻿Goodwill |  |  | 11,315 |  |  | 24,606 |  |  | 10,237 |  |  | — |  |  | — |  |  | 46,158
﻿Total assets |  |  | 152,322 |  |  | 605,399 |  |  | 331,999 |  |  | 172,144 |  |  | — |  |  | 1,261,864
﻿Capital expenditures, net |  |  | 3,759 |  |  | 56,695 |  |  | 24,271 |  |  | 3,831 |  |  | — |  |  | 88,556
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Three Months Ended May 31, 2018 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Revenue from external customers |  | $ | 17,802 |  | $ | 451,597 |  | $ | 214,506 |  | $ | 98,296 |  | $ | — |  | $ | 782,201
﻿Intersegment revenues |  |  | 291,925 |  |  | — |  |  | 1,087 |  |  | 376 |  |  | (293,388) |  |  | —
﻿Depreciation and amortization |  |  | 2,245 |  |  | 6,050 |  |  | 2,934 |  |  | 2,337 |  |  | — |  |  | 13,566
﻿Operating income/(loss) |  |  | (883) |  |  | 31,257 |  |  | 11,538 |  |  | 2,989 |  |  | (16,472) |  |  | 28,429
﻿Net income (loss) attributable to PriceSmart, Inc. |  |  | (2,792) |  |  | 25,485 |  |  | 10,074 |  |  | 2,377 |  |  | (16,450) |  |  | 18,694
﻿Capital expenditures, net |  |  | 3,024 |  |  | 12,803 |  |  | 14,368 |  |  | 873 |  |  | — |  |  | 31,068
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Nine Months Ended May 31, 2018 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Revenue from external customers |  | $ | 35,087 |  | $ | 1,397,668 |  | $ | 663,317 |  | $ | 292,764 |  | $ | — |  | $ | 2,388,836
﻿Intersegment revenues |  |  | 906,114 |  |  | — |  |  | 3,265 |  |  | 693 |  |  | (910,072) |  |  | —
﻿Depreciation and amortization |  |  | 5,680 |  |  | 17,459 |  |  | 8,343 |  |  | 6,896 |  |  | — |  |  | 38,378
﻿Operating income |  |  | 3,354 |  |  | 100,463 |  |  | 36,763 |  |  | 8,198 |  |  | (49,919) |  |  | 98,859
﻿Net income (loss) attributable to PriceSmart, Inc. |  |  | (17,182) |  |  | 82,997 |  |  | 33,000 |  |  | 6,414 |  |  | (49,897) |  |  | 55,332
﻿Long-lived assets (other than deferred tax assets) |  |  | 72,343 |  |  | 312,468 |  |  | 148,789 |  |  | 125,699 |  |  | — |  |  | 659,299
﻿Intangibles, net |  |  | 15,593 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 15,593
﻿Goodwill |  |  | 16,033 |  |  | 30,770 |  |  | 4,548 |  |  | — |  |  | — |  |  | 51,351
﻿Total assets |  |  | 160,793 |  |  | 562,401 |  |  | 333,985 |  |  | 189,291 |  |  | — |  |  | 1,246,470
﻿Capital expenditures, net |  |  | 4,612 |  |  | 35,364 |  |  | 33,997 |  |  | 2,729 |  |  | — |  |  | 76,702
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿As of August 31, 2018 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Long-lived assets (other than deferred tax assets) |  | $ | 67,650 |  | $ | 320,612 |  | $ | 150,516 |  | $ | 118,284 |  | $ | — |  | $ | 657,062
﻿Intangibles, net |  |  | 14,980 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 14,980
﻿Goodwill |  |  | 11,230 |  |  | 30,646 |  |  | 4,453 |  |  | — |  |  | — |  |  | 46,329
﻿Total assets |  |  | 186,174 |  |  | 536,756 |  |  | 310,411 |  |  | 183,051 |  |  | — |  |  | 1,216,392
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ ﻿
| (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.
| (3) |  | In March 2018, the Company acquired technology, talent and cross-border logistics infrastructure that operated a marketplace and casillero business. Investments in the technology, talent and infrastructure to expand our omni-channel capabilities, together with the operating results from the marketplace and casillero business, negatively impacted Net income attributable to PriceSmart, Inc. by $2.9 million for the quarter and $11.0 million for the nine months ended May 31, 2019. Management considers this business to be part of its United States operations.

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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