XML 37 R28.htm IDEA: XBRL DOCUMENT
v3.20.1

LEASES (Tables) | 6 Months Ended
--- | ---
Feb. 29, 2020
LEASES [Abstract] |
Summary of Components of Total Lease Costs |
|  | Three Months Ended |  | Six Months Ended
|  | February 29, |  | February 29,
|  | 2020 |  | 2020
Operating lease cost |  | $ | 4,272 |  | $ | 8,493
Short-term lease cost |  |  | 29 |  |  | 82
Variable lease cost |  |  | 1,046 |  |  | 2,127
Sublease income |  |  | (282) |  |  | (571)
Total lease costs |  | $ | 5,065 |  | $ | 10,131
Weighted Average Remaining Lease Term and Weighted Average Discount Rate |
|  | Operating leases
Weighted average remaining lease term in years |  | 18.34
Weighted average discount rate percentage |  | 6.4%
Supplemental Cash Flow Information Related To Leases |
|  | Three Months Ended |  | Six Months Ended
|  | February 29, |  | February 29,
|  | 2020 |  | 2020
Operating cash flows paid for operating leases |  | $ | 3,848 |  | $ | 7,653
Schedule of Future Minimum Lease Commitments |
|  | Leased |
Years Ended February 28, |  | Locations(1) |
2021 |  | $ | 14,569 |
2022 |  |  | 14,714 |
2023 |  |  | 14,599 |
2024 |  |  | 14,448 |
2025 |  |  | 13,739 |
Thereafter |  |  | 175,252 |
Total future lease payments |  |  | 247,321 |
Less imputed interest |  |  | (111,877) |
Total operating lease liabilities |  | $ | 135,444 | (2)
(1)Operating lease obligations have been reduced by approximately $1.7 million to reflect expected sub-lease income. Certain obligations under leasing arrangements are collateralized by the underlying asset being leased. (2)Future minimum lease payments include $1.2 million of lease payment obligations for the prior leased Miami distribution center. For purposes of calculating the minimum lease payments, a reduction is reflected for the actual sub-lease income the Company expects to receive during the remaining lease term. This sub-lease income was also considered for the purposes of calculating the exit obligation, which was immaterial as of February 29, 2020.

X
- Definition Operating Lease, Weighted Average Remaining Lease Term and Weighted Average Discount Rate Disclosure [Table Text Block] + References No definition available. + Details
Name: | psmt_OperatingLeaseWeightedAverageRemainingLeaseTermAndWeightedAverageDiscountRateDisclosureTableTextBlock
Namespace Prefix: | psmt_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Supplemental Cash Flow Information Related to Leases [Table Text Block] + References No definition available. + Details
Name: | psmt_SupplementalCashFlowInformationRelatedToLeasesTableTextBlock
Namespace Prefix: | psmt_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918686-209980 + Details
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
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://fasb.org/us-gaap/role/ref/otherTransitionRef -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