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SEGMENTS (Tables) | 9 Months Ended
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May 31, 2020
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, 2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenue from external customers |  | $ | 15,852 |  | $ | 452,927 |  | $ | 250,304 |  | $ | 80,848 |  |  | — |  | $ | 799,931
Intersegment revenues |  |  | 230,826 |  |  | 4,791 |  |  | 1,548 |  |  | 787 |  |  | (237,952) |  |  | —
Depreciation, Property and equipment |  |  | 1,294 |  |  | 7,577 |  |  | 3,810 |  |  | 1,591 |  |  | — |  |  | 14,272
Amortization, Intangibles |  |  | 607 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 607
Operating income (loss) |  |  | (1,115) |  |  | 27,606 |  |  | 13,547 |  |  | 3,487 |  |  | (19,558) |  |  | 23,967
Net income (loss) attributable to PriceSmart, Inc. |  |  | (3,785) |  |  | 22,724 |  |  | 10,849 |  |  | 2,403 |  |  | (19,486) |  |  | 12,705
Capital expenditures, net |  |  | 1,446 |  |  | 9,395 |  |  | 2,163 |  |  | 3,508 |  |  | — |  |  | 16,512
Nine Months Ended May 31, 2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenue from external customers |  | $ | 52,039 |  | $ | 1,442,336 |  | $ | 747,004 |  | $ | 277,228 |  | $ | — |  | $ | 2,518,607
Intersegment revenues |  |  | 868,137 |  |  | 12,745 |  |  | 3,627 |  |  | 1,870 |  |  | (886,379) |  |  | —
Depreciation, Property and equipment |  |  | 3,981 |  |  | 22,027 |  |  | 11,602 |  |  | 5,452 |  |  | — |  |  | 43,062
Amortization, Intangibles |  |  | 1,805 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 1,805
Operating income |  |  | 3,401 |  |  | 96,972 |  |  | 40,436 |  |  | 13,411 |  |  | (60,730) |  |  | 93,490
Net income (loss) attributable to PriceSmart, Inc. |  |  | (5,350) |  |  | 79,815 |  |  | 34,978 |  |  | 9,340 |  |  | (60,750) |  |  | 58,033
Long-lived assets (other than deferred tax assets) (3) |  |  | 83,813 |  |  | 481,942 |  |  | 181,578 |  |  | 143,437 |  |  | — |  |  | 890,770
Intangibles, net |  |  | 10,772 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 10,772
Goodwill |  |  | 10,695 |  |  | 24,484 |  |  | 10,137 |  |  | — |  |  | — |  |  | 45,316
Total assets |  |  | 224,682 |  |  | 727,527 |  |  | 384,168 |  |  | 238,112 |  |  | — |  |  | 1,574,489
Capital expenditures, net |  |  | 5,564 |  |  | 42,766 |  |  | 13,913 |  |  | 28,807 |  |  | — |  |  | 91,050
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. |  |  | (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. |  |  | (3,885) |  |  | 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
As of August 31, 2019 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-lived assets (other than deferred tax assets) |  | $ | 65,278 |  | $ | 383,665 |  | $ | 165,584 |  | $ | 115,838 |  | $ | — |  | $ | 730,365
Intangibles, net |  |  | 12,576 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 12,576
Goodwill |  |  | 11,315 |  |  | 24,593 |  |  | 10,193 |  |  | — |  |  | — |  |  | 46,101
Total assets |  |  | 161,583 |  |  | 614,579 |  |  | 340,216 |  |  | 180,033 |  |  | — |  |  | 1,296,411
(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)Effective September 1, 2019, we adopted the requirements of Accounting Standards Update (ASU) 2016-02, "Leases (Topic 842)" (ASC 842) using the modified retrospective approach, under which financial results reported in prior periods were not restated. As a result, the Long-lived assets (other than deferred tax assets) as of May 31, 2020 is not comparable with that as of May 31, 2019 and August 31, 2019.

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