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SEGMENTS (Tables) | 6 Months Ended
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Feb. 28, 2021
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 February 28, 2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenue from external customers |  | $ | 22,768 |  | $ | 541,000 |  | $ | 260,169 |  | $ | 113,632 |  |  | — |  | $ | 937,569
Intersegment revenues |  |  | 296,255 |  |  | 3,801 |  |  | 1,124 |  |  | 850 |  |  | (302,030) |  |  | —
Depreciation, Property and equipment |  |  | 1,784 |  |  | 7,683 |  |  | 3,858 |  |  | 2,362 |  |  | — |  |  | 15,687
Amortization, Intangibles |  |  | 593 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 593
Operating income (loss) |  |  | 2,028 |  |  | 40,362 |  |  | 20,766 |  |  | 6,439 |  |  | (24,616) |  |  | 44,979
Net income (loss) attributable to PriceSmart, Inc. |  |  | (1,545) |  |  | 32,309 |  |  | 17,480 |  |  | 4,699 |  |  | (24,707) |  |  | 28,236
Capital expenditures, net |  |  | 1,500 |  |  | 14,066 |  |  | 5,804 |  |  | 7,007 |  |  | — |  |  | 28,377
Six Months Ended February 28, 2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenue from external customers |  | $ | 46,385 |  | $ | 1,035,692 |  | $ | 518,685 |  | $ | 214,239 |  | $ | — |  | $ | 1,815,001
Intersegment revenues |  |  | 646,358 |  |  | 8,537 |  |  | 2,270 |  |  | 1,979 |  |  | (659,144) |  |  | —
Depreciation, Property and equipment |  |  | 3,449 |  |  | 15,377 |  |  | 7,650 |  |  | 4,097 |  |  | — |  |  | 30,573
Amortization, Intangibles |  |  | 1,192 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 1,192
Operating income (loss) |  |  | 7,771 |  |  | 74,807 |  |  | 42,359 |  |  | 12,004 |  |  | (47,431) |  |  | 89,510
Net income (loss) attributable to PriceSmart, Inc. |  |  | (1,917) |  |  | 61,547 |  |  | 34,650 |  |  | 9,295 |  |  | (47,602) |  |  | 55,973
Long-lived assets (other than deferred tax assets) |  |  | 80,449 |  |  | 483,729 |  |  | 181,815 |  |  | 162,641 |  |  | — |  |  | 908,634
Intangibles, net |  |  | 8,974 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 8,974
Goodwill |  |  | 10,695 |  |  | 24,389 |  |  | 10,073 |  |  | — |  |  | — |  |  | 45,157
Total assets |  |  | 201,726 |  |  | 770,899 |  |  | 430,327 |  |  | 227,884 |  |  | — |  |  | 1,630,836
Capital expenditures, net |  |  | 2,718 |  |  | 21,610 |  |  | 8,262 |  |  | 15,546 |  |  | — |  |  | 48,136
Three Months Ended February 29, 2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenue from external customers |  | $ | 18,848 |  | $ | 522,607 |  | $ | 261,683 |  | $ | 103,597 |  | $ | — |  | $ | 906,735
Intersegment revenues |  |  | 287,362 |  |  | 3,909 |  |  | 860 |  |  | 547 |  |  | (292,678) |  |  | —
Depreciation, Property and equipment |  |  | 1,338 |  |  | 7,568 |  |  | 3,826 |  |  | 1,844 |  |  | — |  |  | 14,576
Amortization, Intangibles |  |  | 599 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 599
Operating income (loss) |  |  | 1,928 |  |  | 37,667 |  |  | 15,079 |  |  | 5,400 |  |  | (21,265) |  |  | 38,809
Net income (loss) attributable to PriceSmart, Inc. |  |  | (841) |  |  | 30,339 |  |  | 13,810 |  |  | 3,666 |  |  | (21,374) |  |  | 25,600
Capital expenditures, net |  |  | 3,489 |  |  | 18,128 |  |  | 7,230 |  |  | 4,465 |  |  | — |  |  | 33,312
Six Months Ended February 29, 2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenue from external customers |  | $ | 36,187 |  | $ | 989,409 |  | $ | 496,700 |  | $ | 196,380 |  | $ | — |  | $ | 1,718,676
Intersegment revenues |  |  | 637,312 |  |  | 7,954 |  |  | 2,079 |  |  | 1,083 |  |  | (648,428) |  |  | —
Depreciation, Property and equipment |  |  | 2,687 |  |  | 14,450 |  |  | 7,792 |  |  | 3,861 |  |  | — |  |  | 28,790
Amortization, Intangibles |  |  | 1,198 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 1,198
Operating income (loss) |  |  | 4,516 |  |  | 69,367 |  |  | 26,889 |  |  | 9,924 |  |  | (41,173) |  |  | 69,523
Net income (loss) attributable to PriceSmart, Inc. |  |  | (1,564) |  |  | 57,091 |  |  | 24,129 |  |  | 6,937 |  |  | (41,265) |  |  | 45,328
Long-lived assets (other than deferred tax assets) |  |  | 86,306 |  |  | 477,195 |  |  | 187,641 |  |  | 145,981 |  |  | — |  |  | 897,123
Intangibles, net |  |  | 11,378 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 11,378
Goodwill |  |  | 10,695 |  |  | 24,522 |  |  | 10,196 |  |  | — |  |  | — |  |  | 45,413
Total assets |  |  | 157,116 |  |  | 723,673 |  |  | 390,000 |  |  | 227,503 |  |  | — |  |  | 1,498,292
Capital expenditures, net |  |  | 4,118 |  |  | 33,371 |  |  | 11,750 |  |  | 25,299 |  |  | — |  |  | 74,538
As of August 31, 2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-lived assets (other than deferred tax assets) |  | $ | 81,008 |  | $ | 475,744 |  | $ | 177,166 |  | $ | 146,862 |  | $ | — |  | $ | 880,780
Intangibles, net |  |  | 10,166 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 10,166
Goodwill |  |  | 10,696 |  |  | 24,418 |  |  | 10,092 |  |  | — |  |  | — |  |  | 45,206
Total assets |  |  | 272,190 |  |  | 741,523 |  |  | 395,244 |  |  | 247,868 |  |  | — |  |  | 1,656,825
(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.

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