XML 45 R33.htm IDEA: XBRL DOCUMENT v3.22.2.2

POST EMPLOYMENT PLANS (Tables)

12 Months Ended

Aug. 31, 2022

Defined Benefit Plan Disclosure [Line Items]

Schedule of Net Periodic Benefit Cost

Prior service cost		$	26
Actuarial gain/loss			152
		$	178

Defined Benefit Plans [Member]

Defined Benefit Plan Disclosure [Line Items]

Schedule of Defined Benefit Plans

		Other Long-Term ‎Liability						Accumulated Other ‎Comprehensive Loss							Operating Expenses
		August 31,													Year Ended August 31,
		2022			2021			2022			2021				2022			2021			2020
Start of period		$	(2,298)		$	(1,805)		$	897		$	747			$	—		$	—		$	—
Service cost			(205)			(184)			—			—				315			229			177
Interest cost			(129)			(104)			—			—				129			104			101
Prior service cost (including amortization)			—			—			(36)			(55)				36			55			55
Actuarial gains/(losses)			(344)			(205)			344			205				92			72			38
Totals		$	(2,976)		$	(2,298)		$	1,205		$	897	(1)		$	572		$	460		$	371

⁽¹⁾The Company has recorded a deferred tax asset of $377,000 and $282,000 as of August 31, 2022 and 2021, respectively, relating to the unrealized expense on defined benefit plans. The Company also recorded accumulated other comprehensive loss, net of tax, for $(829,000) and $(615,000) as of August 31, 2022 and 2021, respectively.

Post-Employment Benefit Plans [Member]

Defined Benefit Plan Disclosure [Line Items]

Schedule of Assumptions Used

		Year Ended August 31,
Valuation Assumptions:		2022		2021
Discount rate		3.5% to 6.4%		3.5% to 7.5%
Future salary escalation		3.0% to 4.5%		3.0% to 4.0%
Percentage of employees assumed to withdraw from Company without a benefit (“turnover”)		6.7% to 15.0%		8.3% to 15.0%
Percentage of employees assumed to withdraw from Company with a benefit (“disability”)		0.5% to 6.6%		0.5% to 6.6%

Other Post-Employment Plans [Member]

Defined Benefit Plan Disclosure [Line Items]

Summary of Other Post-Employment Plans

		Accrued Salaries ‎and Benefits						Other Long-Term ‎Liability						Restricted Cash Held (1)						Operating Expenses
		Years Ended August 31,
		2022			2021			2022			2021			2022			2021			2022			2021			2020
Other Post Employment Plans		$	522		$	544		$	4,567		$	4,352		$	4,382		$	3,909		$	1,423		$	1,447		$	1,250

⁽¹⁾With some locations, local statutes require the applicable Company subsidiary to deposit cash in its own name with designated fund managers. The funds earn interest, which the Company recognizes as interest income.

X

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

+ Details

Name:	us-gaap_DefinedBenefitPlanDisclosureLineItems
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of defined contribution pension plans or defined contribution other postretirement plans, separately for pension plans and other postretirement benefit plans.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 70
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=49170846&loc=d3e28014-114942

+ Details

Name:	us-gaap_DefinedContributionPlanDisclosuresTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of assumption used to determine benefit obligation and net periodic benefit cost of defined benefit plan. Includes, but is not limited to, discount rate, rate of compensation increase, expected long-term rate of return on plan assets and interest crediting rate.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (k)
-URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfAssumptionsUsedTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of one or more of the entity's defined benefit pension plans or one or more other defined benefit postretirement plans, separately for pension plans and other postretirement benefit plans including the entity's schedule of fair value of plan assets for defined benefit or other postretirement plans.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 55
-Paragraph 17
-URI https://asc.fasb.org/extlink&oid=123450688&loc=d3e4179-114921

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 4
-URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e2439-114920

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 2
-URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e2410-114920

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 3
-URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e2417-114920

+ Details

Name:	us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the amounts related to pension plans and/or other employee benefit plans in accumulated other comprehensive income or loss that have not yet been recognized as components of net periodic benefit cost, such as the net gain (loss), net prior service cost or credit, and net transition asset or obligation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (j)
-URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfNetPeriodicBenefitCostNotYetRecognizedTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_RetirementPlanTypeAxis=us-gaap_PensionPlansDefinedBenefitMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_RetirementPlanTypeAxis=psmt_PostretirementBenefitPlanMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_RetirementPlanTypeAxis=us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: