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SEGMENTS (Tables) | 6 Months Ended
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Feb. 28, 2022
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, 2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenue from external customers |  | $ | 8,722 |  | $ | 614,381 |  | $ | 293,680 |  | $ | 121,774 |  | $ | — |  | $ | 1,038,557
Intersegment revenues |  |  | 372,536 |  |  | 5,030 |  |  | 1,333 |  |  | 779 |  |  | (379,678) |  |  | —
Depreciation, Property and equipment |  |  | 1,541 |  |  | 8,598 |  |  | 4,023 |  |  | 2,556 |  |  | — |  |  | 16,718
Amortization, Intangibles |  |  | 380 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 380
Operating income (loss) |  |  | 8,299 |  |  | 46,052 |  |  | 21,755 |  |  | 6,124 |  |  | (33,908) |  |  | 48,322
Net income (loss) attributable to PriceSmart, Inc. |  |  | 3,176 |  |  | 38,750 |  |  | 17,624 |  |  | 5,819 |  |  | (33,908) |  |  | 31,461
Capital expenditures, net |  |  | 1,298 |  |  | 13,361 |  |  | 14,974 |  |  | 3,702 |  |  | — |  |  | 33,335
Six Months Ended February 28, 2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenue from external customers |  | $ | 22,706 |  | $ | 1,185,885 |  | $ | 566,168 |  | $ | 239,154 |  | $ | — |  | $ | 2,013,913
Intersegment revenues |  |  | 786,879 |  |  | 10,028 |  |  | 2,777 |  |  | 1,601 |  |  | (801,285) |  |  | —
Depreciation, Property and equipment |  |  | 2,006 |  |  | 16,898 |  |  | 8,041 |  |  | 4,920 |  |  | — |  |  | 31,865
Amortization, Intangibles |  |  | 836 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 836
Operating income (loss) |  |  | 14,556 |  |  | 89,431 |  |  | 41,633 |  |  | 12,502 |  |  | (63,783) |  |  | 94,339
Net income (loss) attributable to PriceSmart, Inc. |  |  | 6,548 |  |  | 74,650 |  |  | 34,074 |  |  | 10,502 |  |  | (63,802) |  |  | 61,972
Long-lived assets (other than deferred tax assets) |  |  | 74,001 |  |  | 497,585 |  |  | 212,418 |  |  | 176,911 |  |  | — |  |  | 960,915
Intangibles, net |  |  | 1,542 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 1,542
Goodwill |  |  | 8,982 |  |  | 24,309 |  |  | 10,043 |  |  | — |  |  | — |  |  | 43,334
Total assets |  |  | 191,677 |  |  | 860,718 |  |  | 463,236 |  |  | 257,699 |  |  | — |  |  | 1,773,330
Capital expenditures, net |  |  | 3,207 |  |  | 26,051 |  |  | 22,047 |  |  | 16,085 |  |  | — |  |  | 67,390
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
As of August 31, 2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-lived assets (other than deferred tax assets) |  | $ | 79,404 |  | $ | 490,099 |  | $ | 197,030 |  | $ | 164,970 |  | $ | — |  | $ | 931,503
Intangibles, net |  |  | 7,762 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 7,762
Goodwill |  |  | 10,695 |  |  | 24,332 |  |  | 10,068 |  |  | — |  |  | — |  |  | 45,095
Total assets |  |  | 246,896 |  |  | 795,940 |  |  | 434,428 |  |  | 228,526 |  |  | — |  |  | 1,705,790
(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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