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SEGMENTS (Tables) | 9 Months Ended
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May 31, 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 May 31, 2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenue from external customers |  | $ | 13,396 |  | $ | 599,132 |  | $ | 294,785 |  | $ | 123,497 |  | $ | — |  | $ | 1,030,810
Intersegment revenues |  |  | 351,404 |  |  | 6,223 |  |  | 1,706 |  |  | 1,388 |  |  | (360,721) |  |  | —
Depreciation, Property and equipment |  |  | 1,355 |  |  | 8,688 |  |  | 4,408 |  |  | 2,718 |  |  | — |  |  | 17,169
Amortization, Intangibles |  |  | 388 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 388
Operating income (loss) |  |  | 2,821 |  |  | 39,458 |  |  | 19,163 |  |  | 4,652 |  |  | (32,332) |  |  | 33,762
Net income (loss) attributable to PriceSmart, Inc. |  |  | (442) |  |  | 34,011 |  |  | 14,903 |  |  | 3,118 |  |  | (32,332) |  |  | 19,258
Capital expenditures, net |  |  | 197 |  |  | 11,851 |  |  | 10,695 |  |  | 8,439 |  |  | — |  |  | 31,182
Nine Months Ended May 31, 2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenue from external customers |  | $ | 36,102 |  | $ | 1,785,017 |  | $ | 860,953 |  | $ | 362,651 |  | $ | — |  | $ | 3,044,723
Intersegment revenues |  |  | 1,138,283 |  |  | 16,251 |  |  | 4,483 |  |  | 2,989 |  |  | (1,162,006) |  |  | —
Depreciation, Property and equipment |  |  | 3,361 |  |  | 25,586 |  |  | 12,449 |  |  | 7,638 |  |  | — |  |  | 49,034
Amortization, Intangibles |  |  | 1,224 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 1,224
Operating income (loss) |  |  | 17,377 |  |  | 128,889 |  |  | 60,796 |  |  | 17,154 |  |  | (96,115) |  |  | 128,101
Net income (loss) attributable to PriceSmart, Inc. |  |  | 6,106 |  |  | 108,661 |  |  | 48,977 |  |  | 13,620 |  |  | (96,134) |  |  | 81,230
Long-lived assets (other than deferred tax assets) |  |  | 70,322 |  |  | 494,086 |  |  | 218,365 |  |  | 186,630 |  |  | — |  |  | 969,403
Intangibles, net |  |  | 1,153 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 1,153
Goodwill |  |  | 8,982 |  |  | 24,316 |  |  | 10,049 |  |  | — |  |  | — |  |  | 43,347
Total assets |  |  | 201,571 |  |  | 844,844 |  |  | 478,008 |  |  | 267,340 |  |  | — |  |  | 1,791,763
Capital expenditures, net |  |  | 3,404 |  |  | 37,902 |  |  | 32,742 |  |  | 24,524 |  |  | — |  |  | 98,572
Three Months Ended May 31, 2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenue from external customers |  | $ | 21,237 |  | $ | 531,595 |  | $ | 243,468 |  | $ | 98,964 |  | $ | — |  | $ | 895,264
Intersegment revenues |  |  | 309,261 |  |  | 4,305 |  |  | 1,228 |  |  | 434 |  |  | (315,228) |  |  | —
Depreciation, Property and equipment |  |  | 1,666 |  |  | 7,990 |  |  | 3,920 |  |  | 2,403 |  |  | — |  |  | 15,979
Amortization, Intangibles |  |  | 606 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 606
Operating income (loss) |  |  | 545 |  |  | 38,313 |  |  | 17,240 |  |  | 5,135 |  |  | (25,184) |  |  | 36,049
Net income (loss) attributable to PriceSmart, Inc. |  |  | (2,388) |  |  | 32,700 |  |  | 13,524 |  |  | 3,929 |  |  | (25,236) |  |  | 22,529
Capital expenditures, net |  |  | 3,334 |  |  | 8,724 |  |  | 6,486 |  |  | 4,870 |  |  | — |  |  | 23,414
Nine Months Ended May 31, 2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenue from external customers |  | $ | 67,622 |  | $ | 1,567,287 |  | $ | 762,153 |  | $ | 313,203 |  | $ | — |  | $ | 2,710,265
Intersegment revenues |  |  | 955,619 |  |  | 12,842 |  |  | 3,498 |  |  | 2,413 |  |  | (974,372) |  |  | —
Depreciation, Property and equipment |  |  | 5,115 |  |  | 23,367 |  |  | 11,570 |  |  | 6,500 |  |  | — |  |  | 46,552
Amortization, Intangibles |  |  | 1,798 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 1,798
Operating income (loss) |  |  | 8,315 |  |  | 113,120 |  |  | 59,600 |  |  | 17,139 |  |  | (72,615) |  |  | 125,559
Net income (loss) attributable to PriceSmart, Inc. |  |  | (4,306) |  |  | 94,247 |  |  | 48,175 |  |  | 13,224 |  |  | (72,838) |  |  | 78,502
Long-lived assets (other than deferred tax assets) |  |  | 79,178 |  |  | 484,039 |  |  | 189,873 |  |  | 163,266 |  |  | — |  |  | 916,356
Intangibles, net |  |  | 8,368 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 8,368
Goodwill |  |  | 10,695 |  |  | 24,359 |  |  | 10,088 |  |  | — |  |  | — |  |  | 45,142
Total assets |  |  | 202,770 |  |  | 777,703 |  |  | 427,078 |  |  | 224,404 |  |  | — |  |  | 1,631,955
Capital expenditures, net |  |  | 6,052 |  |  | 30,334 |  |  | 14,748 |  |  | 20,416 |  |  | — |  |  | 71,550
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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