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SEGMENTS (Tables)
9 Months Ended
May 31, 2023
Segment Reporting [Abstract]  
Schedule of Segment Revenues, Operating Costs and Balance Sheet Items
The following tables summarize by segment certain revenues, operating costs and balance sheet items (in thousands):
United
States
Operations
Central
American
Operations
Caribbean
Operations(1)
Colombia
Operations
Reconciling
Items(2)
Total
Three Months Ended May 31, 2023
Revenue from external customers$6,347 $669,691 $316,201 $104,415 $— $1,096,654 
Intersegment revenues368,675 7,343 1,527 1,318 (378,863)— 
Depreciation, Property and equipment1,302 9,349 4,793 2,377 — 17,821 
Operating income (loss)4,066 46,023 21,184 2,961 (31,182)43,052 
Net income (loss) attributable to PriceSmart, Inc.2,336 38,715 17,091 2,612 (31,182)29,572 
Capital expenditures, net— 24,384 6,850 12,423 — 43,657 
Nine Months Ended May 31, 2023
Revenue from external customers$23,687 $1,992,980 $956,032 $320,950 $— $3,293,649 
Intersegment revenues1,141,492 20,726 4,178 3,198 (1,169,594)— 
Depreciation, Property and equipment4,158 27,073 14,216 7,052 — 52,499 
Amortization, Intangibles765 — — — — 765 
Operating income (loss)24,622 152,786 71,161 12,491 (108,681)152,379 
Net income (loss) attributable to PriceSmart, Inc.9,440 127,163 56,799 9,103 (108,681)93,824 
Long-lived assets (other than deferred tax assets)70,733 543,410 212,112 188,471 — 1,014,726 
Goodwill8,981 24,127 10,044 — — 43,152 
Total assets242,003 963,929 471,817 255,597 — 1,933,346 
Capital expenditures, net8,829 52,695 14,219 21,737 — 97,480 
Three Months Ended May 31, 2022
Revenue from external customers$13,396 $599,132 $294,785 $123,497 $— $1,030,810 
Intersegment revenues351,404 6,223 1,706 1,388 (360,721)— 
Depreciation, Property and equipment1,355 8,688 4,408 2,718 — 17,169 
Amortization, Intangibles388 — — — — 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, net197 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 revenues1,138,283 16,251 4,483 2,989 (1,162,006)— 
Depreciation, Property and equipment3,361 25,586 12,449 7,638 — 49,034 
Amortization, Intangibles1,224 — — — — 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)71,475 494,086 218,365 186,630 — 970,556 
Goodwill8,982 24,316 10,049 — — 43,347 
Total assets201,571 844,844 478,008 267,340 — 1,791,763 
Capital expenditures, net3,404 37,902 32,742 24,524 — 98,572 
As of August 31, 2022
Long-lived assets (other than deferred tax assets)$71,743 $498,204 $218,021 $175,194 $— $963,162 
Goodwill
8,981 24,250 10,072 — — 43,303 
Investment in unconsolidated affiliates
— 10,534 — — — 10,534 
Total assets230,411 867,898 474,411 235,680 — 1,808,400 
(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.