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DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables) | 12 Months Ended
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Aug. 31, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Interest Rate Derivatives | The following table summarizes agreements for which the Company has recorded cash flow hedge accounting for the twelve months ended August 31, 2025:
Entity |  | Date Entered into |  | Derivative Financial Counter- party |  | Derivative Financial Instruments |  | Initial US$ Notional Amount |  | US$ Loan Held With |  | Floating Leg (swap counter-party) |  | Fixed Rate for PSMT Subsidiary |  | Settlement Dates |  | Effective Period of swap
Colombia subsidiary |  | 25-Nov-24 |  | Citibank, N.A. ("Citi") |  | Cross currency interest rate swap |  | $18,700,000 |  | PriceSmart, Inc. |  | 6.00% |  | 10.91 | % |  | 27th day of each November, February, May and August beginning on February 27, 2025 |  | November 27, 2024 - November 27, 2027
Colombia subsidiary |  | 15-Nov-24 |  | Citibank, N.A. ("Citi") |  | Cross currency interest rate swap |  | $10,000,000 |  | PriceSmart, Inc. |  | 3.00% |  | 7.61 | % |  | 17th day of each February, May, August and November beginning on February 18, 2025 |  | November 18, 2024 - November 17, 2026
Colombia subsidiary |  | 19-Sep-24 |  | Citibank, N.A. ("Citi") |  | Cross currency interest rate swap |  | $12,500,000 |  | PriceSmart, Inc. |  | 4.00% |  | 9.15 | % |  | 24th day of each September, December, March and June beginning on December 24, 2024 |  | September 24, 2024 - September 24, 2029
Colombia subsidiary |  | 30-Nov-23 |  | Citibank, N.A. ("Citi") |  | Cross currency interest rate swap |  | $10,000,000 |  | PriceSmart, Inc. |  | 5.00% |  | 11.27 | % |  | 30th day of each November, May, August and 28th day of each February (except in case of a leap year, 29th day of each February) beginning on February 29, 2024 |  | November 30, 2023 - November 30, 2026
Colombia subsidiary |  | 12-Apr-23 |  | Citibank, N.A. ("Citi") |  | Cross currency interest rate swap |  | $10,000,000 |  | PriceSmart, Inc. |  | 4.00% |  | 11.40 | % |  | 11th day of each July, October, January and April, beginning on July 11, 2023 |  | April 12, 2023 - April 11, 2028
Colombia subsidiary |  | 3-May-22 |  | Citibank, N.A. ("Citi") |  | Cross currency interest rate swap |  | $10,000,000 |  | PriceSmart, Inc. |  | 3.00% |  | 9.04 | % |  | 3rd day of each May, August, November and February, beginning on August 3, 2022 |  | May 3, 2022 - May 3, 2027
SD Property Managers, LLC |  | 16-Jun-25 |  | Fifth Third Bank, National Association |  | Interest rate swap |  | $12,500,000 |  | Fifth Third Bank, National Association |  | Variable rate 1-month SOFR |  | 4.02 | % |  | 1st day of each month beginning on July 1, 2025 |  | June 16, 2025 - June 16, 2035
Panama subsidiary |  | 11-Jul-24 |  | Bank of Nova Scotia ("Scotiabank") |  | Interest rate swap |  | $16,500,000 |  | Bank of Nova Scotia |  | 3-month SOFR with a 2.95% floor |  | 4.43 | % |  | 1st day of each March, June, September and December beginning June 3, 2024 |  | February 29, 2024 - March 1, 2029
PriceSmart, Inc. |  | 07-Nov-16 |  | U.S. Bank, N.A. ("U.S. Bank") successor to Union Bank, N.A. |  | Interest rate swap |  | $35,700,000 |  | U.S. Bank |  | Variable rate 3-month SOFR plus 1.70% |  | 3.65 | % |  | 1st day of each month beginning on April 1, 2017 |  | March 1, 2017 - March 1, 2027
Schedule of Cash Flow Hedging Instruments, Statements of Financial Performance and Financial Position, Location | For the twelve-month periods ended August 31, 2025, 2024 and 2023, the Company included the gain or loss on the hedged items (that is, variable-rate borrowings) in the same line item—interest expense—as the offsetting gain or loss on the related interest rate swaps as follows (in thousands):
Income Statement Classification |  | Interest expense on borrowings(1) |  | Cost of swaps(2) |  | Total
Interest expense for the year ended August 31, 2025 |  | $ | 3,473 |  | $ | 3,088 |  |  | $ | 6,561
Interest expense for the year ended August 31, 2024 |  | $ | 4,784 |  | $ | 2,354 |  |  | $ | 7,138
Interest expense for the year ended August 31, 2023 |  | $ | 4,630 |  | $ | 1,205 |  |  | $ | 5,835
(1)This amount is representative of the interest expense recognized on the underlying hedged transactions. (2)This amount is representative of the interest expense recognized on the interest rate swaps and cross-currency swaps designated as cash flow hedging instruments.
Schedule of Notional Amounts of Outstanding Derivative Positions | The total notional balance of the Company’s pay-fixed/receive-variable interest rate swaps and cross-currency interest rate swaps was as follows (in thousands):
Floating Rate Payer (Swap Counterparty) |  | Notional Amount as of
| August 31, 2025 |  | August 31, 2024
U.S. Bank |  | $ | 27,519 |  | $ | 28,794
Fifth Third Bank, National Association |  | 12,500 |  | —
Citibank N.A. |  | 71,200 |  | 72,270
Scotiabank |  | 16,337 |  | 16,500
Total |  | $ | 127,556 |  | $ | 117,564
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value | The table summarizes the effect of the fair value of interest rate swap and cross-currency interest rate swap derivative instruments that qualify for derivative hedge accounting and its associated tax effect on accumulated other comprehensive income/(loss) (in thousands):
Derivatives designated as cash flow hedging instruments |  | Balance Sheet Classification |  | August 31, 2025 |  | August 31, 2024
|  | Fair Value |  | Net Tax Effect |  | Net OCI |  | Fair Value |  | Net Tax Effect |  | Net OCI
Cross-currency interest rate swaps |  | Other current assets |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 4,030 |  | $ | (1,411) |  | $ | 2,619
Cross-currency interest rate swaps |  | Other non-current assets |  | — |  |  | — |  |  | — |  |  | 259 |  | (90) |  |  | 169
Cross-currency interest rate swaps |  | Other current liabilities |  | — |  |  | — |  |  | — |  |  | (1,179) |  |  | 413 |  | (766) |
Cross-currency interest rate swaps |  | Other long-term liabilities |  | (5,381) |  |  | 1,884 |  |  | (3,497) |  |  | (1,778) |  | 622 |  | (1,156)
Interest rate swaps |  | Other non-current assets |  | 701 |  |  | (157) |  |  | 544 |  |  | 1,223 |  | (274) |  | 949
Interest rate swaps |  | Other long-term liabilities |  | (815) |  |  | 207 |  |  | (608) |  |  | (322) |  | 90 |  | (232)
Net fair value of derivatives designated as hedging instruments |  | $ | (5,495) |  |  | $ | 1,934 |  |  | $ | (3,561) |  |  | $ | 2,233 |  | $ | (650) |  | $ | 1,583
Schedule of Open Non-Deliverable Forward Foreign Exchange Contract | The following table summarizes the non-deliverable forward foreign exchange contracts that are open as of August 31, 2025:
Financial Derivative (Counterparty) |  | Subsidiary |  | Dates Entered into (Range) |  | Derivative Financial Instrument |  | Total Notional Amounts (in thousands) |  | Settlement Dates (Range)
Citibank, N.A. ("Citi") |  | Colombia |  | 20-Feb-2025 - 15-Aug-2025 |  | Forward foreign exchange contracts (USD) |  | $ | 19,000 |  | 25-Sep-2025 - 25-Feb-2026

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- Definition Tabular disclosure for cash flow hedging instruments of (a) the location and amount of gains and losses reported in the statement of financial performance and (b) the location and fair value amounts of the instruments reported in the statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4E -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4E Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4C -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4C Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4A -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4B -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4B + Details
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- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 182 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480401/815-10-55-182 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4A -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4E -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4E Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4B -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4B + Details
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- Definition Tabular disclosure of interest rate derivatives, including, but not limited to, the fair value of the derivatives, statement of financial position location, and statement of financial performance location of these instruments. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4E -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4E Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4C -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4C Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4A -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4B -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4B + Details
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