PROPERTY AND EQUIPMENT, NET (Tables)

12 Months Ended

Aug. 31, 2014

Property, Plant and Equipment [Abstract]

Property and Equipment, Net

Property and equipment consist of the following (in thousands):

	August 31,
	2014			2013
Land and land improvements	$	124,082		$	100,108
Building and building improvements	244,485			228,257
Fixtures and equipment	148,143			119,242
Construction in progress	55,664			23,657
Total property and equipment, historical cost	572,374			471,264
Less: accumulated depreciation	(146,049		)	(132,786		)
Property and equipment, net	$	426,325		$	338,478

Depreciation and amortization expense (in thousands):

	Years Ended August 31,
	2014		2013		2012
Depreciation and amortization expense	$	28,475	$	24,444	$	23,739

A summary of asset disposal activity for fiscal years 2014, 2013 and 2012 is as follows (in thousands):

	Historical Cost		Accumulated Depreciation		Other Costs		Proceeds from disposal		Gain/(Loss) recognized
Fiscal Year 2014	$	14,733	$	13,146	$	—	$	142	$	(1,445	)
Fiscal Year 2013	$	5,282	$	4,129	$	—	$	264	$	(889	)
Fiscal Year 2012	$	4,700	$	4,250	$	—	$	138	$	(312	)

The Company recorded within accounts payable and other accrued expenses at the end of fiscal year 2014 approximately $1.9 million and $1.2 million, respectively, in liabilities related to the acquisition and/or construction of property and equipment. As of the end of fiscal year 2013, the Company recorded within other accrued expenses approximately $3.2 million in liabilities, related to the acquisition of land in Tegucigalpa, Honduras, upon which the Company constructed and opened its third warehouse club in Honduras in the spring of 2014.

Schedule of Total interest capitalized [Table Text Block]

Total interest capitalized (in thousands):

	As of August 31, 2014		As of August 31, 2013
Total interest capitalized	$	6,542	$	5,560

Total interest capitalized (in thousands):

	Twelve Months Ended August 31,
	2014		2013		2012
Interest capitalized	$	1,482	$	1,353	$	250

Summary of Asset Disposal Activity

A summary of asset disposal activity for fiscal years 2014, 2013 and 2012 is as follows (in thousands):

	Historical Cost		Accumulated Depreciation		Other Costs		Proceeds from disposal		Gain/(Loss) recognized
Fiscal Year 2014	$	14,733	$	13,146	$	—	$	142	$	(1,445	)
Fiscal Year 2013	$	5,282	$	4,129	$	—	$	264	$	(889	)
Fiscal Year 2012	$	4,700	$	4,250	$	—	$	138	$	(312	)