CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	May 31, 2018	Aug. 31, 2017
Current Assets:
Cash and cash equivalents	$ 141,164	$ 162,434
Short-term restricted cash	676	460
Receivables, net of allowance for doubtful accounts of $32 and $7 as of May 31, 2018 and August 31, 2017, respectively	8,998	6,460
Merchandise inventories	326,200	310,946
Prepaid expenses and other current assets	32,680	30,070
Total current assets	509,718	510,370
Long-term restricted cash	2,973	2,818
Property and equipment, net	597,240	557,829
Goodwill	51,351	35,642
Other intangibles, net	15,593
Deferred tax assets	10,509	15,412
Other non-current assets (includes $4,081 and $2,547 as of May 31, 2018 and August 31, 2017, respectively, for the fair value of derivative instruments)	48,317	44,678
Investment in unconsolidated affiliates	10,769	10,765
Total Assets	1,246,470	1,177,514
Current Liabilities:
Short-term borrowings	334
Accounts payable	268,976	272,248
Accrued salaries and benefits	23,594	19,151
Deferred income	23,785	22,100
Income taxes payable	5,124	5,044
Other accrued expenses	28,852	26,483
Dividends payable	10,652
Long-term debt, current portion	14,644	18,358
Total current liabilities	375,961	363,384
Deferred tax liability	5,884	1,812
Long-term portion of deferred rent	8,915	8,914
Long-term income taxes payable, net of current portion	7,740	909
Long-term debt, net of current portion	91,208	87,939
Other long-term liabilities (includes $537 and $682 for the fair value of derivative instruments and $5,115 and $5,051 for post-employment plans as of May 31, 2018 and August 31, 2017, respectively)	6,063	5,789
Total Liabilities	495,771	468,747
Stockholders' Equity:
Common stock, $0.0001 par value, 45,000,000 shares authorized; 31,369,568 and 31,275,727 shares issued and 30,472,064 and 30,400,742 shares outstanding (net of treasury shares) as of May 31, 2018 and August 31, 2017, respectively	3	3
Additional paid-in capital	430,133	422,395
Tax benefit from stock-based compensation	11,486	11,486
Accumulated other comprehensive loss	(108,576)	(110,059)
Retained earnings	454,901	420,866
Less: treasury stock at cost, 897,504 and 874,985 shares as of May 31, 2018 and August 31, 2017, respectively	(37,840)	(35,924)
Total stockholders' equity attributable to PriceSmart, Inc. stockholders	750,107	708,767
Noncontrolling interest in consolidated subsidiaries	592
Total stockholders' equity	750,699	708,767
Total Liabilities and Equity	$ 1,246,470	$ 1,177,514