CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	May 31, 2018	May 31, 2017
Operating Activities:
Net income attributable to PriceSmart, Inc.	$ 55,332	$ 70,926
Adjustments to reconcile net income attributable to PriceSmart, Inc. to net cash provided by operating activities:
Depreciation and amortization	38,378	34,445
Allowance for doubtful accounts	25
Asset impairment and closure costs	1,929
(Gain)/loss on sale of property and equipment	587	1,106
Deferred income taxes	6,537	3,143
Equity in (gains) losses of unconsolidated affiliates	(3)	1
Stock-based compensation	7,469	7,328
Change in operating assets and liabilities:
Receivables, prepaid expenses and other current assets, non-current assets, accrued salaries and benefits, deferred membership income and other accruals	3,173	(717)
Merchandise inventories	(15,254)	3,490
Accounts payable	(7,408)	(32,825)
Net cash provided by (used in) operating activities	90,765	86,897
Investing Activities:
Business acquisition, net of cash acquired	(23,895)
Additions to property and equipment	(74,788)	(99,541)
Deposits for land purchase option agreements	300	(300)
Proceeds from disposal of property and equipment	93	335
Net cash provided by (used in) investing activities	(98,290)	(99,506)
Financing Activities:
Proceeds from long-term bank borrowings	28,500	47,700
Repayment of long-term bank borrowings	(28,931)	(11,009)
Proceeds from short-term bank borrowings	82,092	678
Repayment of short-term bank borrowings	(81,758)	(17,179)
Cash dividend payments	(10,645)	(10,641)
Purchase of treasury stock for tax withholding on stock compensation	(1,916)	(2,011)
Proceeds from exercise of stock options	269	433
Net cash provided by (used in) financing activities	(12,389)	7,971
Effect of exchange rate changes on cash and cash equivalents and restricted cash	(985)	(2,391)
Net increase (decrease) in cash, cash equivalents	(20,899)	(7,029)
Cash, cash equivalents and restricted cash at beginning of period	165,712	202,716
Cash, cash equivalents and restricted cash at end of period	144,813	195,687
Reconciliation of cash, cash equivalents, and restricted cash:
Total cash and cash equivalents, and restricted cash shown in statement of cash flows	$ 165,712	$ 202,716