CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Aug. 31, 2018	Aug. 31, 2017
Current Assets:
Cash and cash equivalents	$ 93,460	$ 162,434
Short-term restricted cash	405	460
Short-term investments	32,304
Receivables, net of allowance for doubtful accounts of $97 as of August 31, 2018 and $7 as of August 31, 2017, respectively	8,859	6,460
Merchandise inventories	321,025	310,946
Prepaid expenses and other current assets	31,800	30,070
Total current assets	487,853	510,370
Long-term restricted cash	3,049	2,818
Property and equipment, net	594,403	557,829
Goodwill	46,329	35,642
Other intangibles, net	14,980
Deferred tax assets	10,166	15,412
Other non-current assets (includes $4,364 and $2,547 as of August 31, 2018 and August 31, 2017, respectively, for the fair value of derivative instruments)	48,854	44,678
Investment in unconsolidated affiliates	10,758	10,765
Total Assets	1,216,392	1,177,514
Current Liabilities:
Accounts payable	255,739	272,248
Accrued salaries and benefits	22,836	19,151
Deferred income	23,018	22,100
Income taxes payable	4,636	5,044
Other accrued expenses	28,281	26,483
Long-term debt, current portion	14,855	18,358
Total current liabilities	349,365	363,384
Deferred tax liability	1,894	1,812
Long-term portion of deferred rent	8,885	8,914
Long-term income taxes payable, net of current portion	4,622	909
Long-term debt, net of current portion	87,720	87,939
Other long-term liabilities (includes $502 and $682 for the fair value of derivative instruments and $4,715 and $5,051 for post-employment plans as of August 31, 2018 and August 31, 2017, respectively)	5,268	5,789
Total Liabilities	457,754	468,747
Stockholders' Equity:
Common stock, $0.0001 par value, 45,000,000 shares authorized; 31,372,752 and 31,275,727 shares issued and 30,460,353 and 30,400,742 shares outstanding (net of treasury shares) as of August 31, 2018 and August 31, 2017, respectively	3	3
Additional paid-in capital	432,882	422,395
Tax benefit from stock-based compensation	11,486	11,486
Accumulated other comprehensive loss	(121,216)	(110,059)
Retained earnings	473,954	420,866
Less: treasury stock at cost, 912,399 and 874,985 shares as of August 31, 2018 and August 31, 2017, respectively	(39,107)	(35,924)
Total stockholders' equity attributable to PriceSmart, Inc. stockholders	758,002	708,767
Noncontrolling interest in consolidated subsidiaries	636
Total stockholders' equity	758,638	708,767
Total Liabilities and Equity	$ 1,216,392	$ 1,177,514