CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	May 31, 2019	Aug. 31, 2018
Current Assets:
Cash and cash equivalents	$ 106,445	$ 93,460
Short-term restricted cash	4,136	405
Short-term investments	17,023	32,304
Receivables, net of allowance for doubtful accounts of $165 as of May 31, 2019 and $97 as of August 31, 2018, respectively	9,543	8,859
Merchandise inventories	326,724	321,025
Prepaid expenses and other current assets	36,649	31,800
Total current assets	500,520	487,853
Long-term restricted cash	3,402	3,049
Property and equipment, net	629,063	594,403
Goodwill	46,158	46,329
Other intangibles, net	13,182	14,980
Deferred tax assets	13,846	10,166
Other non-current assets (includes $2,742 and $4,364 as of May 31, 2019 and August 31, 2018, respectively, for the fair value of derivative instruments)	44,983	48,854
Investment in unconsolidated affiliates	10,710	10,758
Total Assets	1,261,864	1,216,392
Current Liabilities:
Short-term borrowings	2,152
Accounts payable	271,298	255,739
Accrued salaries and benefits	23,813	22,836
Deferred income	25,070	23,018
Income taxes payable	4,219	4,636
Other accrued expenses	29,576	28,281
Dividends payable	10,672
Long-term debt, current portion	23,480	14,855
Total current liabilities	390,280	349,365
Deferred tax liability	1,766	1,894
Long-term portion of deferred rent	9,867	8,885
Long-term income taxes payable, net of current portion	4,538	4,622
Long-term debt, net of current portion	69,476	87,720
Other long-term liabilities (includes $1,161 and $502 for the fair value of derivative instruments and $5,376 and $4,715 for post-employment plans as of May 31, 2019 and August 31, 2018, respectively)	6,882	5,268
Total Liabilities	482,809	457,754
Stockholders' Equity:
Common stock, $0.0001 par value, 45,000,000 shares authorized; 31,440,379 and 31,372,752 shares issued and 30,539,966 and 30,460,353 shares outstanding (net of treasury shares) as of May 31, 2019 and August 31, 2018, respectively	3	3
Additional paid-in capital	440,373	432,882
Tax benefit from stock-based compensation	11,486	11,486
Accumulated other comprehensive loss	(141,168)	(121,216)
Retained earnings	505,127	473,954
Less: treasury stock at cost, 900,413 shares as of May 31, 2019 and 912,399 shares as of August 31, 2018	(37,228)	(39,107)
Total stockholders' equity attributable to PriceSmart, Inc. stockholders	778,593	758,002
Noncontrolling interest in consolidated subsidiaries	462	636
Total stockholders' equity	779,055	758,638
Total Liabilities and Equity	$ 1,261,864	$ 1,216,392