CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	May 31, 2020	Aug. 31, 2019
Current Assets:
Cash and cash equivalents	$ 261,788	$ 102,653
Short-term restricted cash	240	54
Short-term investments	40,042	17,045
Receivables, net of allowance for doubtful accounts of $126 as of May 31, 2020 and $144 as of August 31, 2019, respectively	10,886	9,872
Merchandise inventories	268,762	331,273
Prepaid expenses and other current assets (includes $0 and $2,736 as of May 31, 2020 and August 31, 2019, respectively, for the fair value of derivative instruments)	24,736	30,999
Total current assets	606,454	491,896
Long-term restricted cash	3,996	3,529
Property and equipment, net	700,388	671,151
Operating lease right-of-use assets, net	121,802
Goodwill	45,316	46,101
Other intangibles, net	10,772	12,576
Deferred tax assets	21,178	15,474
Other non-current assets (includes $428 and $0 as of May 31, 2020 and August 31, 2019, respectively, for the fair value of derivative instruments)	53,965	44,987
Investment in unconsolidated affiliates	10,618	10,697
Total Assets	1,574,489	1,296,411
Current Liabilities:
Short-term borrowings	70,886	7,540
Accounts payable	283,045	286,219
Accrued salaries and benefits	28,017	25,401
Deferred income	24,154	25,340
Income taxes payable	9,613	4,637
Other accrued expenses and other current liabilities (includes $30 and $0 as of May 31, 2020 and August 31, 2019, respectively, for the fair value of derivative instruments)	35,622	32,442
Operating lease liabilities, current portion	8,409
Dividends payable	10,719
Long-term debt, current portion	22,784	25,875
Total current liabilities	493,249	407,454
Deferred tax liability	1,489	2,015
Long-term portion of deferred rent		11,198
Long-term income taxes payable, net of current portion	4,865	5,069
Long-term operating lease liabilities	126,275
Long-term debt, net of current portion	117,045	63,711
Other long-term liabilities (includes $5,567 and $2,910 for the fair value of derivative instruments and $6,099 and $5,421 for post-employment plans as of May 31, 2020 and August 31, 2019, respectively)	11,963	8,685
Total Liabilities	754,886	498,132
Stockholders' Equity:
Common stock $0.0001 par value, 45,000,000 shares authorized; 31,425,075 and 31,461,359 shares issued and 30,648,990 and 30,538,788 shares outstanding (net of treasury shares) as of May 31, 2020 and August 31, 2019, respectively	3	3
Additional paid-in capital	444,403	443,084
Tax benefit from stock-based compensation	11,486	11,486
Accumulated other comprehensive loss	(168,019)	(144,339)
Retained earnings	562,408	525,804
Less: treasury stock at cost, 776,085 shares as of May 31, 2020 and 924,332 shares as of August 31, 2019	(31,615)	(38,687)
Total stockholders' equity attributable to PriceSmart, Inc. stockholders	818,666	797,351
Noncontrolling interest in consolidated subsidiaries	937	928
Total stockholders' equity	819,603	798,279
Total Liabilities and Equity	$ 1,574,489	$ 1,296,411