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SEGMENTS (Summary of Segment Revenues, Operating Costs and Balance Sheet Items) (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Aug. 31, 2020
May 31, 2020
Feb. 29, 2020
[1]
Nov. 30, 2019
Aug. 31, 2019
May 31, 2019
Feb. 28, 2019
Nov. 30, 2018
Aug. 31, 2018
May 31, 2018
Feb. 28, 2018
[1]
Nov. 30, 2017
Aug. 31, 2020
Aug. 31, 2019
Aug. 31, 2018
Segment Reporting Information [Line Items]                              
Revenue                         $ 3,329,188 $ 3,223,918 $ 3,166,702
Depreciation, Property and equipment                         58,815 52,554 51,520
Amortization, Intangibles                         2,410 2,404 1,120
Operating income (loss)                         122,468 115,167 126,052
Interest income from external sources                         2,031 1,489 1,415
Interest expense from external sources                         7,625 3,939 5,072
Provision for income taxes                         37,764 37,560 48,177
Net income (loss) attributable to PriceSmart Inc. $ 20,076 $ 12,705 $ 25,600 $ 19,728 $ 20,673 $ 14,096 $ 23,810 $ 14,612 $ 18,996 $ 18,694 $ 14,148 $ 22,490 78,109 73,191 74,328
Long-lived assets (other than deferred tax assets) 880,780 [2]       730,365       657,062       880,780 [2] 730,365 657,062
Intangibles, net 10,166       12,576       14,980       10,166 12,576 14,980
Goodwill 45,206       46,101       46,329       45,206 46,101 46,329
Investment in unconsolidated affiliates 10,602       10,697       10,758       10,602 10,697 10,758
Total assets 1,656,825       1,296,411       1,216,392       1,656,825 1,296,411 1,216,392
Capital expenditures, net                         104,247 145,667 95,850
United States Operations Segment [Member]                              
Segment Reporting Information [Line Items]                              
Revenue                         73,703 68,335 57,445
Depreciation, Property and equipment                         6,888 5,334 7,373
Amortization, Intangibles                         2,410 2,404 1,120
Operating income (loss)                         3,873 3,805 2,016
Interest income from external sources                         7 74 25
Interest income from intersegment sources                         2,065 1,408 747
Interest expense from external sources                         1,890 1,377 1,465
Interest expense from intersegment sources                         39 60 16
Provision for income taxes                         10,106 11,280 19,977
Net income (loss) attributable to PriceSmart Inc.                         (7,578) (8,518) (19,811)
Long-lived assets (other than deferred tax assets) 81,008 [2]       65,278       67,650       81,008 [2] 65,278 67,650
Intangibles, net 10,166       12,576       14,980       10,166 12,576 14,980
Goodwill 10,696       11,315       11,230       10,696 11,315 11,230
Total assets 272,190       161,583       164,008       272,190 161,583 164,008
Capital expenditures, net                         6,072 [2] 8,439 2,252
Central American Operations Segment [Member]                              
Segment Reporting Information [Line Items]                              
Revenue                         1,895,857 1,831,761 1,839,810
Depreciation, Property and equipment                         29,312 24,684 23,391
Operating income (loss)                         125,351 122,629 130,849
Interest income from external sources                         612 499 487
Interest income from intersegment sources                         2,566 1,877 1,245
Interest expense from external sources                         3,425 2,368 3,210
Interest expense from intersegment sources                         1,547 1,505 1,042
Provision for income taxes                         20,001 19,429 20,767
Net income (loss) attributable to PriceSmart Inc.                         103,697 100,614 107,401
Long-lived assets (other than deferred tax assets) 475,744 [2]       383,665       320,612       475,744 [2] 383,665 320,612
Goodwill 24,418       24,593       24,903       24,418 24,593 24,903
Investment in unconsolidated affiliates 10,602       10,697       10,758       10,602 10,697 10,758
Total assets 741,523       614,579       550,874       741,523 614,579 550,874
Capital expenditures, net                         48,150 85,962 50,982
Caribbean Operations Segment [Member]                              
Segment Reporting Information [Line Items]                              
Revenue [3]                         993,657 933,886 879,423
Depreciation, Property and equipment [3]                         15,441 14,052 11,596
Operating income (loss) [3]                         57,217 50,724 48,383
Interest income from external sources [3]                         749 568 767
Interest income from intersegment sources [3]                         431 724 730
Interest expense from external sources [3]                         310 (401) (353)
Interest expense from intersegment sources [3]                         2,258 2,132 1,576
Provision for income taxes [3]                         6,416 6,615 5,624
Net income (loss) attributable to PriceSmart Inc. [3]                         50,553 44,168 44,178
Long-lived assets (other than deferred tax assets) [3] 177,166 [2]       165,584       150,516       177,166 [2] 165,584 150,516
Goodwill [3] 10,092       10,193       10,196       10,092 10,193 10,196
Total assets [3] 395,244       340,216       318,837       395,244 340,216 318,837
Capital expenditures, net [3]                         14,460 28,434 39,379
Colombia Operations Segment [Member]                              
Segment Reporting Information [Line Items]                              
Revenue                         365,971 389,936 390,024
Depreciation, Property and equipment                         7,174 8,484 9,160
Operating income (loss)                         18,071 14,909 12,086
Interest income from external sources                         663 348 136
Interest expense from external sources                         2,000 595 750
Interest expense from intersegment sources                         561 8 3
Provision for income taxes                         1,241 236 1,809
Net income (loss) attributable to PriceSmart Inc.                         13,554 14,124 9,917
Long-lived assets (other than deferred tax assets) 146,862 [2]       115,838       118,284       146,862 [2] 115,838 118,284
Total assets $ 247,868       $ 180,033       $ 182,673       247,868 180,033 182,673
Capital expenditures, net                         35,565 22,832 3,237
Intersegment [Member]                              
Segment Reporting Information [Line Items]                              
Revenue [4]                         (1,172,160) (1,223,176) (1,189,995)
Intersegment [Member] | United States Operations Segment [Member]                              
Segment Reporting Information [Line Items]                              
Revenue                         (1,148,004) (1,205,986) (1,184,530)
Intersegment [Member] | Central American Operations Segment [Member]                              
Segment Reporting Information [Line Items]                              
Revenue                         (16,524) (11,185)  
Intersegment [Member] | Caribbean Operations Segment [Member]                              
Segment Reporting Information [Line Items]                              
Revenue [3]                         (4,909) (4,507) (4,472)
Intersegment [Member] | Colombia Operations Segment [Member]                              
Segment Reporting Information [Line Items]                              
Revenue                         (2,723) (1,498) (993)
Reconciling Items [Member]                              
Segment Reporting Information [Line Items]                              
Operating income (loss) [4]                         (82,044) (76,900) (67,282)
Interest income from intersegment sources [4]                         (5,062) (4,009) (2,722)
Interest expense from intersegment sources [4]                         (4,405) (3,705) (2,637)
Net income (loss) attributable to PriceSmart Inc. [4]                         $ (82,117) $ (77,197) $ (67,357)
[1] In the second quarter of fiscal 2018, the Company recorded its provisional tax estimate of $13.4 million as a result of the U.S. Tax Reform Transition Tax. The Company finalized its calculation of this Transition Tax in the fourth quarter of fiscal 2018, reducing it to approximately $12.5 million.
[2] Effective September 1, 2019, we adopted the requirements of Accounting Standards Update (ASU) 2016-02, "Leases (Topic 842)" (ASC 842) using the modified retrospective approach, under which financial results reported in prior periods were not restated. As a result, the Long-lived assets (other than deferred tax assets) as of August 31, 2020 is not comparable with that as of August 31, 2019 and August 31, 2018.
[3] Management considers its club in the U.S. Virgin Islands to be part of its Caribbean operations.
[4] The reconciling items reflect the amount eliminated on consolidation of intersegment transactions.