CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Aug. 31, 2020	Aug. 31, 2019
Current Assets:
Cash and cash equivalents	$ 299,481	$ 102,653
Short-term restricted cash	185	54
Short-term investments	46,509	17,045
Receivables, net of allowance for doubtful accounts of $147 as of August 31, 2020 and $144 as of August 31, 2019, respectively	13,153	9,872
Merchandise inventories	309,509	331,273
Prepaid expenses and other current assets (includes $0 and $2,736 as of August 31, 2020 and August 31, 2019, respectively, for the fair value of derivative instruments)	30,165	30,999
Total current assets	699,002	491,896
Long-term restricted cash	4,105	3,529
Property and equipment, net	692,279	671,151
Operating lease right-of-use assets, net	119,533
Goodwill	45,206	46,101
Other intangibles, net	10,166	12,576
Deferred tax assets	21,672	15,474
Other non-current assets (includes $872 and $0 as of August 31, 2020 and August 31, 2019, respectively, for the fair value of derivative instruments)	54,260	44,987
Investment in unconsolidated affiliates	10,602	10,697
Total Assets	1,656,825	1,296,411
Current Liabilities:
Short-term borrowings	65,143	7,540
Accounts payable	373,172	286,219
Accrued salaries and benefits	32,946	25,401
Deferred income	23,525	25,340
Income taxes payable	7,727	4,637
Other accrued expenses and other current liabilities	37,731	32,442
Operating lease liabilities, current portion	8,594
Long-term debt, current portion	19,437	25,875
Total current liabilities	568,275	407,454
Deferred tax liability	1,713	2,015
Long-term portion of deferred rent		11,198
Long-term income taxes payable, net of current portion	5,132	5,069
Long-term operating lease liabilities	124,181
Long-term debt, net of current portion	112,610	63,711
Other long-term liabilities (includes $4,685 and $2,910 for the fair value of derivative instruments and $6,155 and $5,421 for post-employment plans as of August 31, 2020 and August 31, 2019, respectively)	12,182	8,685
Total Liabilities	824,093	498,132
Stockholders' Equity:
Common stock $0.0001 par value, 45,000,000 shares authorized; 31,417,576 and 31,461,359 shares issued and 30,670,712 and 30,537,027 shares outstanding (net of treasury shares) as of August 31, 2020 and August 31, 2019, respectively	3	3
Additional paid-in capital	442,969	443,084
Tax benefit from stock-based compensation	11,486	11,486
Accumulated other comprehensive loss	(176,820)	(144,339)
Retained earnings	582,487	525,804
Less: treasury stock at cost, 746,864 shares as of August 31, 2020 and 924,332 shares as of August 31, 2019	(28,406)	(38,687)
Total stockholders' equity attributable to PriceSmart, Inc. stockholders	831,719	797,351
Noncontrolling interest in consolidated subsidiaries	1,013	928
Total stockholders' equity	832,732	798,279
Total Liabilities and Equity	$ 1,656,825	$ 1,296,411