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STOCKHOLDERS' EQUITY (Tables)
12 Months Ended
Aug. 31, 2020
STOCKHOLDERS' EQUITY [Abstract]  
Schedule of Dividends

First Payment

Second Payment

Declared

Amount

Record
Date

Date
Paid

Amount

Record
Date

Date
Paid

Amount

2/6/2020

  

$

0.70

  

2/15/2020

  

2/28/2020

  

$

0.35

  

8/15/2020

  

8/31/2020

  

$

0.35

1/30/2019

  

$

0.70

  

2/15/2019

  

2/28/2019

  

$

0.35

  

8/15/2019

  

8/30/2019

  

$

0.35

1/24/2018

  

$

0.70

  

2/14/2018

  

2/28/2018

  

$

0.35

  

8/15/2018

  

8/31/2018

  

$

0.35

Schedule of Components of Other Comprehensive Income (Loss)

Attributable to

Noncontrolling

PriceSmart

Interests

Total

Beginning balance, August 31, 2017

$

(110,059)

$

$

(110,059)

Foreign currency translation adjustments

(12,890)

(1)

(12,891)

Defined benefit pension plans (1)

(87)

(87)

Derivative Instruments (2)

1,785

1,785

Amounts reclassified from accumulated other comprehensive income (loss)

35

35

Ending balance, August 31, 2018

$

(121,216)

$

(1)

$

(121,217)

Foreign currency translation adjustments

(19,717)

21

(19,696)

Defined benefit pension plans (1)

(112)

(112)

Derivative Instruments (2)

(3,369)

(3,369)

Amounts reclassified from accumulated other comprehensive income (loss)

75

75

Ending balance, August 31, 2019

$

(144,339)

$

20

$

(144,319)

Foreign currency translation adjustments

(29,413)

114

(29,299)

Defined benefit pension plans (1)

(79)

(79)

Derivative Instruments (2)

(5,803)

(5,803)

Amounts reclassified from accumulated other comprehensive income (loss)

2,814

2,814

Ending balance, August 31, 2020

$

(176,820)

$

134

$

(176,686)

(1)Amounts reclassified from accumulated other comprehensive income (loss) related to the minimum pension liability are included in warehouse club and other operations in the Company's Consolidated Statements of Income.

(2)Refer to Part II. “Item 8. Financial Statements and Supplementary Data: Notes to Consolidated Financial Statements, Note 13 - Derivative Instruments and Hedging Activities.”

Summary of Retained Earnings Not Available for Distribution

August 31,

August 31,

2020

2019

Retained earnings not available for distribution

$

8,726

$

7,843