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STOCKHOLDERS' EQUITY
3 Months Ended
Nov. 30, 2021
STOCKHOLDERS' EQUITY [Abstract]  
STOCKHOLDERS' EQUITY NOTE 5 – STOCKHOLDERS’ EQUITY Dividends No dividends were declared by the Company’s Board of Directors during the first three months of fiscal year 2022. The following table summarizes the dividends declared and paid during fiscal year 2021 (amounts are per share). First Payment Second PaymentDeclared Amount Record‎Date Date‎Paid Amount Record‎Date Date‎Paid Amount2/4/2021 $ 0.70 2/15/2021 2/26/2021 0.35 8/15/2021 8/31/2021 0.35 The Company anticipates the ongoing payment of semi-annual dividends in subsequent periods, although the actual declaration of future dividends, if any, the amount of such dividends, and the establishment of record and payment dates is subject to final determination by the Board of Directors at its discretion after its review of the Company’s financial performance and anticipated capital requirements, taking into account the uncertainty surrounding the ongoing effects of the COVID-19 pandemic on our results of operations and cash flows. Other Comprehensive Income (Loss) and Accumulated Other Comprehensive Loss The following tables disclose the effects on accumulated other comprehensive loss of each component of other comprehensive income (loss), net of tax (in thousands): Attributable to Noncontrolling PriceSmart Interests TotalBeginning balance, September 1, 2021$ (182,508) 251 $ (182,257)Foreign currency translation adjustments (8,131) 3 (8,128)Defined benefit pension plans (1) 51 — 51Derivative instruments (2) 1,949 — 1,949Sale of Aeropost — (254) (254)Ending balance, November 30, 2021$ (188,639) $ — $ (188,639) Attributable to Noncontrolling PriceSmart Interests TotalBeginning balance, September 1, 2020$ (176,820) $ 134 $ (176,686)Foreign currency translation adjustments 2,761 31 2,792Defined benefit pension plans (1) 93 — 93Derivative Instruments (2) 308 — 308Ending balance, November 30, 2020$ (173,658) $ 165 $ (173,493) Attributable to Noncontrolling PriceSmart Interests TotalBeginning balance, September 1, 2020$ (176,820) $ 134 $ (176,686)Foreign currency translation adjustments (7,837) 117 (7,720)Defined benefit pension plans (1) (230) — (230)Derivative Instruments (2) 2,252 — 2,252Amounts reclassified from accumulated other comprehensive loss 127 — 127Ending balance, August 31, 2021$ (182,508) $ 251 $ (182,257) (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 Note 8 - Derivative Instruments and Hedging Activities.   Retained Earnings Not Available for Distribution The following table summarizes retained earnings designated as legal reserves of various subsidiaries which cannot be distributed as dividends to PriceSmart, Inc. according to applicable statutory regulations (in thousands): November 30, August 31, 2021 2021Retained earnings not available for distribution $ 8,136 $ 8,022