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SEGMENTS
3 Months Ended
Nov. 30, 2021
SEGMENTS [Abstract]  
SEGMENTS NOTE 9 – SEGMENTS The Company and its subsidiaries are principally engaged in the international operation of membership shopping in 49 warehouse clubs located in 12 countries and one U.S. territory that are located in Central America, the Caribbean and Colombia. In addition, the Company operates distribution centers and corporate offices in the United States. The Company has aggregated its warehouse clubs, distribution centers and corporate offices into reportable segments. The Company’s reportable segments are based on management’s organization of these locations into operating segments by general geographic location, which are used by management and the Company's chief operating decision maker in setting up management lines of responsibility, providing support services, and making operational decisions and assessments of financial performance. Segment amounts are presented after converting to U.S. dollars and consolidating eliminations. Certain revenues, operating costs and inter-company charges included in the United States segment are not allocated to the segments within this presentation, as it is impractical to do so, and they appear as reconciling items to reflect the amount eliminated on consolidation of intersegment transactions. From time to time, the Company revises the measurement of each segment's operating income and net income, including certain corporate overhead allocations, and other measures as determined by the information regularly reviewed by the Company's chief operating decision maker. When the Company does so, the previous period amounts and balances are reclassified to conform to the current period's presentation. The following tables summarize by segment certain revenues, operating costs and balance sheet items (in thousands): United‎States‎Operations Central‎American‎Operations Caribbean‎Operations(1) Colombia Operations Reconciling‎Items(2) TotalThree Months Ended November 30, 2021 Revenue from external customers $ 13,423  $ 572,065 $ 272,487  $ 117,381 $ — $ 975,356Intersegment revenues 414,342 4,998  1,443  822  (421,605) —Depreciation, Property and equipment 465 8,300 4,018  2,364  — 15,147Amortization, Intangibles 456  — — — — 456 Operating income (loss) 6,257 43,379  19,878  6,378  (29,875) 46,017Net income (loss) attributable to PriceSmart, Inc. 3,373 35,900  16,450  4,682  (29,894) 30,511Long-lived assets (other than deferred tax assets) 71,399 495,517  203,042  167,762  — 937,720Intangibles, net 1,922  — — — — 1,922 Goodwill 8,981  24,313  10,038  — — 43,332 Total assets 212,371 867,868  460,381  248,693  — 1,789,313Capital expenditures, net 1,909 12,690 7,073 12,383 — 34,055 Three Months Ended November 30, 2020 Revenue from external customers $ 23,617  $ 494,692  $ 258,516  $ 100,607  $ — $ 877,432 Intersegment revenues 350,103  4,736  1,146  1,129  (357,114) —Depreciation, Property and equipment 1,665  7,694  3,792  1,735  — 14,886 Amortization, Intangibles 599  — — — — 599 Operating income (loss) 5,742  34,445  21,594  5,565  (22,815) 44,531 Net income (loss) attributable to PriceSmart, Inc. (372) 29,238  17,170  4,596  (22,895) 27,737 Long-lived assets (other than deferred tax assets) 81,277  472,892  178,879  159,459  — 892,507 Intangibles, net 9,566  — — — — 9,566 Goodwill 10,695  24,317  10,111  — — 45,123 Total assets 212,434  771,933  436,418  257,210  — 1,677,995 Capital expenditures, net 1,218  7,544  2,458  8,539  — 19,759  As of August 31, 2021 Long-lived assets (other than deferred tax assets) $ 79,404  $ 490,099  $ 197,030  $ 164,970  $ — $ 931,503 Intangibles, net 7,762  — — — — 7,762 Goodwill 10,695  24,332  10,068  — — 45,095 Total assets 246,896  795,940  434,428  228,526  — 1,705,790  (1)Management considers its club in the U.S. Virgin Islands to be part of its Caribbean operations.(2)The reconciling items reflect the amount eliminated on consolidation of intersegment transactions.