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SEGMENTS (Tables)
6 Months Ended
Feb. 28, 2023
Segment Reporting [Abstract]  
Schedule of Segment Revenues, Operating Costs and Balance Sheet Items
The following tables summarize by segment certain revenues, operating costs and balance sheet items (in thousands):
United
States
Operations
Central
American
Operations
Caribbean
Operations(1)
Colombia Operations
Reconciling
Items(2)
Total
Three Months Ended February 28, 2023
Revenue from external customers$6,882 $694,210 $332,306 $108,791 $— $1,142,189 
Intersegment revenues365,177 6,801 1,137 1,175 (374,290)— 
Depreciation, Property and equipment1,478 8,925 4,792 2,299 — 17,494 
Amortization, Intangibles381 — — — — 381 
Operating income (loss)6,964 56,633 25,474 4,662 (39,933)53,800 
Net income (loss) attributable to PriceSmart, Inc.1,279 46,442 20,424 3,135 (39,933)31,347 
Capital expenditures, net3,338 16,067 3,968 5,031 — 28,404 
Six Months Ended February 28, 2023
Revenue from external customers$17,340 $1,323,289 $639,831 $216,535 $— $2,196,995 
Intersegment revenues772,817 13,383 2,651 1,880 (790,731)— 
Depreciation, Property and equipment2,856 17,724 9,423 4,675 — 34,678 
Amortization, Intangibles765 — — — — 765 
Operating income (loss)20,556 106,763 49,977 9,530 (77,499)109,327 
Net income (loss) attributable to PriceSmart, Inc.7,104 88,448 39,708 6,491 (77,499)64,252 
Long-lived assets (other than deferred tax assets)74,226 524,474 209,684 169,934 — 978,318 
Goodwill8,981 24,149 10,055 — — 43,185 
Total assets221,076 959,064 474,637 231,395 — 1,886,172 
Capital expenditures, net8,829 28,311 7,369 9,314 — 53,823 
Three Months Ended February 28, 2022
Revenue from external customers$8,722 $614,381 $293,680 $121,774 $— $1,038,557 
Intersegment revenues372,536 5,030 1,333 779 (379,678)— 
Depreciation, Property and equipment1,541 8,598 4,023 2,556 — 16,718 
Amortization, Intangibles380 — — — — 380 
Operating income (loss)8,299 46,052 21,755 6,124 (33,908)48,322 
Net income (loss) attributable to PriceSmart, Inc.3,176 38,750 17,624 5,819 (33,908)31,461 
Capital expenditures, net1,298 13,361 14,974 3,702 — 33,335 
Six Months Ended February 28, 2022
Revenue from external customers$22,706 $1,185,885 $566,168 $239,154 $— $2,013,913 
Intersegment revenues786,879 10,028 2,777 1,601 (801,285)— 
Depreciation, Property and equipment2,006 16,898 8,041 4,920 — 31,865 
Amortization, Intangibles836 — — — — 836 
Operating income (loss)14,556 89,431 41,633 12,502 (63,783)94,339 
Net income (loss) attributable to PriceSmart, Inc.6,548 74,650 34,074 10,502 (63,802)61,972 
Long-lived assets (other than deferred tax assets)75,543 497,585 212,418 176,911 — 962,457 
Goodwill8,982 24,309 10,043 — — 43,334 
Total assets191,677 860,718 463,236 257,699 — 1,773,330 
Capital expenditures, net3,207 26,051 22,047 16,085 — 67,390 
As of August 31, 2022
Long-lived assets (other than deferred tax assets)$71,743 $498,204 $218,021 $175,194 $— $963,162 
Goodwill
8,981 24,250 10,072 — — 43,303 
Investment in unconsolidated affiliates
— 10,534 — — — 10,534 
Total assets230,411 867,898 474,411 235,680 — 1,808,400 
(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.