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SEGMENTS (Tables)
12 Months Ended
Aug. 31, 2024
Segment Reporting [Abstract]  
Summary 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
Year Ended August 31, 2024
Revenue from external customers$39,438 $2,965,772 $1,352,030 $556,658 $— $4,913,898 
Intersegment revenues1,759,335 31,101 5,641 4,815 (1,800,892)— 
Depreciation, property and equipment5,963 42,990 19,607 14,051 — 82,611 
Operating income24,868 227,986 95,642 15,231 (142,783)220,944 
Interest income from external sources2,382 7,291 1,175 201 — 11,049 
Interest income from intersegment sources4,618 4,020 376 — (9,014)— 
Interest expense from external sources1,118 2,843 2,719 6,279 — 12,959 
Interest expense from intersegment sources2,261 3,531 1,154 2,103 (9,049)— 
Provision for income taxes20,961 31,761 8,880 1,016 — 62,618 
Net income attributable to PriceSmart, Inc.5,324 192,128 77,983 6,223 (142,783)138,875 
Long-lived assets (other than deferred tax assets)72,727 614,382 224,019 199,404 — 1,110,532 
Goodwill8,981 24,193 10,023 — — 43,197 
Investment in unconsolidated affiliates— 6,882 — — — 6,882 
Total assets220,076 1,065,493 451,265 285,860 — 2,022,694 
Capital expenditures, net10,591 108,506 38,777 13,668 — 171,542 
 
Year Ended August 31, 2023
Revenue from external customers$31,741 $2,671,083 $1,269,307 $439,711 $— $4,411,842 
Intersegment revenues1,538,588 27,709 5,621 4,466 (1,576,384)— 
Depreciation, property and equipment5,482 37,053 19,188 10,210 — 71,933 
Amortization, Intangibles765 — — — — 765 
Operating income (loss)29,844 191,721 87,223 15,467 (139,739)184,516 
Interest income from external sources3,604 3,977 2,135 155 — 9,871 
Interest income from intersegment sources2,454 1,603 253 — (4,310)— 
Interest expense from external sources1,165 2,664 3,251 3,940 — 11,020 
Interest expense from intersegment sources75 1,258 1,041 1,939 (4,313)— 
Provision (benefit) for income taxes23,283 28,045 9,873 (1,250)— 59,951 
Net income attributable to PriceSmart, Inc.9,540 159,014 68,635 11,755 (139,739)109,205 
Long-lived assets (other than deferred tax assets)71,919 566,139 210,000 205,295 — 1,053,353 
Goodwill8,981 24,083 10,046 — — 43,110 
Investment in unconsolidated affiliates— 10,479 — — — 10,479 
Total assets302,115 995,881 425,145 282,467 — 2,005,608 
Capital expenditures, net10,204 79,526 24,234 29,948 — 143,912 
Year Ended August 31, 2022
Revenue from external customers$48,716 $2,382,163 $1,156,607 $478,607 $— $4,066,093 
Intersegment revenues1,492,648 22,119 5,857 3,600 (1,524,224)— 
Depreciation, property and equipment4,719 34,155 17,061 10,320 — 66,255 
Amortization, Intangibles1,613 — — — — 1,613 
Operating income (loss)23,364 171,119 79,022 22,526 (128,965)167,066 
Interest income from external sources147 1,115 863 76 — 2,201 
Interest income from intersegment sources1,789 1,954 255 — (3,998)— 
Interest expense from external sources1,225 3,107 2,163 3,116 — 9,611 
Interest expense from intersegment sources27 1,187 1,821 899 (3,934)— 
Provision for income taxes19,629 23,396 8,106 727 — 51,858 
Net income attributable to PriceSmart, Inc.8,292 144,159 62,799 18,268 (128,984)104,534 
Long-lived assets (other than deferred tax assets)70,978 498,204 218,021 175,194 — 962,397 
Intangibles, net765 — — — — 765 
Goodwill8,981 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 
Capital expenditures, net5,119 46,959 36,610 33,654 — 122,342 
(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.