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STOCKHOLDERS' EQUITY (Tables)
6 Months Ended
Feb. 28, 2025
Equity [Abstract]  
Schedule of Dividends
The following table summarizes the dividends declared and paid during fiscal years 2025 and 2024 (amounts are per share):
First PaymentSecond Payment
DeclaredAmountRecord
Date
Date
Paid
Date
Payable
AmountRecord
Date
Date
Paid
Date
Payable
Amount
2/1/2024$1.16 2/15/20242/29/2024N/A$0.58 8/15/20248/30/2024N/A$0.58 
4/3/2024$1.00 4/19/20244/30/2024N/A$1.00 N/AN/AN/AN/A
2/6/2025$1.26 2/18/20252/28/2025N/A$0.63 8/15/2025N/A8/29/2025$0.63 
Schedule of Components of Other Comprehensive Income (Loss) and Accumulated Other Comprehensive Loss
The following tables disclose the effects on accumulated other comprehensive loss of each component of other comprehensive income (loss), net of tax (in thousands):
Amount
Beginning balance, December 1, 2024$(167,606)
Foreign currency translation adjustments7,345 
Defined benefit pension plans (1)
56 
Derivative instruments (2)
(435)
Ending balance, February 28, 2025$(160,640)
Amount
Beginning balance, December 1, 2023$(160,412)
Foreign currency translation adjustments6,697 
Defined benefit pension plans (1)
90 
Derivative instruments (2)
(1,664)
Ending balance, February 29, 2024$(155,289)
Amount
Beginning balance, September 1, 2024$(164,590)
Foreign currency translation adjustments4,492 
Defined benefit pension plans (1)
127 
Derivative instruments (2)
(669)
Ending balance, February 28, 2025$(160,640)
Amount
Beginning balance, September 1, 2023$(163,992)
Foreign currency translation adjustments10,233 
Defined benefit pension plans (1)
211 
Derivative instruments (2)
(1,741)
Ending balance, February 29, 2024$(155,289)
Amount
Beginning balance, September 1, 2023$(163,992)
Foreign currency translation adjustments693 
Defined benefit pension plans (1)
501 
Derivative instruments (2)
(2,189)
Amounts reclassified from accumulated other comprehensive loss397 
Ending balance, August 31, 2024$(164,590)
(1)Amounts reclassified from accumulated other comprehensive 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."
Schedule of 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):
February 28,
2025
August 31,
2024
Retained earnings not available for distribution
$9,735 $9,615 
Schedule of Class of Treasury Stock
Share repurchase activity under the Company’s repurchase programs for the periods indicated was as follows (total cost in thousands):
Three Months EndedSix Months Ended
February 28,
2025
February 29,
2024
February 28,
2025
February 29,
2024
Number of common shares acquired
935,663
Average price per common share acquired$$$$74.13
Total cost of common shares acquired$$$$69,362