SEGMENTS (Tables)

6 Months Ended

Feb. 28, 2025

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, 2025
Revenue from external customers	$	3,987	$	823,871	$	379,866	$	156,162	$	—	$	1,363,886
Intersegment revenues	492,536		7,688		1,657		1,813		(503,694)		—
Depreciation, property and equipment	1,838		11,112		5,566		3,251		—		21,767
Operating income	(1,730)		65,485		28,188		5,398		(32,071)		65,270
Net income	(7,293)		56,357		22,720		4,047		(32,071)		43,760



Capital expenditures, net	2,060		20,571		7,042		2,999		—		32,672

Six Months Ended February 28, 2025
Revenue from external customers	$	13,605	$	1,584,167	$	725,248	$	298,810	$	—	$	2,621,830
Intersegment revenues	1,008,130		17,021		3,482		2,839		(1,031,472)		—
Depreciation, property and equipment	3,606		22,056		10,571		6,396		—		42,629

Operating income	(3,270)		125,200		54,278		9,823		(62,501)		123,530
Net income	(13,538)		107,278		44,397		5,552		(62,501)		81,188
Long-lived assets (other than deferred tax assets)	71,123		637,494		228,800		200,425		—		1,137,842
Goodwill	8,981		24,208		10,029		—		—		43,218
Total assets	213,789		1,106,010		487,795		285,071		—		2,092,665
Capital expenditures, net	2,632		36,016		16,932		5,464		—		61,044

Three Months Ended February 29, 2024
Revenue from external customers	$	8,511	$	780,314	$	356,422	$	146,703	$	—	$	1,291,950
Intersegment revenues	435,307		8,462		1,308		1,264		(446,341)		—
Depreciation, property and equipment	1,383		10,688		4,876		3,544		—		20,491
Operating income	7,896		61,310		26,718		4,592		(36,898)		63,618
Net income	3,092		50,573		21,019		1,485		(36,898)		39,271



Capital expenditures, net	708		51,932		10,338		4,409		—		67,387

Six Months Ended February 29, 2024
Revenue from external customers	$	18,520	$	1,480,881	$	683,389	$	275,635	$	—	$	2,458,425
Intersegment revenues	881,644		14,554		2,708		2,289		(901,195)		—
Depreciation, property and equipment	2,707		20,698		9,697		6,883		—		39,985
Operating income	17,845		118,212		50,050		8,209		(72,485)		121,831
Net income	6,417		99,106		40,100		4,180		(72,485)		77,318
Long-lived assets (other than deferred tax assets)	78,907		609,451		214,237		211,251		—		1,113,846
Goodwill	8,981		24,116		10,034		—		—		43,131
Total assets	223,669		1,088,645		434,125		290,337		—		2,036,776
Capital expenditures, net	3,647		73,272		19,327		8,223		—		104,469

As of August 31, 2024
Long-lived assets (other than deferred tax assets)	$	72,727	$	614,382	$	224,019	$	199,404	$	—	$	1,110,532
Goodwill	8,981		24,193		10,023		—		—		43,197
Investment in unconsolidated affiliates	—		6,882		—		—		—		6,882
Total assets	220,076		1,065,493		451,265		285,860		—		2,022,694

(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.