SEGMENTS (Tables)

9 Months Ended

May 31, 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 May 31, 2025
Revenue from external customers	$	990	$	801,341	$	360,989	$	153,969	$	—	$	1,317,289
Intersegment revenues	489,631		8,155		2,182		1,806		(501,774)		—
Depreciation, property and equipment	2,070		11,514		5,936		3,237		—		22,757
Operating income	(4,393)		62,004		24,650		6,186		(32,217)		56,230
Net income (loss)	(11,274)		56,154		18,807		3,688		(32,217)		35,158



Capital expenditures, net	3,236		18,750		13,534		1,351		—		36,871

Nine Months Ended May 31, 2025
Revenue from external customers	$	14,595	$	2,385,508	$	1,086,237	$	452,779	$	—	$	3,939,119
Intersegment revenues	1,497,761		25,176		5,664		4,645		(1,533,246)		—
Depreciation, property and equipment	5,676		33,570		16,507		9,633		—		65,386

Operating income	(7,663)		187,204		78,929		16,009		(94,719)		179,760
Net income (loss)	(24,812)		163,432		63,205		9,240		(94,719)		116,346
Long-lived assets (other than deferred tax assets)	71,548		652,921		242,471		196,718		—		1,163,658
Goodwill	8,981		24,240		10,010		—		—		43,231
Total assets	237,412		1,133,625		493,315		280,088		—		2,144,440
Capital expenditures, net	5,868		54,766		30,466		6,815		—		97,915

Three Months Ended May 31, 2024
Revenue from external customers	$	11,587	$	744,626	$	333,219	$	139,996	$	—	$	1,229,428
Intersegment revenues	430,236		8,777		1,597		1,415		(442,025)		—
Depreciation, property and equipment	1,470		11,036		4,967		3,656		—		21,129
Operating income	1,636		54,874		22,915		3,289		(32,805)		49,909
Net income (loss)	(2,097)		47,588		18,707		1,096		(32,805)		32,489



Capital expenditures, net	5,515		17,216		10,270		2,511		—		35,512

Nine Months Ended May 31, 2024
Revenue from external customers	$	30,107	$	2,225,507	$	1,016,608	$	415,631	$	—	$	3,687,853
Intersegment revenues	1,311,880		23,331		4,305		3,704		(1,343,220)		—
Depreciation, property and equipment	4,177		31,734		14,664		10,539		—		61,114
Operating income	19,481		173,086		72,965		11,498		(105,290)		171,740
Net income	4,320		146,694		58,807		5,276		(105,290)		109,807
Long-lived assets (other than deferred tax assets)	82,727		605,453		220,308		214,959		—		1,123,447
Goodwill	8,982		24,159		10,041		—		—		43,182
Total assets	222,690		1,060,211		438,578		299,219		—		2,020,698
Capital expenditures, net	9,162		90,488		29,597		10,734		—		139,981

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.