Segment Reporting

6 Months Ended

Feb. 16, 2020

Segment Reporting [Abstract]

Segment Reporting

Note 11—Segment Reporting

The Company and its subsidiaries are principally engaged in the operation of membership warehouses in the U.S., Canada, Mexico, U.K., Japan, Korea, Australia, Spain, Iceland, France and China and through a majority-owned subsidiary in Taiwan. Reportable segments are largely based on management’s organization of the operating segments for operational decisions and assessments of financial performance, which consider geographic locations. The material accounting policies of the segments are as described in the notes to the consolidated financial statements included in the Company's Annual Report filed on Form 10-K for the fiscal year ended September 1, 2019, and Note 1 above. Intersegment net sales and expenses have been eliminated in computing total revenue and operating income. Certain operating expenses, predominantly stock-based compensation, are incurred on behalf of the Company's Canadian and Other International operations, but are included in the U.S. operations because those costs generally come under the responsibility of the Company's U.S. management team.

The following table provides information for the Company's reportable segments:

	United States Operations		Canadian Operations		Other International Operations		Total
12 Weeks Ended February 16, 2020
Total revenue	$	28,523	$	5,231	$	5,318	$	39,072
Operating income	821		202		243		1,266
12 Weeks Ended February 17, 2019
Total revenue	$	25,872	$	4,792	$	4,732	$	35,396
Operating income	812		198		193		1,203
24 Weeks Ended February 16, 2020
Total revenue	$	55,588	$	10,358	$	10,166	$	76,112
Operating income	1,456		430		441		2,327
Total assets	33,575		4,470		10,737		48,782
24 Weeks Ended February 17, 2019
Total revenue	$	51,422	$	9,769	$	9,274	$	70,465
Operating income	1,372		412		368		2,152
Total assets	30,033		4,250		8,516		42,799
52 Weeks Ended September 1, 2019
Total revenue	$	111,751	$	21,366	$	19,586	$	152,703
Operating income	3,063		924		750		4,737
Total assets	32,162		4,369		8,869		45,400

Disaggregated Revenue

The following table summarizes net sales by merchandise category:

	12 Weeks Ended				24 Weeks Ended
	February 16, 2020		February 17, 2019		February 16, 2020		February 17, 2019
Foods and Sundries	$	14,984	$	13,966	$	29,516	$	27,607
Hardlines	6,774		5,770		12,617		11,610
Fresh Foods	5,079		4,690		9,655		8,983
Softlines	4,504		4,224		8,801		8,347
Ancillary	6,915		5,978		13,903		12,392
Total Net Sales	$	38,256	$	34,628	$	74,492	$	68,939