Segment Reporting

12 Months Ended

Aug. 30, 2020

Segment Reporting [Abstract]

Segment Reporting

Note 12—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 considers geographic locations. The material accounting policies of the segments are as described in Note 1. Inter-segment net sales and expenses have been eliminated in computing total revenue and operating income. Certain operating expenses, predominantly stock-based compensation, incurred on behalf of the Company's Canadian and Other International operations, are included in the U.S. operations because those costs generally come under the responsibility of U.S. management.

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

	United States Operations		Canadian Operations		Other International Operations		Total
2020
Total revenue	$	122,142	$	22,434	$	22,185	$	166,761
Operating income	3,633		860		942		5,435
Depreciation and amortization	1,248		155		242		1,645
Additions to property and equipment	2,060		258		492		2,810
Property and equipment, net	14,916		2,172		4,719		21,807
Total assets	38,366		5,270		11,920		55,556
2019
Total revenue	$	111,751	$	21,366	$	19,586	$	152,703
Operating income	3,063		924		750		4,737
Depreciation and amortization	1,126		143		223		1,492
Additions to property and equipment	2,186		303		509		2,998
Property and equipment, net	14,367		2,044		4,479		20,890
Total assets	32,162		4,369		8,869		45,400
2018
Total revenue	$	102,286	$	20,689	$	18,601	$	141,576
Operating income	2,787		939		754		4,480
Depreciation and amortization	1,078		135		224		1,437
Additions to property and equipment	2,046		268		655		2,969
Property and equipment, net	13,353		1,900		4,428		19,681
Total assets	28,207		4,303		8,320		40,830

Disaggregated Revenue

The following table summarizes net sales by merchandise category; sales from business centers and e-commerce websites have been allocated to their respective categories:

	2020		2019		2018
Food and sundries	$	68,659	$	59,672	$	56,073
Hardlines	27,729		24,570		22,620
Fresh foods	23,204		19,948		18,879
Softlines	17,078		16,590		15,387
Ancillary and other	26,550		28,571		25,475
Total net sales	$	163,220	$	149,351	$	138,434