CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Nov. 30, 2025	Aug. 31, 2025
Current Assets:
Cash and cash equivalents	$ 206,419	$ 241,024
Short-term restricted cash	9,212	11,061
Short-term investments	114,160	73,186
Receivables, net of allowance for credit losses of $2 as of November 30, 2025 and August 31, 2025	20,791	17,400
Merchandise inventories	618,848	560,730
Prepaid expenses and other current assets	83,189	71,059
Total current assets	1,052,619	974,460
Long-term restricted cash	33,926	33,206
Property and equipment, net	1,035,967	996,281
Operating lease right-of-use assets, net	119,859	113,479
Goodwill	43,240	43,238
Deferred tax assets	42,008	41,229
Other non-current assets (includes $552 and $701 as of November 30, 2025 and August 31, 2025, respectively, for the fair value of derivative instruments)	66,279	60,375
Investment in unconsolidated affiliates	0	6,889
Total Assets	2,393,898	2,269,157
Current Liabilities:
Short-term borrowings	7,701	12,286
Accounts payable	571,578	506,949
Accrued salaries and benefits	42,327	52,478
Deferred income	44,879	43,061
Income taxes payable	6,086	7,265
Other accrued expenses and other current liabilities (includes $3,340 and $551 as of November 30, 2025 and August 31, 2025, respectively, for the fair value of derivative instruments)	71,863	57,627
Operating lease liabilities, current portion	7,868	7,930
Long-term debt, current portion	36,598	38,675
Total current liabilities	788,900	726,271
Deferred tax liability	653	1,100
Long-term income taxes payable, net of current portion	5,079	4,424
Long-term operating lease liabilities	129,268	122,244
Long-term debt, net of current portion	143,735	147,922
Other long-term liabilities (includes $7,269 and $6,196 for the fair value of derivative instruments and $14,203 and $13,628 for post-employment plans as of November 30, 2025 and August 31, 2025, respectively)	21,473	19,824
Total Liabilities	1,089,108	1,021,785
Stockholders' Equity:
Common stock $0.0001 par value, 45,000,000 shares authorized; 32,799,742 and 32,688,047 shares issued and 30,816,360 and 30,745,833 shares outstanding (net of treasury shares) as of November 30, 2025 and August 31, 2025, respectively	3	3
Additional paid-in capital	535,032	529,354
Accumulated other comprehensive loss	(144,796)	(161,439)
Retained earnings	1,039,592	999,426
Less: treasury stock at cost, 1,983,382 shares as of November 30, 2025 and 1,942,214 shares as of August 31, 2025	(125,041)	(119,972)
Total Stockholders' Equity	1,304,790	1,247,372
Total Liabilities and Equity	$ 2,393,898	$ 2,269,157

PRICESMART INC 10-Q