Pricesmart, inc. (PSMT)
Income statement / Yearly
Aug'19Aug'18Aug'17Aug'16Aug'15Aug'14Aug'13Aug'12Aug'11Aug'10Aug'09
Revenues:
Net merchandise sales

3,091

3,053

2,910

2,820

2,721

2,444

2,239

1,999

1,674

1,365

1,224

Export sales

30

40

34

33

33

31

23

15

8

4

3

Membership income

52

50

47

45

43

38

33

26

22

19

17

Other revenue and income

49

21

4

4

4

3

3

3

3

6

5

Total revenues

3,223

3,166

2,996

2,905

2,802

2,517

2,299

2,045

1,710

1,395

1,251

Cost of goods sold:
Net merchandise sales

2,648

2,610

2,487

2,417

2,321

2,083

1,907

1,701

1,422

1,157

1,044

Export sales

29

38

32

32

31

29

21

14

8

3

3

Non-merchandise

17

7

-

-

-

-

-

-

-

-

-

Selling, general and administrative:
Warehouse club and other operations

307

291

268

252

241

212

194

179

152

126

114

General and administrative

101

88

70

64

56

49

46

41

36

33

30

Pre-opening expenses

2

0

0

1

3

3

1

0

1

1

0

Asset impairment

-

1

-

-

-

-

-

-

-

-

-

Loss on disposal of assets

-1

-1

-1

-1

-2

-1

-0

-0

-

-

-

Total operating expenses

3,108

3,040

2,860

2,768

2,656

2,380

2,172

1,937

1,621

1,322

1,194

Asset impairment and closure costs (income)

-

-

-

-

-

-

-

-

-

0

-0

Operating income

115

126

136

136

146

136

127

107

88

73

57

Other income (expense):
Interest income

1

1

1

1

1

0

1

0

0

0

0

Interest expense

3

5

6

5

6

4

4

5

3

2

1

Other income (expense), net

-1

0

1

-0

-4

0

-0

-0

3

1

-0

Total other expense

-4

-3

-3

-5

-9

-2

-3

-4

0

-1

-1

Income before provision for income taxes and loss of unconsolidated affiliates

111

122

132

131

136

134

123

102

89

72

55

Provision for income taxes

37

48

42

42

47

41

38

35

27

22

13

Loss of unconsolidated affiliates

-0

-0

-0

0

0

0

-0

-0

-0

-0

-0

Income from continuing operations

-

-

-

-

-

-

-

67

61

49

42

Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest

-

-

-

-

-

-

-

-0

-0

0

-0

Net income

73

74

90

88

-

-

-

-

-

49

42

Less: net income attributable to noncontrolling interest

0

0

-

-

-

-

-

-

-

0

0

Net income attributable to PriceSmart, Inc.

73

74

90

88

89

92

84

67

61

49

42

Net income attributable to PriceSmart Inc, per share available for distribution:
Basic net income per share from continuing operations (in dollars per share)

-

-

-

-

-

-

-

2.24

2.07

1.66

1.43

Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share

-

-

-

-

-

-

-

0.00

0.00

0.00

0.00

Basic

2.40

2.44

2.98

2.92

2.95

3.07

2.78

2.24

2.07

1.66

1.43

Diluted net income per share from continuing operations (in dollars per share)

-

-

-

-

-

-

-

2.24

2.07

1.65

1.43

Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share

-

-

-

-

-

-

-

0.00

0.00

0.00

0.00

Diluted

2.40

2.44

2.98

2.92

2.95

3.07

2.78

2.24

2.07

1.65

1.43

Shares used in per share computations:
Basic

30

30

30

29

29

29

29

29

29

29

28

Diluted

30

30

30

29

29

29

29

29

29

29

29

Dividends per share

0.70

0.70

0.70

0.70

0.70

0.70

0.60

0.60

0.60

0.50

0.50