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QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
12 Months Ended
Aug. 31, 2011
QUARTERLY FINANCIAL INFORMATION (UNAUDITED) [Abstract]  
QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
NOTE 20 - QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
 
Summarized quarterly financial information for fiscal years 2011 and 2010 is as follows:

Fiscal Year 2011
 
Three Months Ended,
   
Year Ended
 
(in thousands, except per share data)
 
Nov. 30, 2010
   
Feb. 28, 2011
   
May 31, 2011
   
Aug. 31, 2011
   
Aug. 31, 2011
 
Total net warehouse club and export sales
 
$
378,740
   
$
442,135
   
$
423,527
   
$
  439,676
   
$
1,684,078
 
Total cost of goods sold
   
319,157
     
376,331
     
360,339
     
  374,877
     
1,430,704 
 
Net income attributable to PriceSmart from continuing operations
   
14,846
     
18,010
     
16,365
     
  12,615
     
61,836
 
Discontinued operations, net of tax
   
7
     
(93
)
   
(75
)
   
  75
     
(86
)
Net income attributable to PriceSmart
   
14,853
     
17,917
     
16,290
     
  12,690
     
  61,750
 
Basic income per share
 
$
0.50
   
$
0.60
   
$
0.55
   
$
  0.42
   
$
  2.07
 
Diluted income per share
 
$
0.50
   
$
0.60
   
$
0.55
   
$
  0.42
   
$
  2.07
 
              
Fiscal Year 2010
 
Three Months Ended,
   
Year Ended
(in thousands, except per share data)
 
Nov. 30, 2009
   
Feb. 28, 2010
   
May 31, 2010
   
Aug. 31, 2010
   
Aug. 31, 2010
 
Total net warehouse club and export sales
 
$
  309,240
   
$
  359,899
   
$
  342,083
   
$
  358,718
   
$
  1,369,940
 
Total cost of goods sold
   
  262,271
     
  305,802
     
  289,114
     
  303,077
     
  1,160,264
 
Net income attributable to PriceSmart from continuing operations
   
  10,368
     
  13,662
     
  12,028
     
  13,241
     
  49,299
 
Discontinued operations, net of tax
   
  9
     
  35
     
  (4
)
   
  (24
)
   
  16
 
Net income attributable to PriceSmart
   
  10,377
     
  13,697
     
  12,024
     
  13,217
     
  49,315
 
Basic income per share
 
$
  0.35
   
$
  0.46
   
$
  0.40
   
$
  0.45
   
$
  1.66
 
Diluted income per share
 
$
  0.35
   
$
  0.46
   
$
  0.40
   
$
  0.44
   
$
  1.65