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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Aug. 31, 2017
Aug. 31, 2016
Aug. 31, 2015
Revenues:      
Net warehouse club sales $ 2,910,062 $ 2,820,740 $ 2,721,132
Export sales 34,244 33,813 33,279
Membership income 47,743 45,781 43,673
Other income 4,579 4,842 4,519
Total revenues 2,996,628 2,905,176 2,802,603
Cost of goods sold:      
Net warehouse club 2,487,146 2,417,366 2,321,074
Export 32,606 32,260 31,765
Selling, general and administrative:      
Warehouse club operations 268,629 252,130 241,285
General and administrative 70,013 64,344 56,371
Pre-opening expenses 44 1,191 3,737
Loss/(gain) on disposal of assets 1,961 1,162 2,005
Total operating expenses 2,860,399 2,768,453 2,656,237
Operating income 136,229 136,723 146,366
Other income (expense):      
Interest income 1,809 1,307 1,058
Interest expense (6,777) (5,891) (6,440)
Other income (expense), net 1,482 (899) (4,388)
Total other income (expense) (3,486) (5,483) (9,770)
Income before provision for income taxes and income (loss) of unconsolidated affiliates 132,743 131,240 136,596
Provision for income taxes (42,018) (42,849) (47,566)
Income (loss) of unconsolidated affiliates (1) 332 94
Net income $ 90,724 $ 88,723 $ 89,124
Net income per share available for distribution:      
Basic net income per share $ 2.98 $ 2.92 $ 2.95
Diluted net income per share $ 2.98 $ 2.92 $ 2.95
Shares used in per share computations:      
Basic 30,020 29,928 29,848
Diluted 30,023 29,933 29,855
Dividends per share $ 0.70 $ 0.70 $ 0.70