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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Feb. 28, 2018
Feb. 28, 2017
Feb. 28, 2018
Feb. 28, 2017
Revenues:        
Net warehouse club sales $ 816,573 $ 772,273 $ 1,561,974 $ 1,488,352
Export sales 9,138 8,172 17,285 18,906
Membership income 12,703 11,833 25,078 23,543
Other income 1,149 1,018 2,298 2,067
Total revenues 839,563 793,296 1,606,635 1,532,868
Cost of goods sold:        
Net warehouse club 699,355 659,802 1,336,591 1,268,292
Export 8,685 7,761 16,434 17,942
Selling, general and administrative:        
Warehouse club operations 71,951 67,784 141,453 133,210
General and administrative 20,258 18,212 39,088 35,014
Pre-opening expenses 81   511 (113)
Asset impairment 1,929   1,929  
Loss/(gain) on disposal of assets 40 335 199 742
Total operating expenses 802,299 753,894 1,536,205 1,455,087
Operating income 37,264 39,402 70,430 77,781
Other income (expense):        
Interest income 368 549 768 1,051
Interest expense (992) (1,644) (2,247) (3,298)
Other income (expense), net 210 915 488 (13)
Total other income (expense) (414) (180) (991) (2,260)
Income before provision for income taxes and income (loss) of unconsolidated affiliates 36,850 39,222 69,439 75,521
Provision for income taxes (22,707) (11,989) (32,822) (23,426)
Income (loss) of unconsolidated affiliates 5 (14) 21 (7)
Net income $ 14,148 $ 27,219 $ 36,638 $ 52,088
Net income per share available for distribution:        
Basic net income per share $ 0.47 $ 0.90 $ 1.21 $ 1.72
Diluted net income per share $ 0.47 $ 0.90 $ 1.21 $ 1.72
Shares used in per share computations:        
Basic 30,100 30,004 30,089 29,993
Diluted 30,100 30,008 30,090 29,997
Dividends per share $ 0.70 $ 0.70 $ 0.70 $ 0.70