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EARNINGS PER SHARE (Schedule of the Computation of Net Income Per Share) (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
May 31, 2018
May 31, 2017
May 31, 2018
May 31, 2017
EARNINGS PER SHARE [Abstract]        
Net income (loss) attributable to PriceSmart Inc. $ 18,694 $ 18,838 $ 55,332 $ 70,926
Less: Allocation of income to unvested stockholders (244) (272) (642) (1,034)
Net earnings available to common stockholders $ 18,450 $ 18,566 $ 54,690 $ 69,892
Basic weighted average shares outstanding 30,137 30,043 30,105 30,010
Add dilutive effect of stock options (two-class method)   2   4
Diluted average shares outstanding 30,137 30,045 30,105 30,014
Basic $ 0.61 $ 0.62 $ 1.82 $ 2.34
Diluted $ 0.61 $ 0.62 $ 1.82 $ 2.34