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QUARTERLY FINANCIAL INFORMATION (Schedule of Quarterly Financial Data) (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Aug. 31, 2018
May 31, 2018
Feb. 28, 2018
Nov. 30, 2017
Aug. 31, 2017
May 31, 2017
Feb. 28, 2017
Nov. 30, 2016
Aug. 31, 2016
May 31, 2016
Feb. 29, 2016
Nov. 30, 2015
Aug. 31, 2018
Aug. 31, 2017
Aug. 31, 2016
Quarterly Financial Information Disclosure [Abstract]                              
Total revenues $ 777,866 $ 782,201 $ 839,563 $ 767,072 $ 733,502 $ 730,258 $ 793,296 $ 739,572 $ 711,052 $ 704,262 $ 777,931 $ 711,931 $ 3,166,702 $ 2,996,628 $ 2,905,176
Total cost of goods sold 650,801 652,694 708,040 644,985 615,920 617,598 667,563 618,671 596,644 597,242 657,725 598,015 2,656,520 2,519,752 2,449,626
Net income from continuing operations $ 18,996 $ 18,694 $ 14,148 [1] $ 22,490 $ 19,798 $ 18,838 $ 27,219 $ 24,869 $ 22,272 $ 16,837 $ 25,942 $ 23,672 74,328 90,724 88,723
Net income attributable to PriceSmart, Inc.                         $ 74,403 $ 90,724 $ 88,723
Basic $ 0.62 $ 0.61 $ 0.47 $ 0.74 $ 0.64 $ 0.62 $ 0.90 $ 0.82 $ 0.74 $ 0.55 $ 0.85 $ 0.78 $ 2.44 $ 2.98 $ 2.92
Diluted $ 0.62 $ 0.61 $ 0.47 $ 0.74 $ 0.64 $ 0.62 $ 0.90 $ 0.82 $ 0.74 $ 0.55 $ 0.85 $ 0.78 $ 2.44 $ 2.98 $ 2.92
[1] In the second quarter of fiscal year 2018, the Company recorded its provisional tax estimate of $13.4 million as a result of the U.S. Tax Reform Transition Tax. The Company finalized its calculation of this Transition Tax in the fourth quarter of fiscal year 2018, reducing it to approximately $12.5 million.