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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
Nov. 30, 2018
Nov. 30, 2017
EARNINGS PER SHARE [Abstract]    
Net income (loss) attributable to PriceSmart Inc. $ 14,612 [1] $ 22,490
Less: Allocation of income to unvested stockholders (193) (300)
Net income attributable to PriceSmart, Inc. per share available for distribution: $ 14,419 $ 22,190
Basic weighted average shares outstanding 30,172 30,078
Add dilutive effect of performance stock units (two-class method) 17 1
Diluted average shares outstanding 30,189 30,079
Basic net income per share $ 0.48 $ 0.74
Diluted net income per share $ 0.48 $ 0.74
[1] In March 2018, the Company acquired Aeropost, Inc. During the three months ended November 30, 2018, the consolidated net income attributable to PriceSmart Inc. contained approximately $3.9 million costs associated with Aeropost and omni-channel development initiatives.