XML 56 R45.htm IDEA: XBRL DOCUMENT v3.19.1
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 6 Months Ended
Feb. 28, 2019
Feb. 28, 2018
Feb. 28, 2019
Feb. 28, 2018
EARNINGS PER SHARE [Abstract]        
Net income attributable to PriceSmart, Inc. $ 23,810 [1] $ 14,148 $ 38,422 [1] $ 36,638
Less: Allocation of income to unvested stockholders (27)   (219) (398)
Net income attributable to PriceSmart, Inc. per share available for distribution: $ 23,783 $ 14,148 $ 38,203 $ 36,240
Basic weighted average shares outstanding 30,206 30,100 30,189 30,089
Add dilutive effect of performance stock units (two-class method) 5   11 1
Diluted average shares outstanding 30,211 30,100 30,200 30,090
Basic net income per share $ 0.79 $ 0.47 $ 1.27 $ 1.21
Diluted net income per share $ 0.79 $ 0.47 $ 1.27 $ 1.21
[1] In March 2018, the Company acquired technology, talent and cross-border logistics infrastructure that operated a marketplace and casillero business. Investments in the technology, talent and infrastructure to expand our omni-channel capabilities, together with the operating results from the marketplace and casillero business, negatively impacted Net income attributable to PriceSmart, Inc. by $4.2 million for the quarter and $8.1 million for the six months ended February 28, 2019. Management considers this business to be part of its United States operations.