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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, 2019
May 31, 2018
May 31, 2019
May 31, 2018
EARNINGS PER SHARE [Abstract]        
Net income attributable to PriceSmart, Inc. $ 14,096 [1] $ 18,694 $ 52,518 [1] $ 55,332
Less: Allocation of income to unvested stockholders (189) (244) (414) (642)
Net income attributable to PriceSmart, Inc. per share available for distribution: $ 13,907 $ 18,450 $ 52,104 $ 54,690
Basic weighted average shares outstanding 30,198 30,137 30,192 30,105
Add dilutive effect of performance stock units (two-class method) 7   10  
Diluted average shares outstanding 30,205 30,137 30,202 30,105
Basic net income per share $ 0.46 $ 0.61 $ 1.73 $ 1.82
Diluted net income per share $ 0.46 $ 0.61 $ 1.73 $ 1.82
[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 $2.9 million for the quarter and $11.0 million for the nine months ended May 31, 2019. Management considers this business to be part of its United States operations.