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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, 2020
May 31, 2019
May 31, 2020
May 31, 2019
EARNINGS PER SHARE [Abstract]        
Net income attributable to PriceSmart, Inc. $ 12,705 $ 14,096 $ 58,033 $ 52,518
Less: Allocation of income to unvested stockholders (188) (189) (527) (414)
Net income attributable to PriceSmart, Inc. per share available for distribution $ 12,517 $ 13,907 $ 57,506 $ 52,104
Basic weighted average shares outstanding 30,271 30,198 30,268 30,192
Add dilutive effect of performance stock units (two-class method) 4 7 5 10
Diluted average shares outstanding 30,275 30,205 30,273 30,202
Basic net income per share $ 0.41 $ 0.46 $ 1.90 $ 1.73
Diluted net income per share $ 0.41 $ 0.46 $ 1.90 $ 1.73