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EARNINGS PER SHARE (Tables)
12 Months Ended
Aug. 31, 2020
EARNINGS PER SHARE [Abstract]  
Schedule of the Computation of Net Income Per Share

Years Ended August 31,

2020

2019

2018

Net income attributable to PriceSmart, Inc.

$

78,109

$

73,191

$

74,328

Less: Allocation of income to unvested stockholders

(842)

(721)

(897)

Net income attributable to PriceSmart, Inc. per share available for distribution

$

77,267

$

72,470

$

73,431

Basic weighted average shares outstanding

30,259

30,195

30,115

Add dilutive effect of equity award (two-class method)

Diluted average shares outstanding

30,259

30,195

30,115

Basic net income per share

$

2.55

$

2.40

$

2.44

Diluted net income per share

$

2.55

$

2.40

$

2.44