QUARTERLY FINANCIAL INFORMATION (UNAUDITED) (Tables)

12 Months Ended

Aug. 31, 2020

QUARTERLY FINANCIAL INFORMATION (UNAUDITED) [Abstract]

Schedule of Quarterly Financial Information

	Three Months Ended,								Year Ended,
Fiscal Year 2020	Nov 30, 2019		Feb 29, 2020		May 31, 2020		Aug 31, 2020		Aug 31, 2020
Total revenues	$	811,941	$	906,735	$	799,931	$	810,581	$	3,329,188
Total cost of goods sold	$	674,946	$	756,174	$	672,756	$	670,902	$	2,774,778
Net income attributable to PriceSmart, Inc.	$	19,728	$	25,600	$	12,705	$	20,076	$	78,109
Basic net income per share	$	0.64	$	0.85	$	0.41	$	0.65	$	2.55
Diluted net income per share	$	0.64	$	0.85	$	0.41	$	0.65	$	2.55

	Three Months Ended,								Year Ended,
Fiscal Year 2019	Nov 30, 2018		Feb 28, 2019		May 31, 2019		Aug 31, 2019		Aug 31, 2019
Total revenues	$	779,637	$	854,425	$	788,556	$	801,300	$	3,223,918
Total cost of goods sold	$	653,180	$	716,858	$	661,887	$	663,766	$	2,695,691
Net income attributable to PriceSmart, Inc.	$	14,612	$	23,810	$	14,096	$	20,673	$	73,191
Basic net income per share	$	0.48	$	0.79	$	0.46	$	0.67	$	2.40
Diluted net income per share	$	0.48	$	0.79	$	0.46	$	0.67	$	2.40

	Three Months Ended,									Year Ended,
Fiscal Year 2018	Nov 30, 2017		Feb 28, 2018			May 31, 2018		Aug 31, 2018		Aug 31, 2018
Total revenues	$	767,072	$	839,563		$	782,201	$	777,866	$	3,166,702
Total cost of goods sold	$	644,985	$	708,040		$	652,694	$	650,801	$	2,656,520
Net income attributable to PriceSmart, Inc.	$	22,490	$	14,148	(1)	$	18,694	$	18,996	$	74,328
Basic net income per share	$	0.74	$	0.47		$	0.61	$	0.62	$	2.44
Diluted net income per share	$	0.74	$	0.47		$	0.61	$	0.62	$	2.44

⁽¹⁾In the second quarter of fiscal 2018, the Company recorded its provisional tax estimate of $13.4 million as a result of the U.S. Tax Reform Transition Tax. The Company finalized its calculation of this Transition Tax in the fourth quarter of fiscal 2018, reducing it to approximately $12.5 million.