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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Nov. 30, 2020
Nov. 30, 2019
Revenues:    
Net merchandise sales $ 838,369 $ 778,728
Export sales 10,881 8,274
Membership income 13,299 13,746
Other revenue and income 14,883 11,193
Total revenues 877,432 811,941
Cost of goods sold:    
Net merchandise sales 703,619 662,724
Export sales 10,433 7,971
Non-merchandise 5,824 4,251
Selling, general and administrative:    
Warehouse club and other operations 84,832 79,373
General and administrative 27,521 25,884
Pre-opening expenses 602 953
Loss on disposal of assets 70 71
Total operating expenses 832,901 781,227
Operating income 44,531 30,714
Other income (expense):    
Interest income 491 293
Interest expense (2,033) (862)
Other expense, net (1,545) (985)
Total other expense (3,087) (1,554)
Income before provision for income taxes and loss of unconsolidated affiliates 41,444 29,160
Provision for income taxes (13,618) (9,403)
Loss of unconsolidated affiliates (9) (48)
Net income 27,817 19,709
Less: net (income) loss attributable to noncontrolling interest (80) 19
Net income attributable to PriceSmart, Inc. $ 27,737 $ 19,728
Net income attributable to PriceSmart Inc, per share available for distribution:    
Basic $ 0.90 $ 0.64
Diluted $ 0.90 $ 0.64
Shares used in per share computations:    
Basic 30,398 30,277
Diluted 30,420 30,284
Dividends per share