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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
Nov. 30, 2020
Nov. 30, 2019
EARNINGS PER SHARE [Abstract]    
Net income attributable to PriceSmart, Inc. $ 27,737 $ 19,728
Less: Allocation of income to unvested stockholders (459) (258)
Net income attributable to PriceSmart, Inc. per share available for distribution $ 27,278 $ 19,470
Basic weighted average shares outstanding 30,398 30,277
Add dilutive effect of performance stock units (two-class method) 22 7
Diluted average shares outstanding 30,420 30,284
Basic net income per share $ 0.90 $ 0.64
Diluted net income per share $ 0.90 $ 0.64