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EARNINGS PER SHARE (Tables)
9 Months Ended
May 31, 2021
EARNINGS PER SHARE [Abstract]  
Schedule of the Computation of Net Income Per Share

Three Months Ended

Nine Months Ended

May 31,

May 31,

May 31,

May 31,

2021

2020

2021

2020

Net income attributable to PriceSmart, Inc.

$

22,529

$

12,705

$

78,502

$

58,033

Less: Allocation of income to unvested stockholders

(372)

(188)

(952)

(527)

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

$

22,157

$

12,517

$

77,550

$

57,506

Basic weighted average shares outstanding

30,414

30,271

30,396

30,268

Add dilutive effect of performance stock units (two-class method)

32

4

27

5

Diluted average shares outstanding

30,446

30,275

30,423

30,273

Basic net income per share

$

0.73

$

0.41

$

2.55

$

1.90

Diluted net income per share

$

0.73

$

0.41

$

2.55

$

1.90