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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Nov. 30, 2021
Nov. 30, 2020
Revenues:    
Net merchandise sales $ 944,043 $ 838,369
Export sales 10,534 10,881
Membership income 14,791 13,299
Other revenue and income 5,988 14,883
Total revenues 975,356 877,432
Cost of goods sold:    
Net merchandise sales 793,193 703,619
Export sales 10,067 10,433
Non-merchandise 1,809 5,824
Selling, general and administrative:    
Warehouse club and other operations 91,196 84,832
General and administrative 31,693 27,521
Pre-opening expenses 970 602
Loss on disposal of assets 411 70
Total operating expenses 929,339 832,901
Operating income 46,017 44,531
Other income (expense):    
Interest income 518 491
Interest expense (1,590) (2,033)
Other income (expense), net 1,409 (1,545)
Total other income (expense) 337 (3,087)
Income before provision for income taxes and loss of unconsolidated affiliates 46,354 41,444
Provision for income taxes (15,814) (13,618)
Loss of unconsolidated affiliates (10) (9)
Net income 30,530 27,817
Less: net income attributable to noncontrolling interest (19) (80)
Net income attributable to PriceSmart, Inc. $ 30,511 $ 27,737
Net income attributable to PriceSmart Inc, per share available for distribution:    
Basic $ 0.98 $ 0.90
Diluted $ 0.98 $ 0.90
Shares used in per share computations:    
Basic 30,551 30,398
Diluted 30,603 30,420