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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Nov. 30, 2022
Nov. 30, 2021
Revenues:    
Net merchandise sales $ 1,025,463 $ 944,043
Export sales 10,458 10,534
Membership income 15,895 14,791
Other revenue and income 2,990 5,988
Total revenues 1,054,806 975,356
Cost of goods sold:    
Net merchandise sales 859,068 793,193
Export sales 9,989 10,067
Non-merchandise   1,809
Selling, general and administrative:    
Warehouse club and other operations 96,892 91,196
General and administrative 33,172 31,693
Pre-opening expenses   970
Loss on disposal of assets 158 411
Total operating expenses 999,279 929,339
Operating income 55,527 46,017
Other income (expense):    
Interest income 1,157 518
Interest expense (2,749) (1,590)
Other income (expense), net (4,566) 1,409
Total other income (expense) (6,158) 337
Income before provision for income taxes and loss of unconsolidated affiliates 49,369 46,354
Provision for income taxes (16,426) (15,814)
Loss of unconsolidated affiliates (38) (10)
Net income 32,905 30,530
Less: net income attributable to noncontrolling interest   (19)
Net income attributable to PriceSmart, Inc. $ 32,905 $ 30,511
Net income attributable to PriceSmart, Inc. per share available for distribution:    
Basic $ 1.05 $ 0.98
Diluted $ 1.05 $ 0.98
Shares used in per share computations:    
Basic 30,713 30,551
Diluted 30,719 30,603