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EARNINGS PER SHARE (Tables)
12 Months Ended
Aug. 31, 2023
Earnings Per Share [Abstract]  
Schedule of the Computation of Net Income Per Share
The following table sets forth the computation of net income per share attributable to PriceSmart for the twelve months ended August 31, 2023, 2022 and 2021 (in thousands, except per share amounts):
Years Ended August 31,
202320222021
Net income attributable to PriceSmart, Inc.$109,205$104,534$97,963
Less: Allocation of income to unvested stockholders(1,311)(1,245)(1,282)
Net income attributable to PriceSmart, Inc. available for distribution$107,894$103,289$96,681
Basic weighted average shares outstanding30,76330,59130,403
Add dilutive effect of performance stock units (two-class method)239
Diluted average shares outstanding30,78630,60030,403
Basic net income per share$3.51$3.38$3.18
Diluted net income per share$3.50$3.38$3.18