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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Aug. 31, 2023
Aug. 31, 2022
Aug. 31, 2021
Revenues:      
Total revenues $ 4,411,842 $ 4,066,093 $ 3,619,871
Selling, general and administrative:      
Warehouse club and other operations 417,272 378,161 359,221
General and administrative 134,783 133,185 125,416
Reserve for AMT settlement 7,179 0 0
Separation costs associated with Chief Executive Officer departure 7,747 0 0
Pre-opening expenses 1,432 1,471 849
Asset impairment and closure costs 5,658 0 0
Loss on disposal of assets 744 1,265 1,027
Total operating expenses 4,227,326 3,899,027 3,461,851
Operating income 184,516 167,066 158,020
Other expense:      
Interest income 9,871 2,201 1,979
Interest expense (11,020) (9,611) (7,210)
Other expense, net (14,156) (3,235) (5,603)
Total other expense (15,305) (10,645) (10,834)
Income before provision for income taxes and loss of unconsolidated affiliates 169,211 156,421 147,186
Provision for income taxes (59,951) (51,858) (48,969)
Loss of unconsolidated affiliates (55) (10) (58)
Net income 109,205 104,553 98,159
Less: net income attributable to noncontrolling interest 0 (19) (196)
Net income attributable to PriceSmart, Inc. $ 109,205 $ 104,534 $ 97,963
Net income attributable to PriceSmart, Inc. per share available for distribution:      
Basic (in dollars per share) $ 3.51 $ 3.38 $ 3.18
Diluted (in dollars per share) $ 3.50 $ 3.38 $ 3.18
Shares used in per share computations:      
Basic (in shares) 30,763,000 30,591,000 30,403,000
Diluted (in shares) 30,786,000 30,600,000 30,403,000
Dividends (in dollars per share) $ 0.92 $ 0.86 $ 0.70
Net merchandise sales      
Revenues:      
Total revenues $ 4,300,706 $ 3,944,817 $ 3,465,442
Cost of goods sold:      
Cost of goods sold 3,622,354 3,340,062 2,912,489
Export sales      
Revenues:      
Total revenues 31,741 45,217 41,520
Cost of goods sold:      
Cost of goods sold 30,157 43,074 39,513
Membership income      
Revenues:      
Total revenues 66,048 60,887 56,030
Other revenue and income      
Revenues:      
Total revenues 13,347 15,172 56,879
Non-merchandise      
Cost of goods sold:      
Cost of goods sold $ 0 $ 1,809 $ 23,336