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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Feb. 29, 2024
Feb. 28, 2023
Feb. 29, 2024
Feb. 28, 2023
Revenues:        
Total revenues $ 1,291,950 $ 1,142,189 $ 2,458,425 $ 2,196,995
Selling, general and administrative:        
Warehouse club and other operations 117,774 103,630 227,739 200,522
General and administrative 38,809 32,759 74,248 65,931
Separation costs associated with Chief Executive Officer departure 0 7,747 0 7,747
Pre-opening expenses 457 89 944 89
Loss on disposal of assets 429 139 522 297
Total operating expenses 1,228,332 1,088,389 2,336,594 2,087,668
Operating income 63,618 53,800 121,831 109,327
Other income (expense):        
Interest income 3,225 1,942 6,091 3,099
Interest expense (3,293) (2,814) (6,109) (5,563)
Other expense, net (7,036) (5,344) (9,162) (9,910)
Total other expense (7,104) (6,216) (9,180) (12,374)
Income before provision for income taxes and income (loss) of unconsolidated affiliates 56,514 47,584 112,651 96,953
Provision for income taxes (17,259) (16,202) (35,412) (32,628)
Income (loss) of unconsolidated affiliates 16 (35) 79 (73)
Net income $ 39,271 $ 31,347 $ 77,318 $ 64,252
Net income per share available for distribution:        
Basic (in dollars per share) $ 1.31 $ 1.02 $ 2.54 $ 2.07
Diluted (in dollars per share) $ 1.31 $ 1.02 $ 2.54 $ 2.07
Shares used in per share computations:        
Basic (in shares) 29,920 30,741 30,095 30,727
Diluted (in shares) 29,920 30,760 30,095 30,740
Net merchandise sales        
Revenues:        
Total revenues $ 1,260,916 $ 1,115,999 $ 2,395,930 $ 2,141,462
Cost of goods sold:        
Cost of goods sold 1,062,685 937,462 2,015,413 1,796,530
Export sales        
Revenues:        
Total revenues 8,511 6,882 18,520 17,340
Cost of goods sold:        
Cost of goods sold 8,178 6,563 17,728 16,552
Membership income        
Revenues:        
Total revenues 18,538 16,176 36,287 32,071
Other revenue and income        
Revenues:        
Total revenues $ 3,985 $ 3,132 $ 7,688 $ 6,122