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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Aug. 31, 2024
Aug. 31, 2023
Aug. 31, 2022
Revenues:      
Total revenues $ 4,913,898 $ 4,411,842 $ 4,066,093
Selling, general and administrative:      
Warehouse club and other operations 466,457 417,272 378,161
General and administrative 156,385 134,783 133,185
Reserve for AMT settlement 0 7,179 0
Separation costs associated with Chief Executive Officer departure 0 7,747 0
Pre-opening expenses 970 1,432 1,471
Asset impairment and closure costs 0 5,658 0
Loss on disposal of assets 2,168 744 1,265
Total operating expenses 4,692,954 4,227,326 3,899,027
Operating income 220,944 184,516 167,066
Other expense:      
Interest income 11,049 9,871 2,201
Interest expense (12,959) (11,020) (9,611)
Other expense, net (17,607) (14,156) (3,235)
Total other expense (19,517) (15,305) (10,645)
Income before provision for income taxes and income (loss) of unconsolidated affiliates 201,427 169,211 156,421
Provision for income taxes (62,618) (59,951) (51,858)
Income (loss) of unconsolidated affiliates 66 (55) (10)
Net income 138,875 109,205 104,553
Less: Net income attributable to noncontrolling interest 0 0 (19)
Net income attributable to PriceSmart, Inc. $ 138,875 $ 109,205 $ 104,534
Net income attributable to PriceSmart, Inc. per share available for distribution:      
Basic (in dollars per share) $ 4.57 $ 3.51 $ 3.38
Diluted (in dollars per share) $ 4.57 $ 3.50 $ 3.38
Shares used in per share computations:      
Basic (in shares) 30,032 30,763 30,591
Diluted (in shares) 30,032 30,786 30,600
Dividends (in dollars per share) $ 2.16 $ 0.92 $ 0.86
Net merchandise sales      
Revenues:      
Total revenues $ 4,783,119 $ 4,300,706 $ 3,944,817
Cost of goods sold:      
Cost of goods sold 4,029,490 3,622,354 3,340,062
Export sales      
Revenues:      
Total revenues 39,438 31,741 45,217
Cost of goods sold:      
Cost of goods sold 37,484 30,157 43,074
Membership income      
Revenues:      
Total revenues 75,240 66,048 60,887
Other revenue and income      
Revenues:      
Total revenues 16,101 13,347 15,172
Non-merchandise      
Cost of goods sold:      
Cost of goods sold $ 0 $ 0 $ 1,809