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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Feb. 28, 2017
Feb. 29, 2016
Feb. 28, 2017
Feb. 29, 2016
Revenues:        
Net warehouse club sales $ 772,273 $ 758,987 $ 1,488,352 $ 1,449,818
Export sales 8,172 6,549 18,906 14,781
Membership income 11,833 11,285 23,543 22,751
Other income 1,018 1,110 2,067 2,512
Total revenues 793,296 777,931 1,532,868 1,489,862
Cost of goods sold:        
Net warehouse club 659,802 651,500 1,268,292 1,241,683
Export 7,761 6,225 17,942 14,057
Selling, general and administrative:        
Warehouse club operations 67,784 64,763 133,210 125,603
General and administrative 18,212 16,184 35,014 31,647
Pre-opening expenses   71 (113) 376
Loss/(gain) on disposal of assets 335 52 742 65
Total operating expenses 753,894 738,795 1,455,087 1,413,431
Operating income 39,402 39,136 77,781 76,431
Other income (expense):        
Interest income 549 280 1,051 458
Interest expense (1,644) (1,536) (3,298) (2,909)
Other income (expense), net 915 (552) (13) (796)
Total other income (expense) (180) (1,808) (2,260) (3,247)
Income before provision for income taxes and income (loss) of unconsolidated affiliates 39,222 37,328 75,521 73,184
Provision for income taxes (11,989) (11,815) (23,426) (23,945)
Income (loss) of unconsolidated affiliates (14) 429 (7) 375
Net income $ 27,219 $ 25,942 $ 52,088 $ 49,614
Net income per share available for distribution:        
Basic net income per share $ 0.90 $ 0.85 $ 1.72 $ 1.63
Diluted net income per share $ 0.90 $ 0.85 $ 1.72 $ 1.63
Shares used in per share computations:        
Basic 30,004 29,914 29,993 29,902
Diluted 30,008 29,919 29,997 29,907
Dividends per share $ 0.70 $ 0.70 $ 0.70 $ 0.70