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QUARTERLY FINANCIAL INFORMATION (Tables) | 12 Months Ended
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Aug. 31, 2018
Quarterly Financial Information Disclosure [Abstract] |
Schedule of Quarterly Financial Information | ﻿ ﻿
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﻿ |  | Three Months Ended, |  | Year Ended,
﻿Fiscal Year 2018 |  | Nov 30, 2017 |  | Feb 28, 2018 |  |  | May 31, 2018 |  | Aug 31, 2018 |  | Aug 31, 2018
﻿Total revenues |  | $ | 767,072 |  | $ | 839,563 |  |  | $ | 782,201 |  | $ | 777,866 |  | $ | 3,166,702
﻿Total cost of goods sold |  | $ | 644,985 |  | $ | 708,040 |  |  | $ | 652,694 |  | $ | 650,801 |  | $ | 2,656,520
﻿Net income attributable to PriceSmart, Inc. |  | $ | 22,490 |  | $ | 14,148 | (1) |  | $ | 18,694 |  | $ | 18,996 |  | $ | 74,328
﻿Basic net income per share |  | $ | 0.74 |  | $ | 0.47 |  |  | $ | 0.61 |  | $ | 0.62 |  | $ | 2.44
﻿Diluted net income per share |  | $ | 0.74 |  | $ | 0.47 |  |  | $ | 0.61 |  | $ | 0.62 |  | $ | 2.44
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﻿ |  | Three Months Ended, |  | Year Ended,
﻿Fiscal Year 2017 |  | Nov 30, 2016 |  | Feb 28, 2017 |  |  | May 31, 2017 |  | Aug 31, 2017 |  | Aug 31, 2017
﻿Total revenues |  | $ | 739,572 |  | $ | 793,296 |  |  | $ | 730,258 |  | $ | 733,502 |  | $ | 2,996,628
﻿Total cost of goods sold |  | $ | 618,671 |  | $ | 667,563 |  |  | $ | 617,598 |  | $ | 615,920 |  | $ | 2,519,752
﻿Net income attributable to PriceSmart, Inc. |  | $ | 24,869 |  | $ | 27,219 |  |  | $ | 18,838 |  | $ | 19,798 |  | $ | 90,724
﻿Basic net income per share |  | $ | 0.82 |  | $ | 0.90 |  |  | $ | 0.62 |  | $ | 0.64 |  | $ | 2.98
﻿Diluted net income per share |  | $ | 0.82 |  | $ | 0.90 |  |  | $ | 0.62 |  | $ | 0.64 |  | $ | 2.98
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﻿ |  | Three Months Ended, |  | Year Ended,
﻿Fiscal Year 2016 |  | Nov 30, 2015 |  | Feb 29, 2016 |  |  | May 31, 2016 |  | Aug 31, 2016 |  | Aug 31, 2016
﻿Total revenues |  | $ | 711,931 |  | $ | 777,931 |  |  | $ | 704,262 |  | $ | 711,052 |  | $ | 2,905,176
﻿Total cost of goods sold |  | $ | 598,015 |  | $ | 657,725 |  |  | $ | 597,242 |  | $ | 596,644 |  | $ | 2,449,626
﻿Net income attributable to PriceSmart, Inc. |  | $ | 23,672 |  | $ | 25,942 |  |  | $ | 16,837 |  | $ | 22,272 |  | $ | 88,723
﻿Basic net income per share |  | $ | 0.78 |  | $ | 0.85 |  |  | $ | 0.55 |  | $ | 0.74 |  | $ | 2.92
﻿Diluted net income per share |  | $ | 0.78 |  | $ | 0.85 |  |  | $ | 0.55 |  | $ | 0.74 |  | $ | 2.92
| (1) |  | In the second quarter of fiscal year 2018, the Company recorded its provisional tax estimate of $13.4 million as a result of the U.S. Tax Reform Transition Tax. The Company finalized its calculation of this Transition Tax in the fourth quarter of fiscal year 2018, reducing it to approximately $12.5 million.
Summary of Reclassifications on Financial Statements | ﻿ ﻿
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﻿ |  | November 30, 2017
﻿Financial Statement Captions |  | As Previously Reported |  | Adjustment |  | As Restated
﻿Cash and cash equivalents |  | $ | 129,183 |  | $ | (39,339) |  | $ | 89,844
﻿Short-term and long-term restricted cash |  | $ | 3,359 |  | $ | — |  | $ | 3,359
﻿Total cash and cash equivalents, and restricted cash as shown in the statement of cash flows |  | $ | 132,542 |  | $ | (39,339) |  | $ | 93,203
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﻿Short-term investments |  | $ | — |  | $ | 39,339 |  | $ | 39,339
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﻿ |  | For the Three Months Ended November 30, 2017
﻿Statement of Cash Flows Captions |  | As Previously Reported |  | Adjustment |  | As Restated
﻿Net cash provided by (used in) operating activities |  | $ | (10,163) |  | $ | — |  | $ | (10,163)
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﻿Investing Activities |  |  |  |  |  |  |  |  |
﻿Additions to property and equipment |  | $ | (19,752) |  | $ | — |  | $ | (19,752)
﻿Short-term investments |  |  | — |  |  | (39,339) |  |  | (39,339)
﻿Proceeds from settlements of short-term investments |  |  | — |  |  | — |  |  | —
﻿Proceeds from disposal of property and equipment |  |  | 20 |  |  | — |  |  | 20
﻿Net cash provided by (used in) investing activities |  | $ | (19,732) |  | $ | (39,339) |  | $ | (59,071)
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﻿Net cash provided by (used in) financing activities |  | $ | (5,296) |  | $ | — |  | $ | (5,296)
﻿Effect of exchange rate changes on cash, cash equivalents, and restricted cash |  | $ | 2,021 |  | $ | — |  | $ | 2,021
﻿Net increase (decrease) in cash, cash equivalents, and restricted cash |  | $ | (33,170) |  | $ | (39,339) |  | $ | (72,509)
﻿Cash, cash equivalents, and restricted cash at beginning of period |  | $ | 165,712 |  | $ | — |  | $ | 165,712
﻿Cash, cash equivalents, and restricted cash at end of period |  | $ | 132,542 |  | $ | (39,339) |  | $ | 93,203
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﻿ |  | February 28, 2018
﻿Financial Statement Captions |  | As Previously Reported |  | Adjustment |  | As Restated
﻿Cash and cash equivalents |  | $ | 152,132 |  | $ | (58,745) |  | $ | 93,387
﻿Short-term and long-term restricted cash |  | $ | 3,479 |  | $ | — |  | $ | 3,479
﻿Total cash and cash equivalents, and restricted cash as shown in the statement of cash flows |  | $ | 155,611 |  | $ | (58,745) |  | $ | 96,866
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﻿Short-term investments |  | $ | — |  | $ | 58,745 |  | $ | 58,745
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﻿ |  | For the Six Months Ended February 28, 2018
﻿Statement of Cash Flows Captions |  | As Previously Reported |  | Adjustment |  | As Restated
﻿Net cash provided by (used in) operating activities |  | $ | 59,079 |  | $ | — |  | $ | 59,079
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﻿Investing Activities |  |  |  |  |  |  |  |  |
﻿Additions to property and equipment |  | $ | (46,233) |  | $ | — |  | $ | (46,233)
﻿Short-term investments |  |  | — |  |  | (66,388) |  |  | (66,388)
﻿Proceeds from settlements of short-term investments |  |  | — |  |  | 7,643 |  |  | 7,643
﻿Proceeds from disposal of property and equipment |  |  | 54 |  |  | — |  |  | 54
﻿Net cash provided by (used in) investing activities |  | $ | (46,179) |  | $ | (58,745) |  | $ | (104,924)
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﻿Net cash provided by (used in) financing activities |  | $ | (21,859) |  | $ | — |  | $ | (21,859)
﻿Effect of exchange rate changes on cash, cash equivalents, and restricted cash |  | $ | (1,142) |  | $ | — |  | $ | (1,142)
﻿Net increase (decrease) in cash, cash equivalents, and restricted cash |  | $ | (10,101) |  | $ | (58,745) |  | $ | (68,846)
﻿Cash, cash equivalents, and restricted cash at beginning of period |  | $ | 165,712 |  | $ | — |  | $ | 165,712
﻿Cash, cash equivalents, and restricted cash at end of period |  | $ | 155,611 |  | $ | (58,745) |  | $ | 96,866
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﻿ |  | May 31, 2018
﻿Financial Statement Captions |  | As Previously Reported |  | Adjustment |  | As Restated
﻿Cash and cash equivalents |  | $ | 141,164 |  | $ | (53,890) |  | $ | 87,274
﻿Short-term and long-term restricted cash |  | $ | 3,649 |  | $ | — |  | $ | 3,649
﻿Total cash and cash equivalents, and restricted cash as shown in the statement of cash flows |  | $ | 144,813 |  | $ | (53,890) |  | $ | 90,923
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﻿Short-term investments |  | $ | — |  | $ | 53,890 |  | $ | 53,890
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﻿ |  | For the Nine Months Ended May 31, 2018
﻿Statement of Cash Flows Captions |  | As Previously Reported |  | Adjustment |  | As Restated
﻿Net cash provided by (used in) operating activities |  | $ | 90,765 |  | $ | — |  | $ | 90,765
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﻿Investing Activities |  |  |  |  |  |  |  |  |
﻿Business acquisition, net of cash acquired |  | $ | (23,895) |  | $ | — |  | $ | (23,895)
﻿Additions to property and equipment |  |  | (74,788) |  |  | — |  |  | (74,788)
﻿Short-term investments |  |  | — |  |  | (72,953) |  |  | (72,953)
﻿Proceeds from settlements of short-term investments |  |  | — |  |  | 19,063 |  |  | 19,063
﻿Deposits for land purchase option agreements |  |  | 300 |  |  | — |  |  | 300
﻿Proceeds from disposal of property and equipment |  |  | 93 |  |  | — |  |  | 93
﻿Net cash provided by (used in) investing activities |  | $ | (98,290) |  | $ | (53,890) |  | $ | (152,180)
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﻿Net cash provided by (used in) financing activities |  | $ | (12,389) |  | $ | — |  | $ | (12,389)
﻿Effect of exchange rate changes on cash and cash equivalents and restricted cash |  | $ | (985) |  | $ | — |  | $ | (985)
﻿Net increase (decrease) in cash, cash equivalents, and restricted cash |  | $ | (20,899) |  | $ | (53,890) |  | $ | (74,789)
﻿Cash, cash equivalents, and restricted cash at beginning of period |  | $ | 165,712 |  | $ | — |  | $ | 165,712
﻿Cash, cash equivalents, and restricted cash at end of period |  | $ | 144,813 |  | $ | (53,890) |  | $ | 90,923

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