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QUARTERLY FINANCIAL INFORMATION (Schedule of Quarterly Financial Information) (Details) - USD ($)
$ / shares in Units, $ in Thousands
 3 Months Ended 12 Months Ended
Aug. 31, 2019
May 31, 2019
Feb. 28, 2019
Nov. 30, 2018
Aug. 31, 2018
May 31, 2018
Feb. 28, 2018
Nov. 30, 2017
Aug. 31, 2017
May 31, 2017
Feb. 28, 2017
Nov. 30, 2016
Aug. 31, 2019
Aug. 31, 2018
Aug. 31, 2017
QUARTERLY FINANCIAL INFORMATION [Abstract]                              
Total revenues $ 801,300 $ 788,556 $ 854,425 $ 779,637 $ 777,866 $ 782,201 $ 839,563 $ 767,072 $ 733,502 $ 730,258 $ 793,296 $ 739,572 $ 3,223,918 $ 3,166,702 $ 2,996,628
Total cost of goods sold 663,766 661,887 716,858 653,180 650,801 652,694 708,040 644,985 615,920 617,598 667,563 618,671 2,695,691 2,656,520 2,519,752
Net income attributable to PriceSmart, Inc. $ 20,673 $ 14,096 $ 23,810 [1] $ 14,612 $ 18,996 $ 18,694 $ 14,148 $ 22,490 $ 19,798 $ 18,838 $ 27,219 $ 24,869 $ 73,191 [2] $ 74,328 [2] $ 90,724
Basic net income per share $ 0.67 $ 0.46 $ 0.79 $ 0.48 $ 0.62 $ 0.61 $ 0.47 $ 0.74 $ 0.64 $ 0.62 $ 0.90 $ 0.82 $ 2.40 $ 2.44 $ 2.98
Diluted net income per share $ 0.67 $ 0.46 $ 0.79 $ 0.48 $ 0.62 $ 0.61 $ 0.47 $ 0.74 $ 0.64 $ 0.62 $ 0.90 $ 0.82 $ 2.40 $ 2.44 $ 2.98
[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.
[2] In March 2018, the Company acquired technology, talent and cross-border logistics infrastructure that operated a marketplace and casillero business. Investments in the technology, talent and infrastructure to expand our omni-channel capabilities, together with the operating results from the marketplace and casillero business, negatively impacted Net income attributable to PriceSmart, Inc. $14.5 million for the twelve months ended August 31, 2019. Management considers this business to be part of its United States operations.