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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Aug. 31, 2021
Aug. 31, 2020
Aug. 31, 2019
Revenues:      
Net merchandise sales $ 3,465,442 $ 3,191,762 $ 3,091,648
Export sales 41,520 34,374 30,981
Membership income 56,030 54,501 52,149
Other revenue and income 56,879 48,551 49,140
Total revenues 3,619,871 3,329,188 3,223,918
Cost of goods sold:      
Net merchandise sales 2,912,489 2,723,942 2,648,665
Export sales 39,513 32,676 29,524
Non-merchandise 23,336 18,160 17,502
Selling, general and administrative:      
Warehouse club and other operations 359,221 323,178 307,823
General and administrative 125,416 106,776 101,432
Pre-opening expenses 849 1,545 2,726
Loss on disposal of assets 1,027 443 1,079
Total operating expenses 3,461,851 3,206,720 3,108,751
Operating income 158,020 122,468 115,167
Other expense:      
Interest income 1,979 2,031 1,489
Interest expense (7,210) (7,625) (3,939)
Other expense, net (5,603) (834) (1,607)
Total other expense (10,834) (6,428) (4,057)
Income before provision for income taxes and loss of unconsolidated affiliates 147,186 116,040 111,110
Provision for income taxes (48,969) (37,764) (37,560)
Loss of unconsolidated affiliates (58) (95) (61)
Net income 98,159 78,181 73,489
Less: net income attributable to noncontrolling interest (196) (72) (298)
Net income attributable to PriceSmart, Inc. $ 97,963 $ 78,109 $ 73,191
Net income attributable to PriceSmart Inc, per share available for distribution:      
Basic $ 3.18 $ 2.55 $ 2.40
Diluted $ 3.18 $ 2.55 $ 2.40
Shares used in per share computations:      
Basic 30,403 30,259 30,195
Diluted 30,403 30,259 30,195
Dividends per share $ 0.70 $ 0.70 $ 0.70