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EARNINGS PER SHARE (Tables) | 12 Months Ended
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Aug. 31, 2023
Earnings Per Share [Abstract] |
Schedule of the Computation of Net Income Per Share | The following table sets forth the computation of net income per share attributable to PriceSmart for the twelve months ended August 31, 2023, 2022 and 2021 (in thousands, except per share amounts):
| Years Ended August 31,
| 2023 |  | 2022 |  | 2021
Net income attributable to PriceSmart, Inc. | $ | 109,205 |  | $ | 104,534 |  | $ | 97,963
Less: Allocation of income to unvested stockholders | (1,311) |  | (1,245) |  |  | (1,282) |
Net income attributable to PriceSmart, Inc. available for distribution | $ | 107,894 |  | $ | 103,289 |  | $ | 96,681
Basic weighted average shares outstanding | 30,763 |  | 30,591 |  | 30,403
Add dilutive effect of performance stock units (two-class method) | 23 |  | 9 |  | —
Diluted average shares outstanding | 30,786 |  | 30,600 |  | 30,403
Basic net income per share | $ | 3.51 |  | $ | 3.38 |  | $ | 3.18
Diluted net income per share | $ | 3.50 |  | $ | 3.38 |  | $ | 3.18

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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