EARNINGS PER SHARE (Tables)

9 Months Ended

May 31, 2023

Schedule of the Computation of Net Income Per Share

The following table sets forth the computation of net income per share for the three and nine-months ended May 31, 2023 and 2022 (in thousands, except per share amounts):


	Three Months Ended				Nine Months Ended
	May 31, 2023		May 31, 2022		May 31, 2023		May 31, 2022
Net income attributable to PriceSmart, Inc.	$	29,572	$	19,258	$	93,824	$	81,230
Less: Allocation of income to unvested stockholders	(456)		(312)		(1,098)		(869)
Net income attributable to PriceSmart, Inc. available for distribution	$	29,116	$	18,946	$	92,726	$	80,361
Basic weighted average shares outstanding	30,800		30,615		30,752		30,582
Add dilutive effect of performance stock units (two-class method)	29		14		18		6
Diluted average shares outstanding	30,829		30,629		30,770		30,588
Basic net income per share	$	0.95	$	0.62	$	3.02	$	2.63
Diluted net income per share	$	0.94	$	0.62	$	3.01	$	2.63