XML 20 R5.htm IDEA: XBRL DOCUMENT v3.25.3
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Aug. 31, 2025
Aug. 31, 2024
Aug. 31, 2023
Revenues:      
Total revenues $ 5,270,094 $ 4,913,898 $ 4,411,842
Cost of goods sold:      
Cost of goods sold 4,355,722 4,066,974 3,652,511
Selling, general and administrative:      
Warehouse club and other operations 498,409 466,457 417,272
General and administrative 179,859 156,385 134,783
Reserve for AMT settlement 0 0 7,179
Separation costs associated with Chief Executive Officer departure 0 0 7,747
Pre-opening expenses 1,127 970 1,432
Asset impairment and closure costs 0 0 5,658
Loss on disposal of assets 2,467 2,168 744
Total operating expenses 5,037,584 4,692,954 4,227,326
Operating income 232,510 220,944 184,516
Other income (expense):      
Interest income 10,139 11,049 9,871
Interest expense (11,515) (12,959) (11,020)
Other expense, net (24,636) (17,607) (14,156)
Total other expense (26,012) (19,517) (15,305)
Income before provision for income taxes and income (loss) of unconsolidated affiliates 206,498 201,427 169,211
Provision for income taxes (58,617) (62,618) (59,951)
Income (loss) of unconsolidated affiliates 6 66 (55)
Net income $ 147,887 $ 138,875 $ 109,205
Net income per share available for distribution:      
Basic (in dollars per share) $ 4.82 $ 4.57 $ 3.51
Diluted (in dollars per share) $ 4.82 $ 4.57 $ 3.50
Shares used in per share computations:      
Basic (in shares) 30,056 30,032 30,763
Diluted (in shares) 30,063 30,032 30,786
Dividends (in dollars per share) $ 1.26 $ 2.16 $ 0.92
Net merchandise sales      
Revenues:      
Total revenues $ 5,151,120 $ 4,783,119 $ 4,300,706
Cost of goods sold:      
Cost of goods sold 4,341,358 4,029,490 3,622,354
Export sales      
Revenues:      
Total revenues 15,235 39,438 31,741
Cost of goods sold:      
Cost of goods sold 14,364 37,484 30,157
Membership income      
Revenues:      
Total revenues 85,573 75,240 66,048
Other revenue and income      
Revenues:      
Total revenues $ 18,166 $ 16,101 $ 13,347