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JEWETT-CAMERON TRADING COMPANY LTD. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS YEARS ENDED AUGUST 31 (USD $)
 12 Months Ended
Aug. 31, 2014
Aug. 31, 2013
Income statement    
SALES $ 42,339,563 $ 49,286,147
COST OF SALES 33,961,367 39,455,054
GROSS PROFIT 8,378,196 9,831,093
OPERATING EXPENSES    
Selling, general and administrative 1,700,030 1,503,226
Depreciation and amortization 276,340 256,487
Wages and employee benefits 3,317,228 3,397,690
Total operating expenses 5,293,598 5,157,403
Income from operations 3,084,598 4,673,690
OTHER ITEMS    
Gain on sale of property, plant and equipment 3,546 353,852
Interest and other income 27,086 37,383
Total other items 30,632 391,235
Income before income taxes 3,115,230 5,064,925
Income taxes    
Current 1,246,198 [1] 1,780,940 [1]
Deferred 10,579 [1] 151,966 [1]
Net income for the year $ 1,858,453 $ 3,132,019
Basic earnings per common share $ 0.63 $ 1.00
Diluted earnings per common share $ 0.63 $ 1.00
Weighted average number of common shares outstanding Basic 2,968,220 3,135,509
Weighted average number of common shares outstanding Diluted 2,968,220 3,135,509
[1] Note 6