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JEWETT-CAMERON TRADING COMPANY LTD. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
 12 Months Ended
Aug. 31, 2015
Aug. 31, 2014
Income statement    
SALES $ 42,238,151 $ 42,339,563
COST OF SALES 33,821,114 33,961,367
GROSS PROFIT 8,417,037 8,378,196
OPERATING EXPENSES    
Selling, general and administrative 1,814,899 1,700,030
Depreciation and amortization 281,762 276,340
Wages and employee benefits 3,396,793 3,317,228
Total operating expenses 5,493,454 5,293,598
Income from operations 2,923,583 3,084,598
OTHER ITEMS    
Gain on sale of property, plant and equipment   3,546
Interest and other income 31,993 27,086
Total other items 31,993 30,632
Income before income taxes 2,955,576 3,115,230
Income taxes    
Current [1] 1,208,277 1,246,198
Deferred [1] (26,672) 10,579
Net income for the year $ 1,773,971 $ 1,858,453
Basic earnings per common share $ 0.69 $ 0.63
Diluted earnings per common share $ 0.69 $ 0.63
Weighted average number of common shares outstanding: Basic 2,581,850 2,968,220
Weighted average number of common shares outstanding: Diluted 2,581,850 2,968,220
[1] Note 6