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EARNINGS PER SHARE (Schedule of the Computation of Net Income Per Share) (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
May 31, 2021
May 31, 2020
May 31, 2021
May 31, 2020
EARNINGS PER SHARE [Abstract]        
Net income attributable to PriceSmart, Inc. $ 22,529 $ 12,705 $ 78,502 $ 58,033
Less: Allocation of income to unvested stockholders (372) (188) (952) (527)
Net income attributable to PriceSmart, Inc. per share available for distribution $ 22,157 $ 12,517 $ 77,550 $ 57,506
Basic weighted average shares outstanding 30,414 30,271 30,396 30,268
Add dilutive effect of performance stock units (two-class method) 32 4 27 5
Diluted average shares outstanding 30,446 30,275 30,423 30,273
Basic net income per share $ 0.73 $ 0.41 $ 2.55 $ 1.90
Diluted net income per share $ 0.73 $ 0.41 $ 2.55 $ 1.90