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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, 2022
May 31, 2021
May 31, 2022
May 31, 2021
EARNINGS PER SHARE [Abstract]        
Net income attributable to PriceSmart, Inc. $ 19,258 $ 22,529 $ 81,230 $ 78,502
Less: Allocation of income to unvested stockholders (312) (372) (869) (952)
Net income attributable to PriceSmart, Inc. available for distribution $ 18,946 $ 22,157 $ 80,361 $ 77,550
Basic weighted average shares outstanding 30,615 30,414 30,582 30,396
Add dilutive effect of performance stock units (two-class method) 14 32 6 27
Diluted average shares outstanding 30,629 30,446 30,588 30,423
Basic net income per share $ 0.62 $ 0.73 $ 2.63 $ 2.55
Diluted net income per share $ 0.62 $ 0.73 $ 2.63 $ 2.55