CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
May 31, 2021
May 31, 2020
May 31, 2021
May 31, 2020
Revenues:        
Net merchandise sales $ 857,478 $ 768,368 $ 2,594,251 $ 2,418,822
Export sales 10,213 8,321 30,800 25,029
Membership income 14,329 13,525 41,427 41,364
Other revenue and income 13,244 9,717 43,787 33,392
Total revenues 895,264 799,931 2,710,265 2,518,607
Cost of goods sold:        
Net merchandise sales 720,726 661,258 2,179,453 2,067,416
Export sales 9,820 7,995 29,568 24,044
Non-merchandise 5,755 3,503 17,847 12,416
Selling, general and administrative:        
Warehouse club and other operations 89,322 78,431 264,603 241,826
General and administrative 33,225 24,408 92,016 77,910
Pre-opening expenses 1 257 651 1,254
Loss on disposal of assets 366 112 568 251
Total operating expenses 859,215 775,964 2,584,706 2,425,117
Operating income 36,049 23,967 125,559 93,490
Other income (expense):        
Interest income 518 554 1,454 1,433
Interest expense (1,596) (2,564) (5,857) (5,116)
Other expense, net (2,295) (1,564) (4,132) (1,826)
Total other expense (3,373) (3,574) (8,535) (5,509)
Income before provision for income taxes and loss of unconsolidated affiliates 32,676 20,393 117,024 87,981
Provision for income taxes (10,082) (7,744) (38,265) (29,849)
Loss of unconsolidated affiliates (13) (16) (34) (79)
Net income 22,581 12,633 78,725 58,053
Less: net (income) loss attributable to noncontrolling interest (52) 72 (223) (20)
Net income attributable to PriceSmart, Inc. $ 22,529 $ 12,705 $ 78,502 $ 58,033
Net income attributable to PriceSmart Inc, per share available for distribution:        
Basic $ 0.73 $ 0.41 $ 2.55 $ 1.90
Diluted $ 0.73 $ 0.41 $ 2.55 $ 1.90
Shares used in per share computations:        
Basic 30,414 30,271 30,396 30,268
Diluted 30,446 30,275 30,423 30,273