Earnings (Loss) Per Share Attributable To CMC

12 Months Ended

Aug. 31, 2013

Earnings Per Share [Abstract]

Earnings (loss) per share attributable to CMC

NOTE 19. EARNINGS (LOSS) PER SHARE ATTRIBUTABLE TO CMC

In calculating earnings per share, there were no adjustments to net earnings to arrive at earnings for any periods presented. The reconciliation of the denominators of the earnings per share calculations is as follows:

	August 31,
	2013	2012	2011
Shares outstanding for basic earnings (loss) per share	116,677,836	115,861,986	114,995,616
Effect of dilutive securities:
Stock-based incentive/purchase plans	875,116	921,174	1,115,507
Shares outstanding for diluted earnings (loss) per share	117,552,952	116,783,160	116,111,123

For the years ended August 31, 2013, 2012 and 2011 SARs with total share commitments of 1.5 million, 2.8 million and 2.3 million respectively, were antidilutive and therefore excluded from the calculation of diluted earnings per share. All stock options and SARs expire by 2020.

The Company's restricted stock is included in the number of shares of common stock issued and outstanding, but omitted from the basic earnings per share calculation until the shares vest.