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EARNINGS PER SHARE ATTRIBUTABLE TO CMC
12 Months Ended
Aug. 31, 2014
Earnings Per Share [Abstract]  
EARNINGS PER SHARE ATTRIBUTABLE TO CMC
NOTE 19. EARNINGS PER SHARE ATTRIBUTABLE TO CMC
The calculations of basic and diluted earnings per share from continuing operations were as follows: 
 
 
August 31,
 
 
2014
 
2013
 
2012
Earnings from continuing operations
 
$
102,087

 
$
74,957

 
$
210,549

 
 
 
 
 
 
 
Basic earnings per share:
 
 
 
 
 
 
Shares outstanding for basic earnings per share
 
117,496,270

 
116,677,836

 
115,861,986

 
 
 
 
 
 
 
Basic earnings per share from continuing operations attributable to CMC
 
$
0.87

 
$
0.64

 
$
1.82

 
 
 
 
 
 
 
Diluted earnings per share:
 
 
 
 
 
 
Shares outstanding for basic earnings per share
 
117,496,270

 
116,677,836

 
115,861,986

 
 
 
 
 
 
 
Effect of dilutive securities:
 
 
 
 
 
 

Stock-based incentive/purchase plans
 
1,110,836

 
875,116

 
921,174

Shares outstanding for diluted earnings per share
 
118,607,106

 
117,552,952

 
116,783,160

 
 
 
 
 
 
 
Diluted earnings per share from continuing operations attributable to CMC
 
$
0.86

 
$
0.64

 
$
1.80

 
 
 
 
 
 
 
Anti-dilutive shares not included above
 
679,916

 
1,492,206

 
2,804,492


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All stock options and stock appreciation rights expire during fiscal 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.