XML 39 R32.htm IDEA: XBRL DOCUMENT v2.4.1.9
STOCKHOLDERS’ EQUITY AND EARNINGS PER SHARE ATTRIBUTABLE TO CMC (Tables)
 3 Months Ended
Nov. 30, 2014
Earnings Per Share [Abstract]  
Calculations of the basic and diluted earnings per share from continuing operations
The calculations of basic and diluted earnings per share from continuing operations for the three months ended November 30, 2014 and 2013 are as follows: 
 
 
Three Months Ended November 30,
(in thousands, except share data)
 
2014
 
2013
Earnings from continuing operations
 
$
38,334

 
$
33,700

 
 
 
 
 
Basic earnings per share:
 
 
 
 
       Shares outstanding for basic earnings per share
 
117,818,170

 
117,070,499

 
 
 
 
 
Basic earnings per share attributable to CMC:
 
$
0.33

 
$
0.29

 
 
 
 
 
Diluted earnings per share:
 
 
 
 
       Shares outstanding for basic earnings per share
 
117,818,170

 
117,070,499

 
 
 
 
 
Effect of dilutive securities:
 
 
 
 
Stock-based incentive/purchase plans
 
1,091,448

 
1,086,112

Shares outstanding for diluted earnings per share
 
118,909,618

 
118,156,611

 
 
 
 
 
Diluted earnings per share attributable to CMC:
 
$
0.32

 
$
0.29

 
 
 
 
 
Anti-dilutive shares not included above
 
672,352

 
1,364,036


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