XML 41 R2.htm IDEA: XBRL DOCUMENT v3.2.0.727
CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
May. 31, 2015
May. 31, 2014
May. 31, 2015
May. 31, 2014
Income Statement [Abstract]        
Net sales $ 1,506,002 $ 1,738,593 $ 4,577,109 $ 4,953,129
Costs and expenses:        
Cost of goods sold 1,270,044 1,560,174 3,933,516 4,455,481
Selling, general and administrative expenses 110,347 121,402 333,332 336,334
Interest expense 20,519 18,849 58,828 57,234
Total costs and expenses 1,400,910 1,700,425 4,325,676 4,849,049
Earnings from continuing operations before income taxes 105,092 38,168 251,433 104,080
Income taxes 37,964 13,700 84,252 32,657
Earnings from continuing operations 67,128 24,468 167,181 71,423
Earnings (loss) from discontinued operations before income taxes (benefit) (10,871) (1,042) (20,241) 17,969
Income taxes (benefit) (424) (137) (445) 8,766
Earnings (loss) from discontinued operations (10,447) (905) (19,796) 9,203
Net earnings 56,681 23,563 147,385 80,626
Less net earnings attributable to noncontrolling interests 0 0 0 1
Net earnings attributable to CMC $ 56,681 $ 23,563 $ 147,385 $ 80,625
Basic earnings (loss) per share attributable to CMC:        
Earnings from continuing operations (in USD per share) $ 0.58 $ 0.21 $ 1.43 $ 0.61
Earnings (loss) from discontinued operations (in USD per share) (0.09) (0.01) (0.17) 0.08
Net earnings (in USD per share) 0.49 0.20 1.26 0.69
Diluted earnings (loss) per share attributable to CMC:        
Earnings from continuing operations (in USD per share) 0.58 0.21 1.42 0.60
Earnings (loss) from discontinued operations (in USD per share) (0.09) (0.01) (0.17) 0.08
Net earnings (in USD per share) 0.49 0.20 1.25 0.68
Cash dividends per share (in USD per share) $ 0.12 $ 0.12 $ 0.36 $ 0.36
Average basic shares outstanding 115,742,534 117,705,133 116,807,469 117,400,198
Average diluted shares outstanding 116,759,215 118,769,675 117,871,228 118,521,816