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BUSINESS SEGMENTS (Tables)
 3 Months Ended
Nov. 30, 2015
Segment Reporting [Abstract]  
Summary of certain financial information from continuing operations by reportable segment
The following is a summary of certain financial information from continuing operations by reportable segment:
 
 
Three Months Ended November 30, 2015
 
 
Americas
 
International
 
 
 
 
 
 
(in thousands)
 
Recycling
 
Mills
 
Fabrication
 
Mill
 
Marketing and Distribution
 
Corporate
 
Eliminations
 
Continuing Operations
Net sales-unaffiliated customers
 
$
154,836

 
$
217,641

 
$
379,481

 
$
120,448

 
$
280,062

 
$
2,391

 
$
—

 
$
1,154,859

Intersegment sales
 
24,371

 
166,891

 
2,833

 
—

 
2,975

 
—

 
(197,070
)
 
—

Net sales
 
179,207

 
384,532

 
382,314

 
120,448

 
283,037

 
2,391

 
(197,070
)
 
1,154,859

Adjusted operating profit (loss)
 
(6,548
)
 
59,064

 
21,345

 
2,771

 
(2,169
)
 
(18,072
)
 
(330
)
 
56,061

Total Assets as of November 30, 2015*
 
220,683

 
690,262

 
667,239

 
338,995

 
710,651

 
1,203,498

 
(550,372
)
 
3,280,956

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Three Months Ended November 30, 2014
 
 
Americas
 
International
 
 
 
 
 
 
(in thousands)
 
Recycling
 
Mills
 
Fabrication
 
Mill
 
Marketing and Distribution
 
Corporate
 
Eliminations
 
Continuing Operations
Net sales-unaffiliated customers
 
$
269,802

 
$
303,859

 
$
408,237

 
$
177,629

 
$
519,631

 
$
832

 
$
—

 
$
1,679,990

Intersegment sales
 
46,257

 
220,992

 
4,251

 
—

 
18,175

 
—

 
(289,675
)
 
—

Net sales
 
316,059

 
524,851

 
412,488

 
177,629

 
537,806

 
832

 
(289,675
)
 
1,679,990

Adjusted operating profit (loss)
 
(1,952
)
 
72,648

 
(4,181
)
 
4,223

 
16,669

 
(19,611
)
 
(805
)
 
66,991

Total assets as of August 31, 2015*
 
261,676

 
738,669

 
713,860

 
403,706

 
798,914

 
1,049,815

 
(552,577
)
 
3,414,063

                                             
* Excludes total assets from discontinued operations of $21.7 million at November 30, 2015 and $31.5 million at August 31, 2015.
Reconciliations of earnings from continuing operations to adjusted operating profit
Reconciliations of earnings from continuing operations to adjusted operating profit are provided below:
 
 
Three Months Ended November 30,
(in thousands)
 
2015
 
2014
Earnings from continuing operations
 
$
25,633


$
34,265

Income taxes
 
11,772


13,218

Interest expense
 
18,304


19,057

Discounts on sales of accounts receivable
 
352


451

Adjusted operating profit
 
$
56,061


$
66,991