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QUARTERLY FINANCIAL DATA (UNAUDITED) (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Aug. 31, 2016
May 31, 2016
Feb. 29, 2016
Nov. 30, 2015
Aug. 31, 2015
May 31, 2015
Feb. 28, 2015
Nov. 30, 2014
Aug. 31, 2016
Aug. 31, 2015
Aug. 31, 2014
Net sales $ 1,208,580 [1] $ 1,227,390 [1] $ 1,019,697 [1] $ 1,154,859 [1] $ 1,411,496 [1] $ 1,506,002 [1] $ 1,391,117 [1] $ 1,679,990 [1] $ 4,610,526 $ 5,988,605 $ 6,790,438
Gross profit [1] 168,095 175,480 134,821 157,617 157,703 192,148 147,075 179,923      
Net earnings attributable to CMC $ (131) $ 19,328 $ 10,502 $ 25,063 $ 12,353 $ 28,709 $ 6,197 $ 32,184 $ 54,762 $ 79,443 $ 113,243
Basic EPS attributable to CMC $ 0 $ 0.17 $ 0.09 $ 0.22 $ 0.11 $ 0.25 $ 0.05 $ 0.27 $ 0.48 $ 0.68 $ 0.96
Diluted EPS attributable to CMC $ 0.00 $ 0.17 $ 0.09 $ 0.21 0.11 0.25 0.05 0.27 $ 0.47 $ 0.67 $ 0.95
Effect of change in accounting principle on EPS attributable to CMC                      
Net earnings attributable to CMC                 $ (17,857) $ (62,191) $ (2,308)
Basic EPS attributable to CMC         0.16 (0.24) (0.41) (0.04) $ (0.15) $ (0.54) $ (0.02)
Diluted EPS attributable to CMC         $ 0.16 $ (0.24) $ (0.41) $ (0.03) $ (0.15) $ (0.53) $ (0.02)
[1] Excludes divisions classified as discontinued operations. See Note 10, Businesses Held for Sale, Discontinued Operations and Dispositions.