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CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
$ in Thousands
12 Months Ended
Aug. 31, 2016
Aug. 31, 2015
Aug. 31, 2014
Net sales $ 4,610,526 $ 5,988,605 $ 6,790,438
Costs and expenses:      
Cost of goods sold 3,974,513 5,311,756 6,096,196
Selling, general and administrative expenses 437,084 443,275 448,943
Impairment of assets 40,028 9,839 3,305
Interest expense 62,231 77,760 77,037
Loss on debt extinguishment 11,480 0 0
Total costs and expenses 4,525,336 5,842,630 6,625,481
Earnings from continuing operations before income taxes 85,190 145,975 164,957
Income taxes 12,647 46,844 47,351
Earnings from continuing operations 72,543 99,131 117,606
Loss from discontinued operations before income taxes (17,949) (20,124) (2,650)
Income taxes (benefit) (168) (436) 1,712
Loss from discontinued operations (17,781) (19,688) (4,362)
Net earnings 54,762 79,443 113,244
Less net earnings attributable to noncontrolling interests 0 0 1
Net earnings attributable to CMC $ 54,762 $ 79,443 $ 113,243
Basic earnings (loss) per share attributable to CMC:      
Earnings from continuing operations $ 0.63 $ 0.85 $ 1.00
Loss from discontinued operations (0.15) (0.17) (0.04)
Net earnings 0.48 0.68 0.96
Diluted earnings (loss) per share attributable to CMC:      
Earnings from continuing operations 0.62 0.84 0.99
Loss from discontinued operations (0.15) (0.17) (0.04)
Net earnings $ 0.47 $ 0.67 $ 0.95