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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
12 Months Ended
Aug. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in the carrying amount of goodwill
The following table details the changes in the carrying amount of goodwill by reportable segment:
 
 
 
Americas
 
International
 
 
(in thousands)
 
Recycling
 
Mills
 
Fabrication
 
Mill
 
Marketing and Distribution
 
Consolidated
Balance at September 1, 2014
 
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill
 
$
9,751

 
$
4,970

 
$
57,637

 
$
2,964

 
$
8,805

 
$
84,127

 
Accumulated impairment losses
 
(2,484
)
 

 
(493
)
 
(188
)
 
(6,643
)
 
(9,808
)
 
 
 
7,267

 
4,970

 
57,144

 
2,776

 
2,162

 
74,319

Impairment
 
(7,267
)
 

 

 

 

 
(7,267
)
Goodwill reclassified to assets held for sale (1)
 

 

 

 

 
(6,643
)
 
(6,643
)
Accumulated impairment losses reclassified to assets held for sale (1)
 

 

 

 

 
6,643

 
6,643

Translation
 

 

 

 
(419
)
 
(250
)
 
(669
)
Balance at August 31, 2015
 
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill
 
9,751

 
4,970

 
57,637

 
2,517

 
1,912

 
76,787

 
Accumulated impairment losses
 
(9,751
)
 

 
(493
)
 
(160
)
 

 
(10,404
)
 
 

 
4,970

 
57,144

 
2,357

 
1,912

 
66,383

Translation
 

 

 

 
(80
)
 
70

 
(10
)
Balance at August 31, 2016
 
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill
 
9,751

 
4,970

 
57,637

 
2,432

 
1,982

 
76,772

 
Accumulated impairment losses
 
(9,751
)
 

 
(493
)
 
(155
)
 

 
(10,399
)
 
 
 
$

 
$
4,970

 
$
57,144

 
$
2,277

 
$
1,982

 
$
66,373


(1) Includes $1.6 million of goodwill and $1.6 million of accumulated goodwill impairment losses related to assets that were sold during the fourth quarter of fiscal 2015.

Intangible assets subject to amortization
The following intangible assets subject to amortization are included in other noncurrent assets on the Company's consolidated balance sheets:
 
 
August 31, 2016
 
August 31, 2015
(in thousands)
 
Gross
Carrying Amount
 
Accumulated Amortization
 
Net
 
Gross
Carrying Amount
 
Accumulated Amortization
 
Net
Customer base
 
$
6,160

 
$
2,714

 
$
3,446

 
$
35,369

 
$
28,814

 
$
6,555

Favorable land leases
 
10,081

 
2,518

 
7,563

 
10,091

 
2,101

 
7,990

Non-competition agreements
 
1,600

 
371

 
1,229

 
1,629

 
217

 
1,412

Brand name
 
628

 
328

 
300

 
648

 
306

 
342

Other
 
101

 
58

 
43

 
101

 
52

 
49

Total
 
$
18,570

 
$
5,989

 
$
12,581

 
$
47,838

 
$
31,490

 
$
16,348

Estimated future amortization expense of intangible assets
Estimated amounts of amortization expense for the next five years are as follows:
 
 
 
Year Ended August 31,
 
(in thousands)
2017
 
$
1,098

2018
 
1,080

2019
 
1,039

2020
 
891

2021
 
881