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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
May 31, 2017
May 31, 2016
May 31, 2017
May 31, 2016
Income Statement [Abstract]        
Net sales $ 1,382,616 $ 1,227,390 $ 3,607,300 $ 3,401,946
Costs and expenses:        
Cost of goods sold 1,209,195 1,051,910 3,142,697 2,934,028
Selling, general and administrative expenses 108,803 114,841 324,789 310,667
Interest expense 12,368 14,737 38,108 49,666
Loss on debt extinguishment 0 115 0 11,480
Total costs and expenses 1,330,366 1,181,603 3,505,594 3,305,841
Earnings from continuing operations before income taxes 52,250 45,787 101,706 96,105
Income taxes 12,641 10,676 25,284 24,512
Earnings from continuing operations 39,609 35,111 76,422 71,593
Loss from discontinued operations before income taxes (benefit) (351) (15,785) (542) (16,803)
Income taxes (benefit) (8) (2) 7 (103)
Loss from discontinued operations (343) (15,783) (549) (16,700)
Net earnings 39,266 19,328 75,873 54,893
Less net earnings attributable to noncontrolling interests 0 0 0 0
Net earnings attributable to CMC $ 39,266 $ 19,328 $ 75,873 $ 54,893
Basic earnings (loss) per share attributable to CMC:        
Earnings from continuing operations (in USD per share) $ 0.34 $ 0.31 $ 0.66 $ 0.62
Earnings (loss) from discontinued operations (in USD per share) 0.00 (0.14) 0.00 (0.14)
Net earnings (in USD per share) 0.34 0.17 0.66 0.48
Diluted earnings (loss) per share attributable to CMC:        
Earnings from continuing operations (in USD per share) 0.34 0.30 0.65 0.61
Earnings (loss) from discontinued operations (in USD per share) 0.00 (0.13) 0.00 (0.14)
Net earnings (in USD per share) 0.34 0.17 0.65 0.47
Cash dividends per share (in USD per share) $ 0.12 $ 0.12 $ 0.36 $ 0.36
Average basic shares outstanding 115,886,372 114,677,109 115,574,289 115,373,736
Average diluted shares outstanding 117,205,369 115,995,515 117,087,341 116,758,716