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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
9 Months Ended
May 31, 2017
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
Goodwill, gross
 
 
 
 
 
 
 
 
 
 
 
 
Balance at August 31, 2016
 
$
9,751

 
$
4,970

 
$
57,637

 
$
2,432

 
$
1,982

 
$
76,772

 
Acquisitions
 

 

 
306

 

 

 
306

 
Foreign currency translation
 

 

 

 
123

 
(30
)
 
93

Balance at May 31, 2017
 
$
9,751

 
$
4,970

 
$
57,943

 
$
2,555

 
$
1,952

 
$
77,171

 
 
 
 
 
 
 
 
 
 
 
 
 
Accumulated impairment losses
 
 
 
 
 
 
 
 
 
 
 
 
Balance at August 31, 2016
 
$
(9,751
)
 
$

 
$
(493
)
 
$
(155
)
 
$

 
$
(10,399
)
 
Foreign currency translation
 

 

 

 
(8
)
 

 
(8
)
Balance at May 31, 2017
 
$
(9,751
)
 
$

 
$
(493
)
 
$
(163
)
 
$

 
$
(10,407
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill, net
 
 
 
 
 
 
 
 
 
 
 
 
Balance at August 31, 2016
 
$

 
$
4,970

 
$
57,144

 
$
2,277

 
$
1,982

 
$
66,373

 
Acquisitions
 

 

 
306

 

 

 
306

 
Foreign currency translation
 

 

 

 
115

 
(30
)
 
85

Balance at May 31, 2017
 
$

 
$
4,970

 
$
57,450

 
$
2,392

 
$
1,952

 
$
66,764