XML 15 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
May 31, 2017
Aug. 31, 2016
Current assets:    
Cash and cash equivalents $ 275,778 $ 517,544
Accounts receivable (less allowance for doubtful accounts of $4,986 and $6,427) 869,970 765,784
Inventories, net 798,013 652,754
Other current assets 108,248 112,043
Total current assets 2,052,009 2,048,125
Property, plant and equipment:    
Land 82,137 70,291
Buildings and improvements 512,843 487,305
Equipment 1,717,576 1,655,909
Construction in process 218,724 111,156
Property, plant and equipment, Gross 2,531,280 2,324,661
Less accumulated depreciation and amortization (1,514,405) (1,429,612)
Property, plant and equipment, Net 1,016,875 895,049
Goodwill 66,764 66,373
Other noncurrent assets 138,951 121,322
Total assets 3,274,599 3,130,869
Current liabilities:    
Accounts payable-trade 345,974 243,532
Accounts payable-documentary letters of credit 566 5
Accrued expenses and other payables 258,288 264,112
Current maturities of long-term debt 311,654 313,469
Total current liabilities 916,482 821,118
Deferred income taxes 61,492 63,021
Other long-term liabilities 126,864 121,351
Long-term debt 751,676 757,948
Total liabilities 1,856,514 1,763,438
Commitments and contingencies (Note 14)
Stockholders' equity:    
Common stock, par value $0.01 per share; authorized 200,000,000 shares; issued 129,060,664 shares; outstanding 115,788,992 and 114,635,596 shares, respectively 1,290 1,290
Additional paid-in capital 338,548 358,745
Accumulated other comprehensive loss (97,001) (112,914)
Retained earnings 1,407,242 1,372,988
Less treasury stock, 13,271,672 and 14,425,068 shares at cost (232,167) (252,837)
Stockholders' equity attributable to CMC 1,417,912 1,367,272
Stockholders' equity attributable to noncontrolling interests 173 159
Total stockholders' equity 1,418,085 1,367,431
Total liabilities and stockholders' equity $ 3,274,599 $ 3,130,869