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EARNINGS PER SHARE ATTRIBUTABLE TO CMC
 12 Months Ended
Aug. 31, 2017
Earnings Per Share [Abstract]  
EARNINGS PER SHARE ATTRIBUTABLE TO CMC
NOTE 19. EARNINGS PER SHARE

The calculations of basic and diluted earnings per share from continuing operations were as follows: 
 
 
August 31,
 
 
2017
 
2016
 
2015
Earnings from continuing operations
 
$
32,550

 
$
57,900

 
$
63,004

 
 
 
 
 
 
 
Basic earnings per share:
 
 
 
 
 
 
Shares outstanding for basic earnings per share
 
115,654,466

 
115,211,490

 
116,527,265

 
 
 
 
 
 
 
Basic earnings per share from continuing operations
 
$
0.28

 
$
0.50

 
$
0.54

 
 
 
 
 
 
 
Diluted earnings per share:
 
 
 
 
 
 
Shares outstanding for basic earnings per share
 
115,654,466

 
115,211,490

 
116,527,265

Effect of dilutive securities:
 
 
 
 
 
 

Stock-based incentive/purchase plans
 
1,709,942

 
1,412,336

 
1,422,633

Shares outstanding for diluted earnings per share
 
117,364,408

 
116,623,826

 
117,949,898

 
 
 
 
 
 
 
Diluted earnings per share from continuing operations
 
$
0.27

 
$
0.50

 
$
0.53

 
 
 
 
 
 
 
Anti-dilutive shares not included above
 
—

 
274,251

 
371,273



Shares of CMC restricted stock is included in the number of shares of common stock issued and outstanding, but omitted from the basic earnings per share calculation until the shares vest.