REVENUE RECOGNITION (Tables)

9 Months Ended

May 31, 2019

Revenue from Contract with Customer [Abstract]

Information avout Assets and Liabilities from Contracts with Customers

The following table provides information about assets and liabilities from contracts with customers.

(in thousands)	May 31, 2019		August 31, 2018
Contract assets (included in other current assets)	$	96,842	$	49,221
Contract liabilities (included in accrued expenses and other payables)	35,812		6,679

Disaggregation of Revenue

The following tables display revenue by reportable segment from external customers, disaggregated by major source. The Company believes disaggregating by these categories depicts how the nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factors.

	Three Months Ended May 31, 2019
(in thousands)	Americas Recycling		Americas Mills		Americas Fabrication		International Mill		Corporate and Other		Total
Steel products	$	238	$	501,925	$	554,672	$	199,431	$	—	$	1,256,266
Ferrous scrap	106,404		8,916		2		525		—		115,847
Nonferrous scrap	121,581		4,080		—		3,212		—		128,873
Construction materials	—		—		71,228		—		—		71,228
Other	563		21,114		3,608		5,854		2,519		33,658
Total	$	228,786	$	536,035	$	629,510	$	209,022	$	2,519	$	1,605,872
	Nine Months Ended May 31, 2019
(in thousands)	Americas Recycling		Americas Mills		Americas Fabrication		International Mill		Corporate and Other		Total
Steel products	$	679	$	1,294,217	$	1,392,442	$	584,735	$	—	$	3,272,073
Ferrous scrap	323,311		26,802		2		1,055		—		351,170
Nonferrous scrap	369,660		10,568		—		8,677		—		388,905
Construction materials	—		—		188,589		—		—		188,589
Other	1,205		50,914		9,713		16,173		7,255		85,260
Total	$	694,855	$	1,382,501	$	1,590,746	$	610,640	$	7,255	$	4,285,997

	Three Months Ended May 31, 2018*
(in thousands)	Americas Recycling		Americas Mills		Americas Fabrication		International Mill		Corporate and Other		Total
Steel products	$	319	$	305,390	$	303,363	$	193,114	$	—	$	802,186
Ferrous scrap	144,398		8,462		2		351		—		153,213
Nonferrous scrap	147,683		4,851		—		3,286		—		155,820
Construction materials	—		—		70,436		—		—		70,436
Other	279		13,756		1,382		4,687		2,725		22,829
Total	$	292,679	$	332,459	$	375,183	$	201,438	$	2,725	$	1,204,484
	Nine Months Ended May 31, 2018*
(in thousands)	Americas Recycling		Americas Mills		Americas Fabrication		International Mill		Corporate and Other		Total
Steel products	$	894	$	766,976	$	830,172	$	605,152	$	—	$	2,203,194
Ferrous scrap	383,358		24,605		2		970		—		408,935
Nonferrous scrap	447,060		12,734		—		10,427		—		470,221
Construction materials	—		—		180,641		—		—		180,641
Other	1,136		37,580		5,119		16,585		11,874		72,294
Total	$	832,448	$	841,895	$	1,015,934	$	633,134	$	11,874	$	3,335,285

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* Prior period amounts have been reported under ASC 605.