REVENUE RECOGNITION (Tables)

3 Months Ended

Nov. 30, 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)	November 30, 2019		August 31, 2019
Contract assets (included in other current assets)	$	89,507	$	103,805
Contract liabilities (included in accrued expenses and other payables)	34,037		37,165

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 November 30, 2019
(in thousands)	Americas Recycling		Americas Mills		Americas Fabrication		International Mill		Corporate and Other		Total
Steel products	$	115	$	441,163	$	499,727	$	157,944	$	—	$	1,098,949
Ferrous scrap	58,302		6,748		—		212		—		65,262
Nonferrous scrap	113,218		3,355		—		1,993		—		118,566
Construction materials	—		—		67,466		—		—		67,466
Other	516		22,926		3,184		4,891		2,948		34,465
Total	$	172,151	$	474,192	$	570,377	$	165,040	$	2,948	$	1,384,708

	Three Months Ended November 30, 2018
(in thousands)	Americas Recycling		Americas Mills		Americas Fabrication		International Mill		Corporate and Other		Total
Steel products	$	239	$	347,965	$	374,807	$	217,770	$	—	$	940,781
Ferrous scrap	111,654		9,142		—		275		—		121,071
Nonferrous scrap	128,075		3,180		—		2,941		—		134,196
Construction materials	—		—		57,171		—		—		57,171
Other	213		13,384		2,580		5,687		2,259		24,123
Total	$	240,181	$	373,671	$	434,558	$	226,673	$	2,259	$	1,277,342