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REVENUE RECOGNITION (Tables)
6 Months Ended
Feb. 29, 2020
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)February 29, 2020August 31, 2019
Contract assets (included in other current assets)$87,801  $103,805  
Contract liabilities (included in accrued expenses and other payables)38,391  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 February 29, 2020
(in thousands)Americas RecyclingAmericas MillsAmericas FabricationInternational MillCorporate and OtherTotal
Steel products$140  $437,648  $441,765  $171,283  $—  $1,050,836  
Ferrous scrap66,040  10,874   159  —  77,074  
Nonferrous scrap112,862  3,535  —  2,249  —  118,646  
Construction materials—  —  66,122  —  —  66,122  
Other493  19,310  2,493  5,965  24  28,285  
Total$179,535  $471,367  $510,381  $179,656  $24  $1,340,963  
Six Months Ended February 29, 2020
(in thousands)Americas RecyclingAmericas MillsAmericas FabricationInternational MillCorporate and OtherTotal
Steel products$255  $878,811  $941,492  $329,227  $—  $2,149,785  
Ferrous scrap124,342  17,622   371  —  142,336  
Nonferrous scrap226,080  6,890  —  4,242  —  237,212  
Construction materials—  —  133,588  —  —  133,588  
Other1,009  42,236  5,677  10,856  2,972  62,750  
Total$351,686  $945,559  $1,080,758  $344,696  $2,972  $2,725,671  

Three Months Ended February 28, 2019
(in thousands)Americas RecyclingAmericas MillsAmericas FabricationInternational MillCorporate and OtherTotal
Steel products$202  $444,327  $462,963  $167,534  $—  $1,075,026  
Ferrous scrap105,253  8,744  —  255  —  114,252  
Nonferrous scrap120,004  3,308  —  2,524  —  125,836  
Construction materials—  —  60,190  —  —  60,190  
Other429  16,416  3,525  4,632  2,477  27,479  
Total$225,888  $472,795  $526,678  $174,945  $2,477  $1,402,783  
Six Months Ended February 28, 2019
(in thousands)Americas RecyclingAmericas MillsAmericas FabricationInternational MillCorporate and Other  Total
Steel products$441  $792,292  $837,770  $385,304  $—  $2,015,807  
Ferrous scrap216,907  17,886  —  530  —  235,323  
Nonferrous scrap248,079  6,488  —  5,465  —  260,032  
Construction materials—  —  117,361  —  —  117,361  
Other642  29,800  6,105  10,319  4,736  51,602  
Total$466,069  $846,466  $961,236  $401,618  $4,736  $2,680,125