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EARNINGS PER SHARE (Calculations of Basic and Diluted Earnings Per Share) (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Aug. 31, 2020
May 31, 2020
Feb. 29, 2020
Nov. 30, 2019
Aug. 31, 2019
May 31, 2019
Feb. 28, 2019
Nov. 30, 2018
Aug. 31, 2020
Aug. 31, 2019
Aug. 31, 2018
Earnings Per Share [Abstract]                      
Earnings from continuing operations $ 67,782 $ 64,169 $ 63,596 $ 82,755 $ 85,880 $ 78,551 $ 14,928 $ 19,420 $ 278,302 $ 198,779 $ 135,237
Basic earnings per share:                      
Shares outstanding for basic earnings per share                 118,921,854 117,834,558 116,822,583
Basic earnings per share from continuing operations attributable to CMC (USD per share) $ 0.57 $ 0.54 $ 0.53 $ 0.70 $ 0.73 $ 0.67 $ 0.13 $ 0.17 $ 2.34 [1] $ 1.69 [1] $ 1.16 [1]
Diluted earnings per share:                      
Shares outstanding for basic earnings per share                 118,921,854 117,834,558 116,822,583
Effect of dilutive securities:                      
Stock-based incentive/purchase plans                 1,387,767 1,290,070 1,323,265
Shares outstanding for diluted earnings per share                 120,309,621 119,124,628 118,145,848
Diluted earnings per share from continuing operations attributable to CMC (USD per share) $ 0.56 $ 0.53 $ 0.53 $ 0.69 $ 0.72 $ 0.66 $ 0.13 $ 0.16 $ 2.31 [1] $ 1.67 [1] $ 1.14 [1]
[1] Earnings Per Share ("EPS") is calculated independently for each component and may not sum to Net EPS due to rounding