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STOCKHOLDERS EQUITY AND EARNINGS PER SHARE (Calculations of the Basic and Diluted Earnings Per Share) (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended
Nov. 30, 2020
Nov. 30, 2019
Earnings Per Share [Abstract]    
Earnings from continuing operations $ 63,911 $ 82,755
Basic earnings per share:    
Shares outstanding for basic earnings per share (shares) 119,762,706 118,370,191
Basic earnings per share attributable to CMC: (in USD per share) [1] $ 0.53 $ 0.70
Diluted earnings per share:    
Shares outstanding for basic earnings per share (shares) 119,762,706 118,370,191
Effect of dilutive securities:    
Stock-based incentive/purchase plans (shares) 1,365,338 1,403,347
Shares outstanding for diluted earnings per share (shares) 121,128,044 119,773,538
Diluted earnings per share attributable to CMC: (in USD per share) [1] $ 0.53 $ 0.69
[1] *Earnings Per Share ("EPS") is calculated independently for each component and may not sum to Net EPS due to rounding