Business Segments (Tables)

6 Months Ended

Feb. 29, 2012

Summary Of Certain Financial Information From Continuing Operations By Reportable Segment

	Three Months Ended February 29, 2012
	Americas			International
(in thousands)	Recycling	Mills	Fabrication	Mill	Marketing and Distribution	Corporate	Eliminations	Continuing Operations
Net sales-unaffiliated customers	$ 376,597	$ 344,625	$ 298,226	$ 216,177	$ 715,828	$ 5,291	$ —	$ 1,956,744
Intersegment sales	43,047	181,260	3,367	913	7,527	—	(236,114)	—
Net sales	419,644	525,885	301,593	217,090	723,355	5,291	(236,114)	1,956,744
Adjusted operating profit (loss)	6,389	54,401	(9,969)	6,592	26,554	(20,936)	(2,346)	60,685


	Three Months Ended February 28, 2011
	Americas			International
(in thousands)	Recycling	Mills	Fabrication	Mill	Marketing and Distribution	Corporate	Eliminations	Continuing Operations
Net sales-unaffiliated customers	$ 411,979	$303,460	$ 248,410	$ 201,620	$ 610,772	$ 5,409	$ —	$ 1,781,650
Intersegment sales	38,583	174,461	3,560	2,297	11,903	—	(230,804 )	—
Net sales	450,562	477,921	251,970	203,917	622,675	5,409	(230,804 )	1,781,650
Adjusted operating profit (loss)	10,865	10,945	(49,566 )	3,961	12,372	(16,468 )	(232)	(28,123)


	Six Months Ended February 29, 2012
	Americas			International
(in thousands)	Recycling	Mills	Fabrication	Mill	Marketing and Distribution	Corporate	Eliminations	Continuing Operations
Net sales-unaffiliated customers	$ 749,990	$ 689,191	$ 613,743	$ 469,098	$ 1,416,191	$ 5,351	$ —	$ 3,943,564
Intersegment sales	84,459	362,190	7,618	44,173	17,235	—	(515,675)	—
Net sales	834,449	1,051,381	621,361	513,271	1,433,426	5,351	(515,675)	3,943,564
Adjusted operating profit (loss)	27,205	112,332	(17,349)	16,414	22,453	(44,204)	(8,491)	108,360
Total assets*	264,378	645,877	582,080	606,958	920,770	1,201,987	(748,028)	3,474,022


	Six Months Ended February 28, 2011
	Americas			International
(in thousands)	Recycling	Mills	Fabrication	Mill	Marketing and Distribution	Corporate	Eliminations	Continuing Operations
Net sales-unaffiliated customers	$ 759,148	$ 584,241	$ 532,353	$ 418,153	$ 1,251,180	$ 11,667	$ —	$ 3,556,742
Intersegment sales	67,209	329,077	7,370	2,950	17,401	—	(424,007 )	—
Net sales	826,357	913,318	539,723	421,103	1,268,581	11,667	(424,007 )	3,556,742
Adjusted operating profit (loss)	19,057	45,088	(71,574 )	10,394	36,610	(27,071 )	71	12,575
Total assets at August 31, 2011*	278,120	650,920	590,278	643,748	990,111	1,505,672	(1,079,649 )	3,579,200

* Excludes total assets from discontinued operations of $51.3 million at February 29, 2012 and $103.9 million at August 31, 2011.

Reconciliation Of Consolidated Adjusted Operating Profit To Net Earnings (Loss) From Continuing Operations



	Three Months Ended		Six Months Ended
(in thousands)	February 29, 2012	February 28, 2011	February 29, 2012	February 28, 2011
Earnings (loss) from continuing operations	$ 27,829	$ (34,377)	$ 152,874	$ (19,491)
Income taxes (benefit)	15,015	(12,535 )	(80,312)	(5,805)
Interest expense	16,043	17,862	32,340	35,733
Discounts on sales of accounts receivable	1,798	927	3,458	2,138

Adjusted operating profit (loss) from continuing operations	60,685	(28,123)	108,360	12,575
Adjusted operating profit (loss) from discontinued operations	2,387	(11,357)	(24,165)	(24,788 )

Adjusted operating profit (loss)	$ 63,072	$ (39,480)	$ 84,195	$ (12,213)

External Net Sales By Major Product And Long-Lived Assets By Geographic Area


	Three Months Ended		Six Months Ended
	February 29,	February 28,	February 29,	February 28,
(in thousands)	2012	2011	2012	2011
Major product information:
Steel products	$ 1,101,612	$ 954,881	$ 2,257,452	$ 2,004,631
Industrial materials	345,998	278,062	666,500	491,908
Nonferrous scrap	200,740	254,199	395,038	474,471
Ferrous scrap	205,083	180,968	412,429	341,387
Construction materials	37,973	43,325	82,467	99,654
Non-ferrous products	39,577	45,913	79,690	90,980
Other	25,761	24,302	49,988	53,711
Net sales	$ 1,956,744	$ 1,781,650	$ 3,943,564	$ 3,556,742

	Three Months Ended		Six Months Ended
	February 29,	February 28,	February 29,	February 28,
(in thousands)	2012	2011	2012	2011
Geographic area:
United States	$ 1,180,307	$ 1,001,263	$ 2,334,086	$ 1,961,082
Europe	309,793	356,452	661,981	767,331
Asia	257,122	263,074	538,164	476,199
Australia/New Zealand	151,338	124,316	298,901	262,917
Other	58,184	36,545	110,432	89,213
Net sales	$ 1,956,744	$ 1,781,650	$ 3,943,564	$ 3,556,742

- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total profit or loss from reportable segments, to the entity's consolidated income before income taxes, extraordinary items, and discontinued operations.

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- Definition

Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries.

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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