Segment Information (Tables)

9 Months Ended

May 31, 2012

Schedule of Segment Reporting Information, by Segment [Table Text Block]

The table below illustrates the Company’s operating results from continuing operations by reporting segment (in thousands):



	Three Months Ended May 31,						Nine Months Ended May 31,
	2012			2011			2012			2011
Revenues:
Metals Recycling Business:
Revenues	$	786,527		$	879,304		$	2,296,898		$	2,108,040
Less: Intersegment revenues	(51,215		)	(55,934		)	(149,916		)	(126,694		)
MRB external customer revenues	735,312			823,370			2,146,982			1,981,346
Auto Parts Business:
Revenues	82,936			86,850			245,222			226,063
Less: Intersegment revenues	(17,006		)	(20,052		)	(56,599		)	(53,997		)
APB external customer revenues	65,930			66,798			188,623			172,066
Steel Manufacturing Business:
Revenues	78,623			90,894			243,048			224,596
Total revenues	$	879,865		$	981,062		$	2,578,653		$	2,378,008

Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]

The table below illustrates the reconciliation of the Company’s segment operating income to income from continuing operations before income taxes (in thousands):



	Three Months Ended May 31,						Nine Months Ended May 31,
	2012			2011			2012			2011
Metals Recycling Business	$	17,817		$	45,693		$	50,868		$	112,918
Auto Parts Business	12,543			17,328			31,693			47,324
Steel Manufacturing Business	253			3,485			602			739
Segment operating income	30,613			66,506			83,163			160,981
Corporate and eliminations	(8,535		)	(11,174		)	(28,129		)	(31,273		)
Operating income	22,078			55,332			55,034			129,708
Interest expense	(2,729		)	(3,127		)	(9,473		)	(4,883		)
Other income (expense), net	(154		)	(31		)	70			3,274
Income from continuing operations before income taxes	$	19,195		$	52,174		$	45,631		$	128,099

The f

Reconciliation of Assets from Segment to Consolidated [Table Text Block]

The following is a summary of the Company’s total assets by reporting segment (in thousands):



	May 31, 2012			August 31, 2011
Metals Recycling Business⁽¹⁾	$	1,668,574		$	1,668,778
Auto Parts Business	329,458			304,060
Steel Manufacturing Business	325,599			324,596
Total segment assets	2,323,631			2,297,434
Corporate and eliminations	(512,468		)	(407,265		)
Total assets	$	1,811,163		$	1,890,169

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(1)	MRB total assets include $17 million as of May 31, 2012 and August 31, 2011, respectively, for investments in joint venture partnerships.

- 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 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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