Segment Information (Details) (USD $)
In Thousands, unless otherwise specified |
3 Months Ended | 12 Months Ended | ||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Aug. 31, 2012
segments
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May 31, 2012
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Feb. 29, 2012
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Nov. 30, 2011
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Aug. 31, 2011
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May 31, 2011
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Feb. 28, 2011
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Nov. 30, 2010
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Aug. 31, 2012
customer
segments
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Aug. 31, 2011
customer
|
Aug. 31, 2010
customer
|
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Segment Reporting Information [Line Items] | ||||||||||||||||||||||
Number of operating and reporting segments | 3 | 3 | ||||||||||||||||||||
Total assets | $ 1,763,573 | $ 1,890,169 | $ 1,763,573 | $ 1,890,169 | ||||||||||||||||||
Property, plant and equipment, net | 564,185 | [1] | 555,284 | [1] | 564,185 | [1] | 555,284 | [1] | ||||||||||||||
Investments in joint venture partnerships | 17,126 | 17,208 | 17,126 | 17,208 | ||||||||||||||||||
Revenues from external customers | 3,340,938 | 3,459,194 | 2,301,240 | |||||||||||||||||||
Depreciation and amortization | 82,256 | 74,866 | 63,418 | |||||||||||||||||||
Total depreciation and amortization | 82,256 | 74,866 | 63,228 | |||||||||||||||||||
Capital expenditures | 78,560 | 104,964 | 64,324 | |||||||||||||||||||
Operating income (Loss) | (1,367) | 22,078 | 17,987 | 14,970 | 56,255 | 55,332 | 45,937 | 28,440 | 53,668 | 185,964 | 125,897 | |||||||||||
Restructuring charges | (5,000) | (5,012) | 0 | 0 | ||||||||||||||||||
Interest expense | (11,880) | (8,436) | (2,343) | |||||||||||||||||||
Other income, net | 1,168 | 3,277 | 1,779 | |||||||||||||||||||
Income from continuing operations before income taxes | 42,956 | 180,805 | 125,333 | |||||||||||||||||||
Income from joint ventures | 2,636 | 4,622 | 3,135 | |||||||||||||||||||
Foreign | 2,284,152 | 2,471,737 | 1,570,936 | |||||||||||||||||||
Domestic | 1,056,786 | 987,457 | 730,304 | |||||||||||||||||||
Total revenues from external customers | 3,340,938 | 3,459,194 | 2,301,240 | |||||||||||||||||||
Number Of External Customers With More Than 10% of Consolidated Revenue | 0 | 0 | 0 | |||||||||||||||||||
Metal Recycling Business [Member]
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Segment Reporting Information [Line Items] | ||||||||||||||||||||||
Total assets | 1,696,296 | [2] | 1,668,778 | [2] | 1,696,296 | [2] | 1,668,778 | [2] | ||||||||||||||
Investments in joint venture partnerships | 17,000 | 17,000 | 17,000 | 17,000 | ||||||||||||||||||
Revenues Including intercompany | 2,948,707 | 3,070,004 | 1,979,770 | |||||||||||||||||||
Less: Intersegment revenues | (183,906) | (169,331) | (155,310) | |||||||||||||||||||
Revenues from external customers | 2,764,801 | 2,900,673 | 1,824,460 | |||||||||||||||||||
Depreciation and amortization | 57,855 | 49,773 | 38,516 | |||||||||||||||||||
Capital expenditures | 60,212 | 88,917 | 53,753 | |||||||||||||||||||
Operating income (Loss) | 63,872 | [3] | 164,646 | [3] | 118,449 | [3] | ||||||||||||||||
Income from joint ventures | 2,000 | 5,000 | 3,000 | |||||||||||||||||||
Total revenues from external customers | 2,764,801 | 2,900,673 | 1,824,460 | |||||||||||||||||||
Auto Parts Business [Member]
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Segment Reporting Information [Line Items] | ||||||||||||||||||||||
Total assets | 329,327 | 304,060 | 329,327 | 304,060 | ||||||||||||||||||
Revenues Including intercompany | 316,884 | 319,833 | 241,233 | |||||||||||||||||||
Less: Intersegment revenues | (73,974) | (78,795) | (49,538) | |||||||||||||||||||
Revenues from external customers | 242,910 | 241,038 | 191,695 | |||||||||||||||||||
Depreciation and amortization | 10,920 | 10,131 | 7,568 | |||||||||||||||||||
Capital expenditures | 7,525 | 7,099 | 4,682 | |||||||||||||||||||
Operating income (Loss) | 33,304 | 64,027 | 51,096 | |||||||||||||||||||
Total revenues from external customers | 242,910 | 241,038 | 191,695 | |||||||||||||||||||
Steel Manufacturing Business [Member]
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Segment Reporting Information [Line Items] | ||||||||||||||||||||||
Total assets | 322,398 | 324,596 | 322,398 | 324,596 | ||||||||||||||||||
Revenues from external customers | 333,227 | 317,483 | 285,085 | |||||||||||||||||||
Depreciation and amortization | 9,436 | 10,782 | 12,879 | |||||||||||||||||||
Capital expenditures | 5,556 | 3,328 | 3,255 | |||||||||||||||||||
Operating income (Loss) | (2,081) | 2,562 | (5,862) | |||||||||||||||||||
Total revenues from external customers | 333,227 | 317,483 | 285,085 | |||||||||||||||||||
Operating Segments [Member]
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Segment Reporting Information [Line Items] | ||||||||||||||||||||||
Total assets | 2,348,021 | 2,297,434 | 2,348,021 | 2,297,434 | ||||||||||||||||||
Depreciation and amortization | 78,211 | 70,686 | 58,963 | |||||||||||||||||||
Capital expenditures | 73,293 | 99,344 | 61,690 | |||||||||||||||||||
Operating income (Loss) | 95,095 | 231,235 | 163,683 | |||||||||||||||||||
Corporate and elimination [Member]
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Segment Reporting Information [Line Items] | ||||||||||||||||||||||
Total assets | (584,448) | (407,265) | (584,448) | (407,265) | ||||||||||||||||||
Depreciation and amortization | 4,045 | 4,180 | 4,265 | |||||||||||||||||||
Capital expenditures | 5,267 | 5,620 | 2,634 | |||||||||||||||||||
Operating income (Loss) | (36,415) | (45,271) | (37,786) | |||||||||||||||||||
Ferrous Scrap Metal [Member]
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Segment Reporting Information [Line Items] | ||||||||||||||||||||||
Revenues from external customers | 2,117,055 | 2,259,229 | 1,403,354 | |||||||||||||||||||
Total revenues from external customers | 2,117,055 | 2,259,229 | 1,403,354 | |||||||||||||||||||
Nonferrous Scrap Metal [Member]
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Segment Reporting Information [Line Items] | ||||||||||||||||||||||
Revenues from external customers | 647,746 | 641,444 | 421,106 | |||||||||||||||||||
Total revenues from external customers | 647,746 | 641,444 | 421,106 | |||||||||||||||||||
Auto Parts [Member]
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Segment Reporting Information [Line Items] | ||||||||||||||||||||||
Revenues from external customers | 242,910 | 241,038 | 191,695 | |||||||||||||||||||
Total revenues from external customers | 242,910 | 241,038 | 191,695 | |||||||||||||||||||
Finished Steel Products [Member]
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Segment Reporting Information [Line Items] | ||||||||||||||||||||||
Revenues from external customers | 332,719 | 317,338 | 270,712 | |||||||||||||||||||
Total revenues from external customers | 332,719 | 317,338 | 270,712 | |||||||||||||||||||
Semi-finished Steel Products [Member]
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Segment Reporting Information [Line Items] | ||||||||||||||||||||||
Revenues from external customers | 508 | 145 | 14,373 | |||||||||||||||||||
Total revenues from external customers | 508 | 145 | 14,373 | |||||||||||||||||||
Canada
|
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Segment Reporting Information [Line Items] | ||||||||||||||||||||||
Property, plant and equipment, net | 67,000 | 49,000 | 67,000 | 49,000 | ||||||||||||||||||
China
|
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Segment Reporting Information [Line Items] | ||||||||||||||||||||||
Foreign | 719,979 | 884,744 | 487,098 | |||||||||||||||||||
% of Revenue | 22.00% | 25.60% | 21.20% | |||||||||||||||||||
Turkey
|
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Segment Reporting Information [Line Items] | ||||||||||||||||||||||
Foreign | 435,558 | |||||||||||||||||||||
% of Revenue | 13.00% | |||||||||||||||||||||
South Korea
|
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Segment Reporting Information [Line Items] | ||||||||||||||||||||||
Foreign | $ 397,525 | $ 260,456 | ||||||||||||||||||||
% of Revenue | 12.00% | 11.30% | ||||||||||||||||||||
Customer Concentration Risk [Member]
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Segment Reporting Information [Line Items] | ||||||||||||||||||||||
Concentration Risk Benchmark Percentage | 10.00% | 10.00% | 10.00% | |||||||||||||||||||
Geographic Concentration Risk [Member]
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Segment Reporting Information [Line Items] | ||||||||||||||||||||||
Concentration Risk Benchmark Percentage | 10.00% | 10.00% | 10.00% | |||||||||||||||||||
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