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Segment Information (Tables)
 6 Months Ended
Feb. 28, 2013
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
The table below illustrates the Company’s operating results by reporting segment (in thousands):
 
Three Months Ended
 
Six Months Ended
 
2/28/2013
 
2/29/2012
 
2/28/2013
 
2/29/2012
Revenues:
 
 
 
 
 
 
 
Metals Recycling Business:
 
 
 
 
 
 
 
Revenues
$
576,191

 
$
781,933

 
$
1,070,652

 
$
1,510,371

Less: Intersegment revenues
(42,461
)
 
(39,986
)
 
(89,717
)
 
(98,700
)
MRB external customer revenues
533,730

 
741,947

 
980,935

 
1,411,671

Auto Parts Business:
 
 
 
 
 
 
 
Revenues
78,082

 
78,232

 
147,637

 
162,285

Less: Intersegment revenues
(20,849
)
 
(18,090
)
 
(36,818
)
 
(39,593
)
APB external customer revenues
57,233

 
60,142

 
110,819

 
122,692

Steel Manufacturing Business:
 
 
 
 
 
 
 
Revenues
71,247

 
84,523

 
163,276

 
164,424

Total revenues
$
662,210

 
$
886,612

 
$
1,255,030

 
$
1,698,787
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 before income taxes (in thousands):
 
Three Months Ended
 
Six Months Ended
 
2/28/2013
 
2/29/2012
 
2/28/2013
 
2/29/2012
Metals Recycling Business
$
14,158

 
$
19,952

 
$
19,812

 
$
33,051

Auto Parts Business
6,711

 
8,708

 
13,075

 
19,150

Steel Manufacturing Business
1,041

 
(868
)
 
4,445

 
349

Segment operating income
21,910

 
27,792

 
37,332

 
52,550

Restructuring charges
(1,540
)
 
—

 
(3,133
)
 
—

Corporate and eliminations
(8,980
)
 
(9,805
)
 
(21,595
)
 
(19,595
)
Operating income
11,390

 
17,987

 
12,604

 
32,955

Interest expense
(2,354
)
 
(3,472
)
 
(4,371
)
 
(6,743
)
Other income (expense), net
(49
)
 
617

 
271

 
223

Income before income taxes
$
8,987

 
$
15,132

 
$
8,504

 
$
26,435
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):
 
February 28, 2013
 
August 31, 2012
Metals Recycling Business(1)
$
1,699,320

 
$
1,696,296

Auto Parts Business
350,299

 
329,327

Steel Manufacturing Business
327,972

 
322,398

Total segment assets
2,377,591

 
2,348,021

Corporate and eliminations
(570,161
)
 
(584,448
)
Total assets
$
1,807,430

 
$
1,763,573

_____________________________
(1)
MRB total assets include $16 million and $17 million as of February 28, 2013 and August 31, 2012, respectively, for investments in joint venture partnerships.