Segment Information (Tables)

3 Months Ended

Nov. 30, 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 November 30,
	2013			2012
Revenues:
Metals Recycling Business:
Revenues	$	490,309		$	494,461
Less: Intersegment revenues	(49,751		)	(47,255		)
MRB external customer revenues	440,558			447,206
Auto Parts Business:
Revenues	79,635			69,555
Less: Intersegment revenues	(20,571		)	(15,970		)
APB external customer revenues	59,064			53,585
Steel Manufacturing Business:
Revenues	88,123			92,029
Total revenues	$	587,745		$	592,820

Reconciliation of Operating Income from Segments to Consolidated [Table Text Block]

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

	Three Months Ended November 30,
	2013			2012
Metals Recycling Business	$	590		$	5,654
Auto Parts Business	5,609			6,364
Steel Manufacturing Business	1,744			3,404
Segment operating income	7,943			15,422
Restructuring charges	(1,812		)	(1,593		)
Corporate and eliminations	(9,756		)	(12,616		)
Operating income (loss)	(3,625		)	1,213
Interest expense	(2,702		)	(2,017		)
Other income, net	176			321
Loss before income taxes	$	(6,151	)	$	(483	)

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):

	November 30, 2013			August 31, 2013
Metals Recycling Business(1)	$	1,327,490		$	1,316,202
Auto Parts Business	348,392			359,977
Steel Manufacturing Business	331,203			330,282
Total segment assets	2,007,085			2,006,461
Corporate and eliminations	(614,966		)	(600,949		)
Total assets	$	1,392,119		$	1,405,512

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(1) MRB total assets include $15 million as of November 30, 2013 and August 31, 2013 for investments in joint venture partnerships.