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Segment Information (Tables)
9 Months Ended
May 31, 2014
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 May 31,
 
Nine Months Ended May 31,
 
2014
 
2013
 
2014
 
2013
Revenues:
 
 
 
 
 
 
 
Metals Recycling Business:
 
 
 
 
 
 
 
Revenues
$
516,841

 
$
604,870

 
$
1,542,840

 
$
1,675,521

Less: Intersegment revenues
(43,519
)
 
(52,734
)
 
(138,410
)
 
(142,448
)
MRB external customer revenues
473,322

 
552,136

 
1,404,430

 
1,533,073

Auto Parts Business:
 
 
 
 
 
 
 
Revenues
83,596

 
86,439

 
239,591

 
234,075

Less: Intersegment revenues
(21,170
)
 
(21,223
)
 
(63,960
)
 
(58,042
)
APB external customer revenues
62,426

 
65,216

 
175,631

 
176,033

Steel Manufacturing Business:
 
 
 
 
 
 
 
Revenues
102,039

 
92,943

 
271,618

 
256,219

Total revenues
$
637,787

 
$
710,295

 
$
1,851,679

 
$
1,965,325

Reconciliation of Operating Income from Segments to Consolidated [Table Text Block]
The table below illustrates the reconciliation of the Company’s segment operating income to income (loss) before income taxes (in thousands):
 
Three Months Ended May 31,
 
Nine Months Ended May 31,
 
2014
 
2013
 
2014
 
2013
Metals Recycling Business
$
3,736

 
$
8,789

 
$
14,932

 
$
28,602

Auto Parts Business
6,734

 
8,273

 
16,918

 
21,348

Steel Manufacturing Business
4,594

 
(72
)
 
9,912

 
4,373

Segment operating income
15,064

 
16,990

 
41,762

 
54,323

Restructuring charges and other exit-related costs
(2,762
)
 
(1,873
)
 
(6,580
)
 
(5,006
)
Corporate and eliminations
(10,673
)
 
(7,930
)
 
(30,594
)
 
(29,526
)
Operating income
1,629

 
7,187

 
4,588

 
19,791

Interest expense
(2,580
)
 
(2,788
)
 
(8,097
)
 
(7,159
)
Other income, net
570

 
141

 
604

 
414

Income (loss) before income taxes
$
(381
)
 
$
4,540

 
$
(2,905
)
 
$
13,046

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, 2014
 
August 31, 2013
Metals Recycling Business(1)
$
1,328,514

 
$
1,316,202

Auto Parts Business
358,872

 
359,977

Steel Manufacturing Business
341,125

 
330,282

Total segment assets
2,028,511

 
2,006,461

Corporate and eliminations
(640,669
)
 
(600,949
)
Total assets
$
1,387,842

 
$
1,405,512

_____________________________
(1)
MRB total assets include $14 million and $15 million as of May 31, 2014 and August 31, 2013, respectively, for investments in joint venture partnerships.