Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Aug. 31, 2014		Aug. 31, 2013
Current assets:
Cash and cash equivalents	$ 25,672		$ 13,481
Accounts receivable, net	189,359		188,270
Inventories, net	216,172		236,049
Deferred income taxes	6,865		3,750
Refundable income taxes	1,756		3,521
Prepaid expenses and other current assets	24,108		22,159
Total current assets	463,932		467,230
Property, plant and equipment, net	523,433	[1]	564,426	[1]
Investments in joint venture partnerships	14,624		14,808
Goodwill	325,903		327,264
Intangibles, net	9,835		13,264
Other assets	17,483		18,520
Total assets	1,355,210		1,405,512
Current liabilities:
Short-term borrowings	523		9,174
Accounts payable	103,453		96,348
Accrued payroll and related liabilities	32,127		24,002
Environmental liabilities	1,062		754
Accrued income taxes	3,202		388
Other accrued liabilities	36,903		35,468
Total current liabilities	177,270		166,134
Deferred income taxes	22,746		22,929
Long-term debt, net of current maturities	318,842		372,663
Environmental liabilities, net of current portion	47,287		49,040
Other long-term liabilities	13,088		13,547
Total liabilities	579,233		624,313
Commitments and contingencies (Note 11)
Schnitzer Steel Industries, Inc. (“SSI”) shareholders’ equity:
Preferred stock – 20,000 shares $1.00 par value authorized, none issued
Additional paid-in capital	19,164		7,476
Retained earnings	737,571		751,879
Accumulated other comprehensive loss	(12,641)		(9,361)
Total SSI shareholders’ equity	770,784		776,558
Noncontrolling interests	5,193		4,641
Total equity	775,977		781,199
Total liabilities and equity	1,355,210		1,405,512
Class A Common Stock
Schnitzer Steel Industries, Inc. (“SSI”) shareholders’ equity:
Common stock, value	26,384		26,171
Class B Common Stock
Schnitzer Steel Industries, Inc. (“SSI”) shareholders’ equity:
Common stock, value	$ 306		$ 393

[1] Property, plant and equipment, net includes $75 million and $85 million as of August 31, 2014 and 2013, respectively, at our Canadian locations.