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Segment Information - Segment Revenue and Segment Reconciliation (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 12 Months Ended
Aug. 31, 2014
May 31, 2014
Feb. 28, 2014
Nov. 30, 2013
Aug. 31, 2013
May 31, 2013
Feb. 28, 2013
Nov. 30, 2012
Aug. 31, 2014
Aug. 31, 2013
Aug. 31, 2012
Segment Reporting Information [Line Items]                      
Revenues                 $ 2,543,583 $ 2,621,911 $ 3,340,938
Depreciation and amortization                 79,209 83,070 82,256
Capital expenditures                 39,147 90,381 78,560
Operating income (loss) 15,728 1,629 6,584 (3,625) (347,579) 7,187 11,390 1,213 20,316 (327,789) 53,668
Restructuring charges and other exit-related costs                 6,967 7,906 5,012
Interest expense                 (10,804) (9,743) (11,880)
Other income, net                 1,223 83 1,168
Income (loss) from continuing operations before income taxes                 10,735 (337,449) 42,956
Income from joint ventures                 1,196 1,183 2,636
Goodwill impairment charge         321,000       0 321,000 0
Other asset impairment charges         13,000       1,460 13,053 0
Metals Recycling Business
                     
Segment Reporting Information [Line Items]                      
Revenues                 1,914,832 2,032,143 2,764,801
Depreciation and amortization                 56,368 58,964 57,855
Capital expenditures                 16,881 61,930 60,212
Operating income (loss)                 30,083 [1] (311,549) [1] 63,872 [1]
Income from joint ventures                 1,000 1,000 2,000
Goodwill impairment charge                   321,000  
Other asset impairment charges                   13,000  
Auto Parts Business
                     
Segment Reporting Information [Line Items]                      
Revenues                 240,111 237,314 242,910
Depreciation and amortization                 11,861 11,793 10,920
Capital expenditures                 12,400 12,769 7,525
Operating income (loss)                 21,434 24,539 33,304
Goodwill impairment charge                   0  
Steel Manufacturing Business
                     
Segment Reporting Information [Line Items]                      
Revenues                 388,640 352,454 333,227
Depreciation and amortization                 8,256 9,072 9,436
Capital expenditures                 5,379 7,582 5,556
Operating income (loss)                 18,538 6,541 (2,081)
Operating Segments
                     
Segment Reporting Information [Line Items]                      
Depreciation and amortization                 76,485 79,829 78,211
Capital expenditures                 34,660 82,281 73,293
Operating income (loss)                 70,055 (280,469) 95,095
Operating Segments | Metals Recycling Business
                     
Segment Reporting Information [Line Items]                      
Revenues                 2,102,935 2,210,484 2,948,707
Operating Segments | Auto Parts Business
                     
Segment Reporting Information [Line Items]                      
Revenues                 327,569 313,306 316,884
Less: Intersegment revenues | Metals Recycling Business
                     
Segment Reporting Information [Line Items]                      
Revenues                 (188,103) (178,341) (183,906)
Less: Intersegment revenues | Auto Parts Business
                     
Segment Reporting Information [Line Items]                      
Revenues                 (87,458) (75,992) (73,974)
Corporate
                     
Segment Reporting Information [Line Items]                      
Depreciation and amortization                 2,724 3,241 4,045
Capital expenditures                 4,487 8,100 5,267
Segment Reconciling Items
                     
Segment Reporting Information [Line Items]                      
Restructuring charges and other exit-related costs                 6,967 7,906 5,012
Corporate and eliminations
                     
Segment Reporting Information [Line Items]                      
Operating income (loss)                 $ (42,772) $ (39,414) $ (36,415)
[1] MRB operating income (loss) includes $1 million, $1 million and $2 million in income from joint ventures accounted for by the equity method in fiscal 2014, 2013 and 2012, respectively. The MRB operating loss for fiscal 2013 also includes a goodwill impairment charge of $321 million and other asset impairment charges of $13 million.