Segment Information (Tables)

3 Months Ended

Nov. 30, 2015

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The table below illustrates the Company’s revenues from continuing operations by reportable segment (in thousands):

	Three Months Ended November 30,
	2015			2014
Revenues:
Auto and Metals Recycling:
Revenues	$	272,965		$	513,688
Less: Intersegment revenues	(23,668		)	(55,282		)
AMR external customer revenues	249,297			458,406
Steel Manufacturing Business:
Revenues	71,901			95,218
Total revenues	$	321,198		$	553,624

Reconciliation of Operating Income from Segments to Consolidated

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

	Three Months Ended November 30,
	2015			2014
Auto and Metals Recycling	$	2,036		$	4,730
Steel Manufacturing Business	2,754			6,207
Segment operating income	4,790			10,937
Restructuring charges and other exit-related costs	(1,925		)	(593		)
Corporate and eliminations	(6,893		)	(9,559		)
Operating income (loss)	(4,028		)	785
Interest expense	(1,859		)	(2,374		)
Other income, net	407			932
Loss from continuing operations before income taxes	$	(5,480	)	$	(657	)

Reconciliation of Assets from Segment to Consolidated

The following is a summary of the Company’s total assets by reportable segment (in thousands):

	November 30, 2015			August 31, 2015
Auto and Metals Recycling(1)	$	1,490,006		$	1,492,906
Steel Manufacturing Business	372,262			370,955
Total segment assets	1,862,268			1,863,861
Corporate and eliminations	(961,578		)	(901,562		)
Total assets	$	900,690		$	962,299

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(1) AMR total assets include $15 million as of November 30, 2015 and August 31, 2015 for investments in joint ventures.