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Segment Information (Tables)
 6 Months Ended
Feb. 28, 2017
Segment Reporting [Abstract]  
Reconciliation of Revenue form Segments to Consolidated
The table below illustrates the Company’s revenues from continuing operations by reportable segment (in thousands):
 
Three Months Ended
 
Six Months Ended
 
2/28/2017
 
2/29/2016
 
2/28/2017
 
2/29/2016
Revenues:
 
 
 
 
 
 
 
Auto and Metals Recycling:
 
 
 
 
 
 
 
Revenues
$
349,369

 
$
249,812

 
$
654,307

 
$
522,777

Less: Intersegment revenues
(25,576
)
 
(19,126
)
 
(48,949
)
 
(42,794
)
AMR external customer revenues
323,793

 
230,686

 
605,358

 
479,983

Steel Manufacturing Business:
 
 
 
 
 
 
 
Revenues
58,291

 
58,391

 
110,887

 
130,292

Total revenues
$
382,084

 
$
289,077

 
$
716,245

 
$
610,275
Reconciliation of Operating Income from Segments to Consolidated
The table below illustrates the reconciliation of the Company’s segment operating income (loss) to income (loss) from continuing operations before income taxes (in thousands):
 
Three Months Ended
 
Six Months Ended
 
2/28/2017
 
2/29/2016
 
2/28/2017
 
2/29/2016
Auto and Metals Recycling
$
26,359

 
$
(26,350
)
 
$
38,778

 
$
(24,314
)
Steel Manufacturing Business
(1,746
)
 
(1,202
)
 
(4,827
)
 
1,552

Segment operating income (loss)
24,613

 
(27,552
)
 
33,951

 
(22,762
)
Restructuring charges and other exit-related activities
494

 
(5,291
)
 
293

 
(7,216
)
Corporate and eliminations
(10,936
)
 
(4,233
)
 
(19,486
)
 
(11,126
)
Operating income (loss)
14,171

 
(37,076
)
 
14,758

 
(41,104
)
Interest expense
(2,097
)
 
(2,015
)
 
(3,838
)
 
(3,874
)
Other income, net
357

 
438

 
794

 
845

Income (loss) from continuing operations before income taxes
$
12,431

 
$
(38,653
)
 
$
11,714

 
$
(44,133
)
Reconciliation of Assets from Segment to Consolidated
The following is a summary of the Company’s total assets by reportable segment (in thousands):
 
February 28, 2017
 
August 31, 2016
Auto and Metals Recycling(1)
$
1,552,147

 
$
1,510,688

Steel Manufacturing Business
359,728

 
373,130

Total segment assets
1,911,875

 
1,883,818

Corporate and eliminations(2)
(991,425
)
 
(992,389
)
Total assets
$
920,450

 
$
891,429

_____________________________
(1)
AMR total assets include $13 million and $14 million as of February 28, 2017 and August 31, 2016, respectively, for investments in joint ventures.
(2)
The substantial majority of Corporate and eliminations total assets is comprised of Corporate intercompany payables to the Company's operating segments and intercompany eliminations.