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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
May 31, 2019
May 31, 2018
May 31, 2019
May 31, 2018
Income Statement [Abstract]        
Revenues $ 547,396 $ 652,416 $ 1,584,981 $ 1,695,138
Operating expense:        
Cost of goods sold 474,598 549,164 1,379,418 1,427,877
Selling, general and administrative 48,575 54,185 139,483 158,866
(Income) from joint ventures (311) (772) (980) (1,328)
Asset impairment charges (recoveries), net 0 (1,465) 63 (1,553)
Restructuring charges and other exit-related activities 75 70 813 261
Operating income 24,459 51,234 66,184 111,015
Interest expense (2,294) (2,483) (6,267) (6,823)
Other income, net 29 403 373 1,353
Income from continuing operations before income taxes 22,194 49,154 60,290 105,545
Income tax expense (5,762) (10,650) (13,733) (6,030)
Income from continuing operations 16,432 38,504 46,557 99,515
Income (loss) from discontinued operations, net of tax 8 (56) (202) 72
Net income 16,440 38,448 46,355 99,587
Net income attributable to noncontrolling interests (750) (1,046) (1,585) (2,806)
Net income attributable to SSI $ 15,690 $ 37,402 $ 44,770 $ 96,781
Net income per share attributable to SSI Basic:        
Income per share from continuing operations attributable to SSI (in dollars per share) $ 0.57 $ 1.35 $ 1.63 $ 3.49
Loss per share from discontinued operations attributable to SSI (in dollars per share) 0 0 (0.01) 0
Net income per share attributable to SSI (in dollars per share) [1] 0.57 1.35 1.63 3.49
Net income per share attributable to SSI Diluted:        
Income per share from continuing operations attributable to SSI (in dollars per share) 0.56 1.31 1.60 3.38
Loss per share from discontinued operations attributable to SSI (in dollars per share) 0 0 (0.01) 0
Net income per share attributable to SSI (in dollars per share) $ 0.56 $ 1.31 $ 1.59 $ 3.38
Weighted average number of common shares:        
Basic (shares) 27,510 27,676 27,548 27,719
Diluted (Shares) 28,074 28,636 28,184 28,646
Dividends declared per common share (in dollars per share) $ 0.1875 $ 0.1875 $ 0.5625 $ 0.5625
[1]
May not foot due to rounding.