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Revenue (Tables)
6 Months Ended
Feb. 29, 2024
Revenue from Contract with Customer [Abstract]  
Summary of Revenues Disaggregated by Major Product and Sales Destination

The table below illustrates the Company’s revenues disaggregated by major product and sales destination (in thousands):

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

February 29,

 

 

February 28,

 

 

February 29,

 

 

February 28,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Major product information:

 

 

 

 

 

 

 

 

 

 

 

 

Ferrous revenues

 

$

316,097

 

 

$

434,122

 

 

$

664,994

 

 

$

695,851

 

Nonferrous revenues

 

 

164,481

 

 

 

179,655

 

 

 

333,775

 

 

 

357,330

 

Steel revenues(1)

 

 

100,721

 

 

 

107,825

 

 

 

214,252

 

 

 

232,340

 

Retail and other revenues

 

 

39,760

 

 

 

34,351

 

 

 

80,935

 

 

 

69,162

 

Total revenues

 

$

621,059

 

 

$

755,953

 

 

$

1,293,956

 

 

$

1,354,683

 

Revenues based on sales destination:

 

 

 

 

 

 

 

 

 

 

 

 

Foreign

 

$

328,259

 

 

$

436,219

 

 

$

686,280

 

 

$

708,903

 

Domestic

 

 

292,800

 

 

 

319,734

 

 

 

607,676

 

 

 

645,780

 

Total revenues

 

$

621,059

 

 

$

755,953

 

 

$

1,293,956

 

 

$

1,354,683

 

 

(1)
Steel revenues include predominantly sales of finished steel products, in addition to sales of semi-finished goods (billets) and steel manufacturing scrap.