XML 128 R38.htm IDEA: XBRL DOCUMENT
v3.3.0.814

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables) | 12 Months Ended
--- | ---
Aug. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract] |
Changes in the carrying amount of goodwill | The following table details the changes in the carrying amount of goodwill by reportable segment:
|  |  | Americas |  | International |  |
(in thousands) |  | Recycling |  | Mills |  | Fabrication |  | Mill |  | Marketing and Distribution |  | Consolidated
Balance at September 1, 2013 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Goodwill |  | $ | 9,751 |  |  | $ | 295 |  |  | $ | 57,637 |  |  | $ | 2,942 |  |  | $ | 8,449 |  |  | $ | 79,074 |
| Accumulated impairment losses |  | (2,484 | ) |  | — |  |  | (493 | ) |  | (187 | ) |  | (6,331 | ) |  | (9,495 | )
|  |  | 7,267 |  |  | 295 |  |  | 57,144 |  |  | 2,755 |  |  | 2,118 |  |  | 69,579 |
Acquisition |  | — |  |  | 4,675 |  |  | — |  |  | — |  |  | — |  |  | 4,675 |
Translation |  | — |  |  | — |  |  | — |  |  | 21 |  |  | 44 |  |  | 65 |
Balance at August 31, 2014 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Goodwill |  | 9,751 |  |  | 4,970 |  |  | 57,637 |  |  | 2,964 |  |  | 8,805 |  |  | 84,127 |
| Accumulated impairment losses |  | (2,484 | ) |  | — |  |  | (493 | ) |  | (188 | ) |  | (6,643 | ) |  | (9,808 | )
|  |  | 7,267 |  |  | 4,970 |  |  | 57,144 |  |  | 2,776 |  |  | 2,162 |  |  | 74,319 |
Impairment |  | (7,267 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | (7,267 | )
Goodwill reclassified to assets held for sale (1) |  | — |  |  | — |  |  | — |  |  |  |  |  | (6,643 | ) |  | (6,643 | )
Accumulated impairment losses reclassified to assets held for sale (1) |  | — |  |  | — |  |  | — |  |  |  |  |  | 6,643 |  |  | 6,643 |
Translation |  | — |  |  | — |  |  | — |  |  | (419 | ) |  | (250 | ) |  | (669 | )
Balance at August 31, 2015 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Goodwill |  | 9,751 |  |  | 4,970 |  |  | 57,637 |  |  | 2,517 |  |  | 1,912 |  |  | 76,787 |
| Accumulated impairment losses |  | (9,751 | ) |  | — |  |  | (493 | ) |  | (160 | ) |  | — |  |  | (10,404 | )
|  |  | $ | — |  |  | $ | 4,970 |  |  | $ | 57,144 |  |  | $ | 2,357 |  |  | $ | 1,912 |  |  | $ | 66,383 |
(1) Includes $1.6 million of goodwill and $1.6 million of accumulated goodwill impairment losses related to assets that were sold during the fourth quarter of fiscal 2015
Intangible assets subject to amortization | The following intangible assets subject to amortization are included in other noncurrent assets on the Company's consolidated balance sheets:
|  | August 31, 2015 |  | August 31, 2014
(in thousands) |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net
Customer base |  | $ | 35,369 |  |  | $ | 28,814 |  |  | $ | 6,555 |  |  | $ | 38,078 |  |  | $ | 25,989 |  |  | $ | 12,089 |
Favorable land leases |  | 10,091 |  |  | 2,101 |  |  | 7,990 |  |  | 11,661 |  |  | 2,075 |  |  | 9,586 |
Non-competition agreements |  | 1,629 |  |  | 217 |  |  | 1,412 |  |  | 779 |  |  | 40 |  |  | 739 |
Brand name |  | 648 |  |  | 306 |  |  | 342 |  |  | 3,216 |  |  | 1,452 |  |  | 1,764 |
Other |  | 101 |  |  | 52 |  |  | 49 |  |  | 101 |  |  | 45 |  |  | 56 |
Total |  | $ | 47,838 |  |  | $ | 31,490 |  |  | $ | 16,348 |  |  | $ | 53,835 |  |  | $ | 29,601 |  |  | $ | 24,234 |
Estimated future amortization expense of intangible assets | Estimated amounts of amortization expense for the next five years are as follows:
Year Ended August 31, |  | (in thousands)
2016 |  | $ | 4,136 |
2017 |  | 550 |
2018 |  | 1,043 |
2019 |  | 1,072 |
2020 |  | 862 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16323-109275 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16265-109275 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13854-109267 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration