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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Narrative) (Details)
12 Months Ended
Aug. 31, 2015
USD ($)
levels
Aug. 31, 2014
USD ($)
Aug. 31, 2013
USD ($)
Equity method investment $ 0    
Restricted cash   $ 4,100,000  
Goodwill impairment charges 7,267,000 0 $ 6,400,000
Goodwill 66,383,000 74,319,000 69,579,000
Transaction gains (losses) $ (45,400,000) 9,000,000 (5,800,000)
Number of fair value hierarchy | levels 3    
One reporting unit within Americas Fabrication      
Goodwill $ 51,300,000 $ 51,300,000 51,300,000
Receivables secured by credit insurance or letters of credit      
Percentage of accounts receivable secured by credit insurance or letters of credit 35.00% 49.00%  
Certain fabrication projects      
Sales recognized in excess of amounts billed $ 25,000,000 $ 24,200,000  
Maximum      
Cost method investment ownership percentage 20.00%    
Americas Recycling      
Goodwill impairment charges $ 7,267,000   6,400,000
Foreign currency translation gain related to goodwill impairment     600,000
Goodwill $ 0 $ 7,267,000 $ 7,267,000