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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
May 31, 2016
May 31, 2015
May 31, 2016
May 31, 2015
Income Statement [Abstract]        
Net sales $ 1,227,390 $ 1,506,002 $ 3,401,946 $ 4,577,109
Costs and expenses:        
Cost of goods sold 1,051,910 1,313,854 2,934,028 4,057,963
Selling, general and administrative expenses 114,841 110,347 310,667 333,332
Loss on debt extinguishment 115 0 11,480 0
Interest expense 14,737 20,519 49,666 58,828
Total costs and expenses 1,181,603 1,444,720 3,305,841 4,450,123
Earnings from continuing operations before income taxes 45,787 61,282 96,105 126,986
Income taxes 10,676 22,126 24,512 40,100
Earnings from continuing operations 35,111 39,156 71,593 86,886
Loss from discontinued operations before income tax benefit (15,785) (10,871) (16,803) (20,241)
Income tax benefit (2) (424) (103) (445)
Loss from discontinued operations (15,783) (10,447) (16,700) (19,796)
Net earnings 19,328 28,709 54,893 67,090
Less net earnings attributable to noncontrolling interests 0 0 0 0
Net earnings attributable to CMC $ 19,328 $ 28,709 $ 54,893 $ 67,090
Basic earnings (loss) per share attributable to CMC:        
Earnings from continuing operations (in USD per share) $ 0.31 $ 0.34 $ 0.62 $ 0.74
Earnings (loss) from discontinued operations (in USD per share) (0.14) (0.09) (0.14) (0.17)
Net earnings (in USD per share) 0.17 0.25 0.48 0.57
Diluted earnings (loss) per share attributable to CMC:        
Earnings from continuing operations (in USD per share) 0.30 0.34 0.61 0.74
Earnings (loss) from discontinued operations (in USD per share) (0.13) (0.09) (0.14) (0.17)
Net earnings (in USD per share) 0.17 0.25 0.47 0.57
Cash dividends per share (in USD per share) $ 0.12 $ 0.12 $ 0.36 $ 0.36
Average basic shares outstanding 114,677,109 115,742,534 115,373,736 116,807,469
Average diluted shares outstanding 115,995,515 116,759,215 116,758,716 117,871,228