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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
3 Months Ended
Nov. 30, 2016
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
Goodwill, gross
 
 
 
 
 
 
 
 
 
 
 
 
Balance at August 31, 2016
 
$
9,751

 
$
4,970

 
$
57,637

 
$
2,432

 
$
1,982

 
$
76,772

 
Foreign currency translation
 

 

 

 
(172
)
 
(98
)
 
(270
)
Balance at November 30, 2016
 
$
9,751

 
$
4,970

 
$
57,637

 
$
2,260

 
$
1,884

 
$
76,502

 
 
 
 
 
 
 
 
 
 
 
 
 
Accumulated impairment losses
 
 
 
 
 
 
 
 
 
 
 
 
Balance at August 31, 2016
 
$
(9,751
)
 
$

 
$
(493
)
 
$
(155
)
 
$

 
$
(10,399
)
 
Foreign currency translation
 

 

 

 
11

 

 
11

Balance at November 30, 2016
 
$
(9,751
)
 
$

 
$
(493
)
 
$
(144
)
 
$

 
$
(10,388
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill, net
 
 
 
 
 
 
 
 
 
 
 
 
Balance at August 31, 2016
 
$

 
$
4,970

 
$
57,144

 
$
2,277

 
$
1,982

 
$
66,373

 
Foreign currency translation
 

 

 

 
(161
)
 
(98
)
 
(259
)
Balance at November 30, 2016
 
$

 
$
4,970

 
$
57,144

 
$
2,116

 
$
1,884

 
$
66,114