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DISCONTINUED OPERATIONS
 3 Months Ended
Nov. 30, 2016
Discontinued Operations and Disposal Groups [Abstract]  
Discontinued Operations
NOTE 6. DISCONTINUED OPERATIONS
During the first quarter of fiscal 2015, the Company decided to exit and sell its steel distribution business in Australia and determined that the decision to exit this business met the definition of a discontinued operation. As a result, this business has been presented as a discontinued operation for all periods presented. The Australian steel distribution business was previously included in the International Marketing and Distribution reporting segment.
Financial information for discontinued operations was as follows:
 
 
Three Months Ended November 30,
(in thousands)
 
2016
 
2015
Net sales
 
$
(23
)
 
$
11,554

Loss from discontinued operations before income taxes
 
(917
)
 
(572
)