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STOCKHOLDERS’ EQUITY AND EARNINGS PER SHARE ATTRIBUTABLE TO CMC (Tables)
3 Months Ended
Nov. 30, 2016
Earnings Per Share [Abstract]  
Calculations of the basic and diluted earnings per share from continuing operations
The calculations of basic and diluted earnings per share from continuing operations for the three months ended November 30, 2016 and 2015 were as follows: 
 
 
Three Months Ended November 30,
(in thousands, except share data)
 
2016
 
2015
Earnings from continuing operations attributable to CMC
 
$
7,174

 
$
25,633

 
 
 
 
 
Basic earnings per share:
 
 
 
 
       Shares outstanding for basic earnings per share
 
115,097,467

 
116,022,241

 
 
 
 
 
Basic earnings per share attributable to CMC
 
$
0.06

 
$
0.22

 
 
 
 
 
Diluted earnings per share:
 
 
 
 
       Shares outstanding for basic earnings per share
 
115,097,467

 
116,022,241

Effect of dilutive securities:
 
 
 
 
Stock-based incentive/purchase plans
 
1,507,322

 
1,317,204

Shares outstanding for diluted earnings per share
 
116,604,789

 
117,339,445

 
 
 
 
 
Diluted earnings per share attributable to CMC
 
$
0.06

 
$
0.22

 
 
 
 
 
Anti-dilutive shares not included above
 
130,989

 
818,546


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CMC's restricted stock is included in the number of shares of common stock issued and outstanding, but is omitted from the basic earnings per share calculation until the shares vest.