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STOCKHOLDERS’ EQUITY AND EARNINGS PER SHARE ATTRIBUTABLE TO CMC (Tables) | 9 Months Ended
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May 31, 2017
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 and nine months ended May 31, 2017 and May 31, 2016 were as follows:
|  | Three Months Ended May 31, |  | Nine Months Ended May 31,
(in thousands, except share data) |  | 2017 |  | 2016 |  | 2017 |  | 2016
Earnings from continuing operations attributable to CMC |  | $ | 39,609 |  |  | $ | 35,111 |  |  | $ | 76,422 |  |  | $ | 71,593 |
Basic earnings per share: |  |  |  |  |  |  |  |
Shares outstanding for basic earnings per share |  | 115,886,372 |  |  | 114,677,109 |  |  | 115,574,289 |  |  | 115,373,736 |
Basic earnings per share attributable to CMC |  | $ | 0.34 |  |  | $ | 0.31 |  |  | $ | 0.66 |  |  | $ | 0.62 |
Diluted earnings per share: |  |  |  |  |  |  |  |
Shares outstanding for basic earnings per share |  | 115,886,372 |  |  | 114,677,109 |  |  | 115,574,289 |  |  | 115,373,736 |
Effect of dilutive securities: |  |  |  |  |  |  |  |
Stock-based incentive/purchase plans |  | 1,318,997 |  |  | 1,318,406 |  |  | 1,513,052 |  |  | 1,384,980 |
Shares outstanding for diluted earnings per share |  | 117,205,369 |  |  | 115,995,515 |  |  | 117,087,341 |  |  | 116,758,716 |
Diluted earnings per share attributable to CMC |  | $ | 0.34 |  |  | $ | 0.30 |  |  | $ | 0.65 |  |  | $ | 0.61 |
Anti-dilutive shares not included above |  | — |  |  | 295,107 |  |  | — |  |  | 295,107 |
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.

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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