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STOCKHOLDERS’ EQUITY AND EARNINGS PER SHARE ATTRIBUTABLE TO CMC (Tables) | 3 Months Ended
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Nov. 30, 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 months ended November 30, 2017 and 2016 were as follows:
|  | Three Months Ended November 30,
(in thousands, except share data) |  | 2017 |  | 2016
Earnings from continuing operations |  | $ | 38,536 |  |  | $ | 4,936 |
Basic earnings per share: |  |  |  |
Shares outstanding for basic earnings per share |  | 116,243,545 |  |  | 115,097,467 |
Basic earnings per share from continuing operations |  | $ | 0.33 |  |  | $ | 0.04 |
Diluted earnings per share: |  |  |  |
Shares outstanding for basic earnings per share |  | 116,243,545 |  |  | 115,097,467 |
Effect of dilutive securities: |  |  |  |
Stock-based incentive/purchase plans |  | 1,614,366 |  |  | 1,507,322 |
Shares outstanding for diluted earnings per share |  | 117,857,911 |  |  | 116,604,789 |
Diluted earnings per share from continuing operations |  | $ | 0.32 |  |  | $ | 0.04 |
Anti-dilutive shares not included above |  | — |  |  | 130,989 |
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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