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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
3 Months Ended
Nov. 30, 2017
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, 2017
 
$
9,751

 
$
4,970

 
$
57,943

 
$
2,664

 
$
1,982

 
$
77,310

 
Foreign currency translation
 

 

 

 
27

 

 
27

Balance at November 30, 2017
 
$
9,751

 
$
4,970

 
$
57,943

 
$
2,691

 
$
1,982

 
$
77,337

 
 
 
 
 
 
 
 
 
 
 
 
 
Accumulated impairment losses
 
 
 
 
 
 
 
 
 
 
 
 
Balance at August 31, 2017
 
$
(9,751
)
 
$

 
$
(493
)
 
$
(169
)
 
$
(1,982
)
 
$
(12,395
)
 
Foreign currency translation
 

 

 

 
(2
)
 

 
(2
)
Balance at November 30, 2017
 
$
(9,751
)
 
$

 
$
(493
)
 
$
(171
)
 
$
(1,982
)
 
$
(12,397
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill, net
 
 
 
 
 
 
 
 
 
 
 
 
Balance at August 31, 2017
 
$

 
$
4,970

 
$
57,450

 
$
2,495

 
$

 
$
64,915

 
Foreign currency translation
 

 

 

 
25

 

 
25

Balance at November 30, 2017
 
$

 
$
4,970

 
$
57,450

 
$
2,520

 
$

 
$
64,940