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STOCKHOLDERS’ EQUITY AND EARNINGS PER SHARE ATTRIBUTABLE TO CMC (Tables)
 3 Months Ended
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.