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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
9 Months Ended
May 31, 2018
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:
(in thousands)
 
Americas Recycling
 
Americas Mills
 
Americas Fabrication
 
International Mill
 
Corporate and Other*
 
Consolidated
Goodwill, gross
 
 
 
 
 
 
 
 
 
 
 
 
Balance, August 31, 2017
 
$
9,751

 
$
4,970

 
$
57,943

 
$
2,664

 
$
1,982

 
$
77,310

 
Foreign currency translation
 

 

 

 
(90
)
 

 
(90
)
 
Impairment
 

 

 
(514
)
 

 

 
(514
)
 
Reclassification to assets of discontinued operations
 

 

 

 

 
(1,982
)
 
(1,982
)
Balance, May 31, 2018
 
$
9,751

 
$
4,970

 
$
57,429

 
$
2,574

 
$

 
$
74,724

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

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

 

 

 
5

 

 
5

 
Reclassification to assets of discontinued operations
 

 

 

 

 
1,982

 
1,982

Balance, May 31, 2018
 
$
(9,751
)
 
$

 
$
(493
)
 
$
(164
)
 
$

 
$
(10,408
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill, net
 
 
 
 
 
 
 
 
 
 
 
 
Balance, August 31, 2017
 
$

 
$
4,970

 
$
57,450

 
$
2,495

 
$

 
$
64,915

 
Foreign currency translation
 

 

 

 
(85
)
 

 
(85
)
 
Impairment
 

 

 
(514
)
 

 

 
(514
)
Balance, May 31, 2018
 
$

 
$
4,970

 
$
56,936

 
$
2,410

 
$

 
$
64,316

_________________
* Other relates to goodwill for the International Marketing and Distribution segment which was moved to discontinued operations during the second quarter of fiscal 2018.