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STOCKHOLDERS’ EQUITY AND EARNINGS PER SHARE ATTRIBUTABLE TO CMC (Tables)
 9 Months Ended
May 31, 2018
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, 2018 and 2017 were as follows: 
 
 
Three Months Ended May 31,
 
Nine Months Ended May 31,
(in thousands, except share data)
 
2018
 
2017
 
2018
 
2017
Earnings from continuing operations
 
$
42,325

 
$
31,567

 
$
83,977

 
$
60,245

 
 
 
 
 
 
 
 
 
Basic earnings per share:
 
 
 
 
 
 
 
 
       Shares outstanding for basic earnings per share
 
117,111,799

 
115,886,372

 
116,722,504

 
115,574,289

 
 
 
 
 
 
 
 
 
Basic earnings per share from continuing operations
 
$
0.36

 
$
0.27

 
$
0.72

 
$
0.52

 
 
 
 
 
 
 
 
 
Diluted earnings per share:
 
 
 
 
 
 
 
 
       Shares outstanding for basic earnings per share
 
117,111,799

 
115,886,372

 
116,722,504

 
115,574,289

Effect of dilutive securities:
 
 
 
 
 
 
 
 
Stock-based incentive/purchase plans
 
1,142,992

 
1,318,997

 
1,328,360

 
1,513,052

Shares outstanding for diluted earnings per share
 
118,254,791

 
117,205,369

 
118,050,864

 
117,087,341

 
 
 
 
 
 
 
 
 
Diluted earnings per share from continuing operations
 
$
0.36

 
$
0.27

 
$
0.71

 
$
0.51


  
CMC had 26,886 shares that were anti-dilutive for the three months ended May 31, 2018. There are no anti-dilutive shares for the other periods presented.

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.