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STOCKHOLDERS’ EQUITY AND EARNINGS PER SHARE ATTRIBUTABLE TO CMC (Tables)
 3 Months Ended
Nov. 30, 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 months ended November 30, 2018 and 2017 were as follows: 
 
 
Three Months Ended November 30,
(in thousands, except share data)
 
2018
 
2017
Earnings from continuing operations
 
$
19,420

 
$
31,871

Basic earnings per share:
 
 
 
 
       Shares outstanding for basic earnings per share
 
117,387,038

 
116,243,545

Basic earnings per share from continuing operations
 
$
0.17

 
$
0.27

Diluted earnings per share:
 
 
 
 
       Shares outstanding for basic earnings per share
 
117,387,038

 
116,243,545

Effect of dilutive securities:
 
 
 
 
Stock-based incentive/purchase plans
 
1,295,435

 
1,614,366

Shares outstanding for diluted earnings per share
 
118,682,473

 
117,857,911

Diluted earnings per share from continuing operations
 
$
0.16

 
$
0.27


  
There are no anti-dilutive shares for the 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.