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STOCKHOLDERS EQUITY AND EARNINGS PER SHARE (Calculations of the Basic and Diluted Earnings Per Share) (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended
Nov. 30, 2019
Nov. 30, 2018
Earnings Per Share [Abstract]    
Earnings from continuing operations $ 82,755 $ 19,420
Basic earnings per share:    
Shares outstanding for basic earnings per share (shares) 118,370,191 117,387,038
Basic earnings per share attributable to CMC: (in USD per share) [1] $ 0.70 $ 0.17
Diluted earnings per share:    
Shares outstanding for basic earnings per share (shares) 118,370,191 117,387,038
Effect of dilutive securities:    
Stock-based incentive/purchase plans (shares) 1,403,347 1,295,435
Shares outstanding for diluted earnings per share (shares) 119,773,538 118,682,473
Diluted earnings per share attributable to CMC: (in USD per share) [1] $ 0.69 $ 0.16
Antidilutive (shares) 0 0
[1] *Earnings Per Share ("EPS") is calculated independently for each component and may not sum to Net EPS due to rounding