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v3.23.1

BUSINESS SEGMENTS (Summary of Certain Financial Information from Continuing Operations by Reportable Segment and Major Product) (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | 9 Months Ended |
--- | --- | --- | --- | ---
Feb. 28, 2023 | Feb. 28, 2022 | Feb. 28, 2023 | Feb. 28, 2022 | May 31, 2022 | Aug. 31, 2022
Segment Reporting Information [Line Items] |  |  |  |  |  |
Net sales | $ 2,018,003 | $ 2,008,888 | $ 4,245,316 | $ 3,990,689 |  |
Adjusted EBITDA | 296,687 | 564,119 | 699,423 | 878,141 |  |
Total assets | 6,484,851 |  | 6,484,851 |  |  | $ 6,237,027
Segments | Continuing Operations |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |
Net sales | 2,018,003 | 2,008,888 | 4,245,316 | 3,990,689 |  |
Adjusted EBITDA | 296,687 | 564,119 | 699,423 |  | $ 878,141 |
Total assets | 6,484,851 |  | 6,484,851 |  |  | 6,237,027
Segments | North America |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |
Net sales | 1,640,933 | 1,614,224 | 3,457,832 | 3,267,846 |  |
Adjusted EBITDA | 299,311 | 535,463 | 677,267 |  | 803,987 |
Total assets | 4,660,107 |  | 4,660,107 |  |  | 4,467,314
Segments | Europe |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |
Net sales | 355,633 | 395,758 | 762,146 | 724,814 |  |
Adjusted EBITDA | 12,949 | 81,149 | 77,454 |  | 160,981 |
Total assets | 1,253,468 |  | 1,253,468 |  |  | 1,056,101
Segments | Unaffiliated Customers |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |
Net sales | 2,018,003 | 2,008,888 | 4,245,316 | 3,990,689 |  |
Segments | Unaffiliated Customers | North America |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |
Net sales | 1,639,993 | 1,614,224 | 3,455,241 | 3,267,846 |  |
Segments | Unaffiliated Customers | Europe |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |
Net sales | 354,939 | 395,349 | 760,888 | 723,911 |  |
Segments | Raw materials |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |
Net sales | 320,605 | 372,805 | 617,792 | 732,857 |  |
Segments | Raw materials | North America |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |
Net sales | 315,711 | 366,941 | 608,031 | 720,033 |  |
Segments | Raw materials | Europe |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |
Net sales | 4,894 | 5,864 | 9,761 | 12,824 |  |
Segments | Steel Products |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |
Net sales | 903,331 | 986,461 | 1,920,729 | 1,904,648 |  |
Segments | Steel Products | North America |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |
Net sales | 630,724 | 666,047 | 1,336,186 | 1,341,089 |  |
Segments | Steel Products | Europe |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |
Net sales | 272,607 | 320,414 | 584,543 | 563,559 |  |
Segments | Downstream products |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |
Net sales | 589,301 | 519,294 | 1,290,817 | 1,103,762 |  |
Segments | Downstream products | North America |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |
Net sales | 539,173 | 459,753 | 1,181,107 | 974,149 |  |
Segments | Downstream products | Europe |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |
Net sales | 50,128 | 59,541 | 109,710 | 129,613 |  |
Segments | Construction-related solutions |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |
Net sales | 139,844 | 83,638 | 301,662 | 166,137 |  |
Segments | Construction-related solutions | North America |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |
Net sales | 122,464 | 83,638 | 264,836 | 166,137 |  |
Segments | Construction-related solutions | Europe |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |
Net sales | 17,380 | 0 | 36,826 | 0 |  |
Segments | Other |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |
Net sales | 64,922 | 46,690 | 114,316 | 83,285 |  |
Segments | Other | North America |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |
Net sales | 31,921 | 37,845 | 65,081 | 66,438 |  |
Segments | Other | Europe |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |
Net sales | 9,930 | 9,530 | 20,048 | 17,915 |  |
Segments | New Markets Tax Credit Transactions | North America |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |
Net sales |  |  | 17,700 |  |  |
Segments | Corporate |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |
Net sales | 21,437 | (1,094) | 25,338 |  |  |
Adjusted EBITDA | (15,573) | (52,493) |  |  |  |
Segments | Corporate | Unaffiliated Customers |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |
Net sales | 23,071 | (685) | 29,187 | (1,068) |  |
Segments | Corporate | Raw materials |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |
Net sales | 0 | 0 | 0 | 0 |  |
Segments | Corporate | Steel Products |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |
Net sales | 0 | 0 | 0 | 0 |  |
Segments | Corporate | Downstream products |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |
Net sales | 0 | 0 | 0 | 0 |  |
Segments | Corporate | Construction-related solutions |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |
Net sales | 0 | 0 | 0 | 0 |  |
Segments | Corporate | Other |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |
Net sales | 23,071 | (685) | 29,187 | (1,068) |  |
Segments | Corporate and Other |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |
Net sales |  |  |  | (1,971) |  |
Adjusted EBITDA |  |  | (55,298) |  | $ (86,827) |
Total assets | 571,276 |  | 571,276 |  |  | $ 713,612
Intersegment |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |
Net sales | 0 | 0 | 0 | 0 |  |
Intersegment | North America |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |
Net sales | 940 | 0 | 2,591 | 0 |  |
Intersegment | Europe |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |
Net sales | 694 | 409 | 1,258 | 903 |  |
Intersegment | Corporate |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |
Net sales | $ (1,634) | $ (409) | $ (3,849) | $ (903) |  |

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