|
Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Share data |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
|
May 31, 2011
|
May 31, 2010
|
May 31, 2011
|
May 31, 2010
|
|
| Consolidated Statements of Operations [Abstract] | Â | Â | Â | Â |
| Net sales | $ 2,076,564 | $ 1,765,154 | $ 5,650,810 | $ 4,489,855 |
| Costs and expenses: | Â | Â | Â | Â |
| Cost of goods sold | 1,861,125 | 1,645,250 | 5,205,197 | 4,253,574 |
| Selling, general and administrative expenses | 145,597 | 108,509 | 390,772 | 389,182 |
| Interest expense | 18,254 | 18,184 | 54,857 | 57,871 |
| Total cost and expense | 2,024,976 | 1,771,943 | 5,650,826 | 4,700,627 |
| Earnings (loss) from continuing operations before income taxes | 51,588 | (6,789) | (16) | (210,772) |
| Income taxes (benefit) | 14,493 | 3,952 | 8,688 | (36,101) |
| Earnings (loss) from continuing operations | 37,095 | (10,741) | (8,704) | (174,671) |
| Earnings (loss) from discontinued operations before taxes | (1,429) | 4,001 | (782) | (62,513) |
| Income taxes (benefit) | (554) | 1,723 | (303) | (24,117) |
| Earnings (loss) from discontinued operations | (875) | 2,278 | (479) | (38,396) |
| Net earnings (loss) | 36,220 | (8,463) | (9,183) | (213,067) |
| Less net earnings attributable to noncontrolling interests | 55 | 363 | 163 | 278 |
| Net earnings loss attributable to CMC | $ 36,165 | $ (8,826) | $ (9,346) | $ (213,345) |
| Basic earnings (loss) per share attributable to CMC: | Â | Â | Â | Â |
| Earnings (loss) from continuing operations | $ 0.32 | $ (0.1) | $ (0.08) | $ (1.54) |
| Earnings (loss) from discontinued operations | $ (0.01) | $ 0.02 | Â | $ (0.34) |
| Net earnings (loss) | $ 0.31 | $ (0.08) | $ (0.08) | $ (1.88) |
| Diluted earnings (loss) per share attributable to CMC: | Â | Â | Â | Â |
| Earnings (loss) from continuing operations | $ 0.32 | $ (0.1) | $ (0.08) | $ (1.54) |
| Earnings (loss) from discontinued operations | $ (0.01) | $ 0.02 | Â | $ (0.34) |
| Net earnings (loss) | $ 0.31 | $ (0.08) | $ (0.08) | $ (1.88) |
| Cash dividends per share | $ 0.12 | $ 0.12 | $ 0.36 | $ 0.36 |
| Average basic shares outstanding | 115,403,374 | 114,067,149 | 114,819,792 | 113,279,301 |
| Average diluted shares outstanding | 116,360,755 | 114,067,149 | 114,819,792 | 113,279,301 |