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Segment Information (Tables)
 6 Months Ended
Feb. 29, 2016
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The table below illustrates the Company’s revenues from continuing operations by reportable segment (in thousands):
 
Three Months Ended
 
Six Months Ended
 
2/29/2016
 
2/28/2015
 
2/29/2016
 
2/28/2015
Revenues:
 
 
 
 
 
 
 
Auto and Metals Recycling:
 
 
 
 
 
 
 
Revenues
$
249,812

 
$
389,057

 
$
522,777

 
$
902,745

Less: Intersegment revenues
(19,126
)
 
(44,734
)
 
(42,794
)
 
(100,016
)
AMR external customer revenues
230,686

 
344,323

 
479,983

 
802,729

Steel Manufacturing Business:
 
 
 
 
 
 
 
Revenues
58,391

 
93,126

 
130,292

 
188,344

Total revenues
$
289,077

 
$
437,449

 
$
610,275

 
$
991,073
Reconciliation of Operating Income from Segments to Consolidated
The table below illustrates the reconciliation of the Company’s segment operating loss to the loss from continuing operations before income taxes (in thousands):
 
Three Months Ended
 
Six Months Ended
 
2/29/2016
 
2/28/2015
 
2/29/2016
 
2/28/2015
Auto and Metals Recycling
$
(26,350
)
 
$
(188,640
)
 
$
(24,314
)
 
$
(183,911
)
Steel Manufacturing Business
(1,202
)
 
3,799

 
1,552

 
10,006

Segment operating loss
(27,552
)
 
(184,841
)
 
(22,762
)
 
(173,905
)
Restructuring charges and other exit-related costs
(5,291
)
 
(5,394
)
 
(7,216
)
 
(5,987
)
Corporate and eliminations
(4,233
)
 
(10,776
)
 
(11,126
)
 
(20,334
)
Operating loss
(37,076
)
 
(201,011
)
 
(41,104
)
 
(200,226
)
Interest expense
(2,015
)
 
(2,295
)
 
(3,874
)
 
(4,669
)
Other income, net
438

 
1,993

 
845

 
2,925

Loss from continuing operations before income taxes
$
(38,653
)
 
$
(201,313
)
 
$
(44,133
)
 
$
(201,970
)
Reconciliation of Assets from Segment to Consolidated
The following is a summary of the Company’s total assets by reportable segment (in thousands):
 
February 29, 2016
 
August 31, 2015
Auto and Metals Recycling(1)
$
1,452,722

 
$
1,492,906

Steel Manufacturing Business
369,836

 
370,955

Total segment assets
1,822,558

 
1,863,861

Corporate and eliminations
(970,385
)
 
(901,562
)
Total assets
$
852,173

 
$
962,299

_____________________________
(1)
AMR total assets include $13 million and $15 million as of February 29, 2016 and August 31, 2015, respectively, for investments in joint ventures.