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Consolidated Balance Sheets - USD ($)
$ in Thousands
Aug. 31, 2023
Aug. 31, 2022
Current assets:    
Cash and cash equivalents $ 6,032 $ 43,803
Accounts receivable, net 210,442 237,654
Inventories 278,642 315,189
Refundable income taxes 3,245 1,696
Prepaid expenses and other current assets 51,979 73,044
Total current assets 550,340 671,386
Property, plant and equipment, net 706,805 664,120
Operating lease right-of-use assets 115,686 122,413
Investments in joint ventures 10,750 12,841
Goodwill 229,419 255,198
Intangibles, net 32,540 26,155
Deferred income taxes 22,713 24,598
Other assets 47,696 49,886
Total assets 1,715,949 1,826,597
Current liabilities:    
Short-term borrowings 5,813 6,041
Accounts payable 209,423 217,689
Accrued payroll and related liabilities 35,144 59,702
Environmental liabilities 13,743 13,031
Operating lease liabilities 19,835 21,660
Accrued income taxes 358 3,856
Other accrued liabilities 39,614 59,594
Total current liabilities 323,930 381,573
Deferred income taxes 58,617 63,328
Long-term debt, net of current maturities 243,579 242,521
Environmental liabilities, net of current portion 53,034 55,469
Operating lease liabilities, net of current maturities 96,086 101,651
Other long-term liabilities 29,044 23,581
Total liabilities 804,290 868,123
Commitments and contingencies (Note 9)
Radius Recycling ("Radius") shareholders' equity:    
Preferred stock – 20,000 shares $1.00 par value authorized, none issued 0 0
Additional paid-in capital 26,035 22,975
Retained earnings 894,316 941,146
Accumulated other comprehensive loss (39,683) (37,089)
Total Radius shareholders' equity 908,180 953,979
Noncontrolling interests 3,479 4,495
Total equity 911,659 958,474
Total liabilities and equity 1,715,949 1,826,597
Class A Common Stock    
Radius Recycling ("Radius") shareholders' equity:    
Common stock, value 27,312 26,747
Class B Common Stock    
Radius Recycling ("Radius") shareholders' equity:    
Common stock, value $ 200 $ 200