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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Nov. 30, 2023
Aug. 31, 2023
Current assets:    
Cash and cash equivalents $ 4,408 $ 6,032
Accounts receivable, net of allowance for credit losses of $1,476 and $1,590 191,415 210,442
Inventories 281,062 278,642
Refundable income taxes 3,135 3,245
Prepaid expenses and other current assets 55,427 51,979
Total current assets 535,447 550,340
Property, plant and equipment, net of accumulated depreciation of $919,522 and $902,231 698,715 706,805
Operating lease right-of-use assets 114,965 115,686
Investments in joint ventures 10,268 10,750
Goodwill 229,345 229,419
Intangibles, net of accumulated amortization of $13,957 and $12,442 32,720 32,540
Deferred income taxes 22,438 22,713
Other assets 48,756 47,696
Total assets 1,692,654 1,715,949
Current liabilities:    
Short-term borrowings 5,641 5,813
Accounts payable 200,569 209,423
Accrued payroll and related liabilities 26,976 35,144
Environmental liabilities 11,891 13,743
Operating lease liabilities 19,923 19,835
Accrued income taxes 346 358
Other accrued liabilities 39,813 39,614
Total current liabilities 305,159 323,930
Deferred income taxes 47,665 58,617
Long-term debt, net of current maturities 278,280 243,579
Environmental liabilities, net of current portion 52,352 53,034
Operating lease liabilities, net of current maturities 95,267 96,086
Other long-term liabilities 29,655 29,044
Total liabilities 808,378 804,290
Commitments and contingencies (Note 5)
Radius Recycling ("Radius") shareholders' equity:    
Preferred stock – 20,000 shares $1.00 par value authorized, none issued 0 0
Additional paid-in capital 22,258 26,035
Retained earnings 870,975 894,316
Accumulated other comprehensive loss (40,102) (39,683)
Total Radius shareholders' equity 880,994 908,180
Noncontrolling interests 3,282 3,479
Total equity 884,276 911,659
Total liabilities and equity 1,692,654 1,715,949
Class A Common Stock    
Radius Recycling ("Radius") shareholders' equity:    
Common stock, value 27,663 27,312
Class B Common Stock    
Radius Recycling ("Radius") shareholders' equity:    
Common stock, value $ 200 $ 200