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Stockholders' Equity (Tables)
 3 Months Ended
Feb. 29, 2016
Stockholders' Equity  
Schedule of basic and diluted per share results

 

 

 

 

 

 

 

 

 

 

For the Three Months Ended

 

 

 

Feb. 29, 2016

    

Feb. 28, 2015

 

 

 

 

 

 

 

 

 

Net loss

 

$
(335)

 

$
(708)

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding for computation of basic per share results

 

 
5,153,000

 

 
5,150,000

 

Incremental shares from assumed exercise of Griffin stock options (a)

 

 

 —

 

 

 —

 

Adjusted weighted average shares for computation of diluted per share results

 

 
5,153,000

 

 
5,150,000

 

(a)

Incremental shares from the assumed exercise of Griffin stock options are not included in periods where the inclusion of such shares would be anti-dilutive. The incremental shares from the assumed exercise of stock options for the three month periods ended February 29, 2016 and February 28, 2015 would have been 1,000 and 18,000, respectively.

 

Schedule of option holders

 

 

 

 

Number of option holders at February 29, 2016

      
15

 

 

Schedule of compensation expense and related tax benefits for stock options

 

 

 

 

 

 

 

 

 

 

For the Three Months Ended 

 

 

 

Feb. 29, 2016

 

Feb. 28, 2015

 

 

 

 

 

 

 

 

 

Net compensation expense

 

$
71

 

$
93

 

 

 

 

 

 

 

 

 

Net related tax benefit

 

$
12

 

$
18

 

 

Schedule of unrecognized compensation expense related to nonvested stock options

 

 

 

 

 

Balance of Fiscal 2016

    

$
42

 

Fiscal 2017

 

$
19

 

 

Schedule of options by range of exercise prices

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

    

 

 

    

Weighted Avg.

    

 

 

 

 

 

 

 

 

 

 

Remaining

 

 

 

 

Range of Exercise Prices for

 

Outstanding at

 

Weighted Avg.

 

Contractual Life

 

Total Intrinsic

 

Vested and Nonvested Options

 

February 29, 2016

 

Exercise Price

 

(in years)

 

Value

 

 

 

 

 

 

 

 

 

 

 

 

 

$23.00 - $28.00

 
14,934

 

$
25.43

 
5.9

 

$

 —

 

$28.00 - $32.00

 
127,718

 

$
29.07

 
5.2

 

 

 —

 

$32.00 - $39.00

 
83,075

 

$
33.52

 
2.6

 

 

 —

 

 

 
225,727

 

$
30.47

 
4.3

 

$

 —

 

 

Schedule of accumulated other comprehensive loss

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Three Months Ended Feb. 29, 2016

 

 

 

 

 

 

Unrealized gain

 

 

 

 

 

 

Unrealized loss on

 

on investment in

 

 

 

 

 

    

cash flow hedges

    

Centaur Media

    

Total

 

 

 

 

 

 

 

 

 

 

 

 

Balance November 30, 2015

 

$
(1,744)

 

$
659

 

$
(1,085)

 

Other comprehensive loss before reclassifications

 

 
(1,141)

 

 
(256)

 

 
(1,397)

 

Amounts reclassified

 

 
213

 

 

—

 

 
213

 

Net activity for other comprehensive loss

 

 
(928)

 

 
(256)

 

 
(1,184)

 

Balance February 29, 2016

 

$
(2,672)

 

$
403

 

$
(2,269)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Three Months Ended Feb. 28, 2015

 

 

 

 

 

 

Unrealized gain

 

 

 

 

 

 

Unrealized loss on

 

on investment in

 

 

 

 

 

    

cash flow hedges

    

Centaur Media

    

Total

 

 

 

 

 

 

 

 

 

 

 

 

Balance November 30, 2014

 

$
(1,464)

 

$
629

 

$
(835)

 

Other comprehensive (loss) income before reclassifications

 

 
(326)

 

 
15

 

 
(311)

 

Amounts reclassified

 

 
177

 

 

 —

 

 
177

 

Net activity for other comprehensive loss

 

 
(149)

 

 
15

 

 
(134)

 

Balance February 28, 2015

 

$
(1,613)

 

$
644

 

$
(969)

 

 

Schedule of components of accumulated other comprehensive income (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Three Months Ended

 

 

 

February 29, 2016

 

February 28, 2015

 

 

 

 

 

 

Tax

 

 

 

 

 

 

 

Tax

 

 

 

 

 

 

 

 

 

(Expense)

 

Net-of

 

 

 

 

(Expense)

 

Net-of

 

 

   

Pre-Tax

    

Benefit

    

Tax

    

Pre-Tax

    

Benefit

    

Tax

 

Reclassifications included in net loss:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loss on cash flow hedges (interest expense)

 

$
338

 

$
(125)

 

$
213

 

$
281

 

$
(104)

 

$
177

 

Total reclassifications included in net loss

 

 
338

 

 
(125)

 

 
213

 

 
281

 

 
(104)

 

 
177

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mark to market adjustment on Centaur Media for a decrease in the foreign currency exchange rate

 

 
(128)

 

 
45

 

 
(83)

 

 
(26)

 

 
9

 

 
(17)

 

Mark to market adjustment on Centaur Media for a (decrease) increase in fair value

 

 
(265)

 

 
92

 

 
(173)

 

 
50

 

 
(18)

 

 
32

 

Decrease in fair value adjustments on Griffin’s cash flow hedges

 

 
(1,812)

 

 
671

 

 
(1,141)

 

 
(518)

 

 
192

 

 
(326)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total other changes in other comprehensive loss

 

 
(2,205)

 

 
808

 

 
(1,397)

 

 
(494)

 

 
183

 

 
(311)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other comprehensive loss

 

$
(1,867)

 

$
683

 

$
(1,184)

 

$
(213)

 

$
79

 

$
(134)