Discontinued Operations

6 Months Ended

May. 31, 2015

Discontinued Operations and Disposal Groups [Abstract]

Discontinued Operations

Discontinued Operations

On August 31, 2004, the Company completed the sale of its GDX Automotive business. On November 30, 2005, the Company completed the sale of the Fine Chemicals business. The remaining subsidiaries after the sale of GDX Automotive and the Fine Chemicals business are classified as discontinued operations.

Summarized financial information for discontinued operations is set forth below:

	Three months ended May 31,					Six months ended May 31,
	2015		2014			2015		2014
	(In millions)
Net sales	$	—	$	—		$	—	$	—
(Loss) income before income taxes (1)	—		(1.4		)	0.3		(1.4		)
Income tax provision	—		0.6			0.1		0.6
Net (loss) income from discontinued operations	—		(0.8		)	0.2		(0.8		)

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(1) Includes foreign currency transaction gains of $0.2 million in the first half of fiscal 2015.