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Operating Segments and Related Disclosures (Tables)
 6 Months Ended
May. 31, 2015
Segment Reporting [Abstract]  
Summary of Customers that Represented More than 10% of Net Sales
Customers that represented more than 10% of net sales for the periods presented are as follows:
 
Three months ended May 31,
 
Six months ended May 31,
 
2015
 
2014
 
2015
 
2014
Lockheed Martin Corporation
26
%
 
30
%
 
27
%
 
25
%
United Launch Alliance
19
%
 
25
%
 
18
%
 
26
%
Raytheon Company
20
%
 
18
%
 
21
%
 
18
%
NASA
11
%
 
11
%
 
12
%
 
13
%
Summary of Sales to U.S. Government and its Agencies
Sales to the U.S. government and its agencies, including sales to the Company’s significant customers discussed above, were as follows (dollars in millions):
 
U.S. Government
Sales
 
Percentage of Net
Sales
Three months ended May 31, 2015
$
396.1

 
87
%
Three months ended May 31, 2014
386.5

 
96
%
Six months ended May 31, 2015
692.1

 
89
%
Six months ended May 31, 2014
698.1

 
95
%
Schedule of Selected Financial Information for Each Reportable Segment
Selected financial information for each reportable segment is as follows:
 
Three months ended May 31,
 
Six months ended May 31,
 
2015
 
2014
 
2015
 
2014
 
(In millions)
Net Sales:
 
 
 
 
 
 
 
Aerospace and Defense
$
413.4

 
$
402.9

 
$
730.4

 
$
733.5

Real Estate
43.5

 
1.6

 
45.1

 
3.1

Total Net Sales
$
456.9

 
$
404.5

 
$
775.5

 
$
736.6

Segment Performance:
 
 
 
 
 
 
 
Aerospace and Defense
$
48.4

 
$
22.5

 
$
78.7

 
$
55.5

Environmental remediation provision adjustments
(1.9
)
 
(0.3
)
 
(3.3
)
 
(1.9
)
Retirement benefit plan expense
(12.4
)
 
(6.1
)
 
(24.8
)
 
(12.2
)
Unusual items
—

 
(0.1
)
 
0.7

 
(0.1
)
Aerospace and Defense Total
34.1

 
16.0

 
51.3

 
41.3

Real Estate
31.6

 
0.9

 
32.5

 
1.8

Total Segment Performance
$
65.7

 
$
16.9

 
$
83.8

 
$
43.1

Reconciliation of segment performance to income (loss) from continuing operations before income taxes:
 
 
 
 
 
 
 
Segment performance
$
65.7

 
$
16.9

 
$
83.8

 
$
43.1

Interest expense
(13.2
)
 
(12.6
)
 
(26.6
)
 
(25.0
)
Interest income
—

 
—

 
0.1

 
—

Stock-based compensation expense
(2.0
)
 
(1.6
)
 
(7.3
)
 
(3.0
)
Corporate retirement benefit plan expense
(4.4
)
 
(2.8
)
 
(8.6
)
 
(5.6
)
Corporate and other expense, net
(5.9
)
 
(4.5
)
 
(11.7
)
 
(9.7
)
Unusual items
(0.5
)
 
(46.1
)
 
(0.7
)
 
(51.0
)
Income (loss) from continuing operations before income taxes
$
39.7

 
$
(50.7
)
 
$
29.0

 
$
(51.2
)