XML 37 R22.htm IDEA: XBRL DOCUMENT v3.3.1.900
Quarterly Financial Data (Unaudited)
12 Months Ended
Nov. 30, 2015
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data (Unaudited), (As Restated for the first nine months of fiscal 2015 and 2014)
Quarterly Financial Data (Unaudited)
As discussed in Note 2, the Company has restated its consolidated financial statements for fiscal 2014 and 2013 and its unaudited quarterly financial information for the first three quarters in fiscal 2015 and each of the quarters in fiscal 2014. The quarterly unaudited financial results presented in the table below reflect the impact of the restatement adjustments.
 
First
Quarter 
 
Second
Quarter 
 
Third
Quarter 
 
Fourth
Quarter
 
As Restated
 
As Restated
 
As Restated
 
 
 
(In millions, except per share amounts)
2015
 
 
 
 
 
 
 
Net sales
$
323.0

 
$
457.8

 
$
441.0

 
$
486.5

Cost of sales (exclusive of items shown separately on Statement of Operations)
285.4

 
372.7

 
373.1

 
428.3

(Loss) income from continuing operations before income taxes
(9.3
)
 
37.2

 
(60.2
)
 
15.5

(Loss) income from continuing operations
(3.5
)
 
17.3

 
(38.5
)
 
7.6

Income from discontinued operations, net of income taxes
0.2

 

 
0.6

 
0.1

Net (loss) income
(3.3
)
 
17.3

 
(37.9
)
 
7.7

Basic (loss) income per share from continuing operations
(0.06
)
 
0.28

 
(0.62
)
 
0.12

Basic income per share from discontinued operations, net of income taxes

 

 
0.01

 

Basic net (loss) income per share
(0.06
)
 
0.28

 
(0.61
)
 
0.12

Diluted (loss) income per share from continuing operations
(0.06
)
 
0.25

 
(0.62
)
 
0.12

Diluted income per share from discontinued operations, net of income taxes

 

 
0.01

 

Diluted net (loss) income per share
$
(0.06
)
 
$
0.25

 
$
(0.61
)
 
$
0.12


 
First
Quarter 
 
Second
Quarter 
 
Third
Quarter 
 
Fourth
Quarter
 
(In millions, except per share amounts)
2014, As Restated
 
 
 
 
 
 
 
Net sales
$
331.6

 
$
406.6

 
$
420.4

 
$
443.6

Cost of sales (exclusive of items shown separately on Statement of Operations)
287.5

 
369.0

 
375.8

 
373.9

(Loss) income from continuing operations before income taxes
(0.2
)
 
(48.2
)
 
(11.2
)
 
26.6

(Loss) income from continuing operations
(2.2
)
 
(48.4
)
 
(10.7
)
 
12.0

(Loss) income from discontinued operations, net of income taxes

 
(0.8
)
 
0.2

 
(0.1
)
Net (loss) income
(2.2
)
 
(49.2
)
 
(10.5
)
 
11.9

Basic (loss) income per share from continuing operations
(0.04
)
 
(0.84
)
 
(0.19
)
 
0.20

Basic loss per share from discontinued operations, net of income taxes

 
(0.01
)
 

 

Basic net (loss) income per share
(0.04
)
 
(0.85
)
 
(0.19
)
 
0.20

Diluted (loss) income per share from continuing operations
(0.04
)
 
(0.84
)
 
(0.19
)
 
0.18

Diluted loss per share from discontinued operations, net of income taxes

 
(0.01
)
 

 

Diluted net (loss) income per share
$
(0.04
)
 
$
(0.85
)
 
$
(0.19
)
 
$
0.18