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Unusual Items
12 Months Ended
Nov. 30, 2015
Extraordinary and Unusual Items [Abstract]  
Unusual Items
Unusual Items
Total unusual items expense, a component of other expense, net in the consolidated statements of operations was as follows:
 
Year Ended
 
2015
 
2014
 
2013
 
(In millions)
Aerospace and Defense:
 
 
 
 
 
        Loss (gain) on legal matters and settlements
$
50.0

 
$
0.9

 
$
(1.0
)
        Rocketdyne Business acquisition related costs

 

 
2.6

        Aerospace and defense unusual items
50.0

 
0.9

 
1.6

Corporate:
 
 
 
 
 
        Rocketdyne Business acquisition related costs

 

 
17.4

        Loss on debt repurchased
1.9

 
60.6

 
5.0

        Loss on legal settlement

 

 
0.5

        Loss on bank amendment

 
0.2

 

        Corporate unusual items
1.9

 
60.8

 
22.9

            Total unusual items
$
51.9

 
$
61.7

 
$
24.5


Fiscal 2015 Activity:
The Company recorded an expense of $50.0 million associated with a legal settlement. See Note 9(b).
The Company retired $76.0 million principal amount of its delayed draw term loan resulting in $1.9 million of losses associated with the write-off of deferred financing fees.
Fiscal 2014 Activity:
The Company recorded a charge of $0.2 million related to an amendment to the Senior Credit Facility.
The Company recorded $0.9 million for realized losses and interest associated with the failure to register with the SEC the issuance of certain of the Company’s common shares under the defined contribution 401(k) employee benefit plan.
A summary of the Company’s loss on the 4 1/16% Debentures repurchased is as follows (in millions):
Principal amount repurchased
$
59.6

Cash repurchase price
(119.9
)
Write-off of deferred financing costs
(0.3
)
Loss on 4 1/16% Debentures repurchased
$
(60.6
)

Fiscal 2013 Activity:
The Company recorded a charge of $0.5 million related to a legal settlement.
The Company recorded ($1.0) million for realized gains net of interest associated with the failure to register with the SEC the issuance of certain of the Company’s common shares under the defined contribution 401(k) employee benefit plan.
The Company incurred expenses of $20.0 million, including internal labor costs of $1.4 million, related to the Rocketdyne Business acquisition in fiscal 2013.
A summary of the Company’s loss on the 4 1/16% Debentures repurchased is as follows (in millions):
Principal amount repurchased
$
5.2

Cash repurchase price
(10.1
)
Write-off of deferred financing costs
(0.1
)
Loss on 4 1/16% Debentures repurchased
$
(5.0
)