The effects of these prior period errors on the consolidated financial statements are as follows:

Consolidated Balance Sheet



	November 30, 2014
	As Reported			Adjustments			As Restated
	(In millions)
ASSETS
Current Assets
Cash and cash equivalents	$	265.9		$	—		$	265.9
Accounts receivable	172.9			(2.4		)	170.5
Inventories	139.0			(1.0		)	138.0
Recoverable from the U.S. government and other third parties for environmental remediation costs	19.4			—			19.4
Receivable from Northrop	6.0			—			6.0
Other current assets, net	35.9			2.7			38.6
Income taxes	2.1			—			2.1
Deferred income taxes	25.3			(5.4		)	19.9
Total Current Assets	666.5			(6.1		)	660.4
Noncurrent Assets
Property, plant and equipment, net	367.5			(1.0		)	366.5
Real estate held for entitlement and leasing	94.4			—			94.4
Recoverable from the U.S. government and other third parties for environmental remediation costs	81.2			6.0			87.2
Receivable from Northrop	74.8			(6.0		)	68.8
Deferred income taxes	259.0			2.4			261.4
Goodwill	164.4			(6.3		)	158.1
Intangible assets	122.2			—			122.2
Income taxes	—			6.6			6.6
Other noncurrent assets, net	91.6			1.4			93.0
Total Noncurrent Assets	1,255.1			3.1			1,258.2
Total Assets	$	1,921.6		$	(3.0	)	$	1,918.6
LIABILITIES, REDEEMABLE COMMON STOCK, AND STOCKHOLDERS’ DEFICIT
Current Liabilities
Short-term borrowings and current portion of long-term debt	$	5.3		$	—		$	5.3
Accounts payable	103.5			0.5			104.0
Reserves for environmental remediation costs	31.9			—			31.9
Postretirement medical and life insurance benefits	6.4			—			6.4
Advance payments on contracts	198.5			(1.1		)	197.4
Other current liabilities	221.7			(0.3		)	221.4
Total Current Liabilities	567.3			(0.9		)	566.4
Noncurrent Liabilities
Senior debt	93.8			—			93.8
Second-priority senior notes	460.0			—			460.0
Convertible subordinated notes	133.8			—			133.8
Other debt	89.3			—			89.3
Reserves for environmental remediation costs	134.1			—			134.1
Pension benefits	482.8			—			482.8
Postretirement medical and life insurance benefits	51.7			—			51.7
Other noncurrent liabilities	79.7			0.9			80.6
Total Noncurrent Liabilities	1,525.2			0.9			1,526.1
Total Liabilities	2,092.5			—			2,092.5
Commitments and contingencies (Note 9)
Redeemable common stock	1.6			—			1.6
Stockholders’ Deficit
Preference stock	—			—			—
Common stock	5.9			—			5.9
Other capital	287.3			0.1			287.4
Treasury stock	(64.5		)	—			(64.5		)
Accumulated deficit	(67.0		)	(3.6		)	(70.6		)
Accumulated other comprehensive loss, net of income taxes	(334.2		)	0.5			(333.7		)
Total Stockholders’ Deficit	(172.5		)	(3.0		)	(175.5		)
Total Liabilities, Redeemable Common Stock and Stockholders’ Deficit	$	1,921.6		$	(3.0	)	$	1,918.6

Consolidated Statements of Operations and Comprehensive (Loss) Income



	Year Ended 2014
	As Reported			Adjustments			As Restated
	(In millions, except per share amounts)
Net sales	$	1,597.4		$	4.8		$	1,602.2
Operating costs and expenses:
Cost of sales (exclusive of items shown separately below)	1,408.1			(1.9		)	1,406.2
Selling, general and administrative	37.9			0.3			38.2
Depreciation and amortization	63.7			—			63.7
Other expense, net:
Loss on debt repurchased	60.6			—			60.6
Other	13.9			—			13.9
Total operating costs and expenses	1,584.2			(1.6		)	1,582.6
Operating income	13.2			6.4			19.6
Non-operating (income) expense:
Interest income	(0.1		)	—			(0.1		)
Interest expense	52.7			—			52.7
Total non-operating expense, net	52.6			—			52.6
Loss from continuing operations before income taxes	(39.4		)	6.4			(33.0		)
Income tax provision	12.9			3.4			16.3
Loss from continuing operations	(52.3		)	3.0			(49.3		)
Loss from discontinued operations, net of income taxes	(0.7		)	—			(0.7		)
Net loss	$	(53.0	)	$	3.0		$	(50.0	)
Loss per share of common stock
Basic and Diluted:
Loss per share from continuing operations	$	(0.91	)	$	0.06		$	(0.85	)
Loss per share from discontinued operations, net of income taxes	(0.01		)	—			(0.01		)
Net loss per share	$	(0.92	)	$	0.06		$	(0.86	)
Weighted average shares of common stock outstanding, basic and diluted	57.9			—			57.9



	Year Ended 2014
	As Reported			Adjustments		As Restated
	(In millions)
Net loss	$	(53.0	)	$	3.0	$	(50.0	)
Other comprehensive loss:
Amortization of net actuarial losses, net of income taxes	30.7			0.4		31.1
Actuarial losses, net of income taxes	(142.0		)	6.0		(136.0		)
Amortization of prior service credits, net of income taxes	(0.5		)	—		(0.5		)
Comprehensive loss	$	(164.8	)	$	9.4	$	(155.4	)



	Year Ended 2013
	As Reported			Adjustments			As Restated
	(In millions, except per share amounts)
Net sales	$	1,383.1		$	(5.0	)	$	1,378.1
Operating costs and expenses:
Cost of sales (exclusive of items shown separately below)	1,229.6			4.7			1,234.3
Selling, general and administrative	53.6			—			53.6
Depreciation and amortization	43.8			(0.3		)	43.5
Other expense, net:
Loss on debt repurchased	5.0			—			5.0
Other	28.8			0.1			28.9
Total operating costs and expenses	1,360.8			4.5			1,365.3
Operating income	22.3			(9.5		)	12.8
Non-operating (income) expense:
Interest income	(0.2		)	—			(0.2		)
Interest expense	48.7			—			48.7
Total non-operating expense, net	48.5			—			48.5
Loss from continuing operations before income taxes	(26.2		)	(9.5		)	(35.7		)
Income tax benefit	(193.9		)	(4.5		)	(198.4		)
Income from continuing operations	167.7			(5.0		)	162.7
Income from discontinued operations, net of income taxes	0.2			—			0.2
Net income	$	167.9		$	(5.0	)	$	162.9
Income per share of common stock
Basic:
Income per share from continuing operations	$	2.76		$	(0.08	)	$	2.68
Income per share from discontinued operations, net of income taxes	—			—			—
Net income per share	$	2.76		$	(0.08	)	$	2.68
Diluted:
Income per share from continuing operations	$	2.11		$	(0.06	)	$	2.05
Income per share from discontinued operations, net of income taxes	—			—			—
Net income per share	$	2.11		$	(0.06	)	$	2.05
Weighted average shares of common stock outstanding, basic	59.6			—			59.6
Weighted average shares of common stock outstanding, diluted	81.9			—			81.9



	Year Ended 2013
	As Reported			Adjustments			As Restated
	(In millions)
Net income	$	167.9		$	(5.0	)	$	162.9
Other comprehensive income:
Amortization of actuarial losses, net of income taxes	91.3			—			91.3
Actuarial gains, net of income taxes	173.5			(5.9		)	167.6
Amortization of prior service credits, net of income taxes	(0.9		)	—			(0.9		)
Comprehensive income	$	431.8		$	(10.9	)	$	420.9

Consolidated Statements of Cash Flows



	Year Ended 2014
	As Reported			Adjustments			As Restated
	(In millions)
Operating Activities
Net loss	$	(53.0	)	$	3.0		$	(50.0	)
Adjustments to reconcile net loss to net cash provided by operating activities:
Loss from discontinued operations, net of income taxes	0.7			—			0.7
Depreciation and amortization	63.7			—			63.7
Amortization of financing costs	3.6			—			3.6
Stock-based compensation	5.7			—			5.7
Retirement benefit expense	35.6			0.9			36.5
Loss on debt repurchased	60.6			—			60.6
Loss on bank amendment	0.2			—			0.2
Loss on disposal of long-lived assets	2.8			—			2.8
Gain on sale of technology	(6.8		)	—			(6.8		)
Tax benefit on stock-based awards	(1.5		)	0.2			(1.3		)
Changes in assets and liabilities, net of effects from acquisition:
Accounts receivable	41.0			(12.1		)	28.9
Inventories	(33.9		)	1.9			(32.0		)
Other current assets, net	(12.8		)	2.0			(10.8		)
Income tax receivable	11.1			(7.4		)	3.7
Real estate held for entitlement and leasing	(15.0		)	—			(15.0		)
Receivable from Northrop	(2.8		)	—			(2.8		)
Recoverable from the U.S. government and other third parties for environmental remediation costs	8.5			—			8.5
Other noncurrent assets	(24.3		)	0.2			(24.1		)
Accounts payable	(19.0		)	0.8			(18.2		)
Retirement benefits	(5.3		)	—			(5.3		)
Advance payments on contracts	94.1			2.8			96.9
Other current liabilities	22.0			(2.2		)	19.8
Deferred income taxes	(18.1		)	11.0			(7.1		)
Reserves for environmental remediation costs	(5.3		)	—			(5.3		)
Other noncurrent liabilities and other	0.7			(0.9		)	(0.2		)
Net cash provided by continuing operations	152.5			0.2			152.7
Net cash used in discontinued operations	(2.1		)	—			(2.1		)
Net Cash Provided by Operating Activities	150.4			0.2			150.6
Investing Activities
Purchase of Rocketdyne Business	0.2			—			0.2
Proceeds from sale of technology	7.5			—			7.5
Capital expenditures	(43.4		)	—			(43.4		)
Net Cash Used in Investing Activities	(35.7		)	—			(35.7		)
Financing Activities
Proceeds from issuance of debt	189.0			—			189.0
Debt issuance costs	(4.2		)	—			(4.2		)
Debt repayments/repurchases	(166.3		)	—			(166.3		)
Proceeds from shares issued under equity plans, net	0.2			—			0.2
Repurchase of shares to satisfy tax withholding obligations	(2.1		)	—			(2.1		)
Purchase of treasury stock	(64.5		)	—			(64.5		)
Tax benefit on stock-based awards	1.5			(0.2		)	1.3
Net Cash Used in Financing Activities	(46.4		)	(0.2		)	(46.6		)
Net Increase in Cash and Cash Equivalents	68.3			—			68.3
Cash and Cash Equivalents at Beginning of Period	197.6			—			197.6
Cash and Cash Equivalents at End of Period	$	265.9		$	—		$	265.9



	Year Ended 2013
	As Reported			Adjustments			As Restated
	(In millions)
Operating Activities
Net income	$	167.9		$	(5.0	)	$	162.9
Adjustments to reconcile net income to net cash provided by operating activities:
Income from discontinued operations, net of income taxes	(0.2		)	—			(0.2		)
Depreciation and amortization	43.8			(0.3		)	43.5
Amortization of financing costs	4.5			—			4.5
Stock-based compensation	14.1			—			14.1
Retirement benefit expense	65.0			—			65.0
Loss on debt repurchased	5.0			—			5.0
Tax benefit on stock-based awards	—			(0.2		)	(0.2		)
Changes in assets and liabilities, net of effects from acquisition:
Accounts receivable	(37.6		)	13.6			(24.0		)
Inventories	(25.5		)	(0.9		)	(26.4		)
Other current assets, net	0.1			(4.5		)	(4.4		)
Income tax receivable	(12.6		)	0.8			(11.8		)
Real estate held for entitlement and leasing	(4.4		)	—			(4.4		)
Receivable from Northrop	(2.7		)	6.0			3.3
Recoverable from the U.S. government and other third parties for environmental remediation costs	21.1			(6.0		)	15.1
Other noncurrent assets	(7.8		)	5.8			(2.0		)
Accounts payable	50.1			(0.4		)	49.7
Retirement benefits	(5.4		)	—			(5.4		)
Advance payments on contracts	(43.9		)	(3.9		)	(47.8		)
Other current liabilities	56.8			1.0			57.8
Deferred income taxes	(191.3		)	(8.2		)	(199.5		)
Reserves for environmental remediation costs	(18.2		)	—			(18.2		)
Other noncurrent liabilities and other	(1.1		)	2.0			0.9
Net cash provided by continuing operations	77.7			(0.2		)	77.5
Net cash used in discontinued operations	(0.1		)	—			(0.1		)
Net Cash Provided by Operating Activities	77.6			(0.2		)	77.4
Investing Activities
Purchases of restricted cash investments	(470.0		)	—			(470.0		)
Sale of restricted cash investments	470.0			—			470.0
Purchase of Rocketdyne Business	(411.2		)	—			(411.2		)
Purchases of investments	(0.5		)	—			(0.5		)
Capital expenditures	(63.2		)	—			(63.2		)
Net Cash Used in Investing Activities	(474.9		)	—			(474.9		)
Financing Activities
Proceeds from issuance of debt	460.0			—			460.0
Debt issuance costs	(14.9		)	—			(14.9		)
Debt repayments/repurchases	(12.8		)	—			(12.8		)
Proceeds from shares issued under equity plans, net	0.7			—			0.7
Repurchase of shares to satisfy tax withholding obligations	(0.2		)	—			(0.2		)
Tax benefit on stock-based awards	—			0.2			0.2
Net Cash Provided by Financing Activities	432.8			0.2			433.0
Net Increase in Cash and Cash Equivalents	35.5			—			35.5
Cash and Cash Equivalents at Beginning of Period	162.1			—			162.1
Cash and Cash Equivalents at End of Period	$	197.6		$	—		$	197.6

The following tables present the unaudited condensed consolidated quarterly financial data for the first three quarters in the years ended November 30, 2015 and 2014:

Unaudited Condensed Consolidated Balance Sheets



	August 31, 2015									May 31, 2015
	As Reported			Adjustments			As Restated			As Reported			Adjustments			As Restated
	(In millions)									(In millions)
ASSETS
Current Assets
Cash and cash equivalents	$	243.3		$	—		$	243.3		$	253.5		$	—		$	253.5
Accounts receivable	186.7			2.6			189.3			173.7			1.9			175.6
Inventories	148.7			(0.8		)	147.9			150.3			(0.2		)	150.1
Recoverable from the U.S. government and other third parties for environmental remediation costs	23.2			—			23.2			23.7			—			23.7
Receivable from Northrop	6.0			—			6.0			6.0			—			6.0
Other current assets, net	60.0			3.3			63.3			45.4			3.6			49.0
Deferred income taxes	19.4			(5.4		)	14.0			24.8			(5.5		)	19.3
Total Current Assets	687.3			(0.3		)	687.0			677.4			(0.2		)	677.2
Noncurrent Assets
Property, plant and equipment, net	351.8			—			351.8			356.3			—			356.3
Real estate held for entitlement and leasing	84.2			—			84.2			82.9			—			82.9
Recoverable from the U.S. government and other third parties for environmental remediation costs	123.2			—			123.2			76.8			—			76.8
Receivable from Northrop	70.0			—			70.0			69.7			—			69.7
Deferred income taxes	253.6			1.0			254.6			245.3			2.0			247.3
Goodwill	164.4			(6.3		)	158.1			164.4			(6.3		)	158.1
Intangible assets	112.1			—			112.1			115.5			—			115.5
Other noncurrent assets, net	110.8			5.8			116.6			109.8			5.7			115.5
Total Noncurrent Assets	1,270.1			0.5			1,270.6			1,220.7			1.4			1,222.1
Total Assets	$	1,957.4		$	0.2		$	1,957.6		$	1,898.1		$	1.2		$	1,899.3
LIABILITIES, REDEEMABLE COMMON STOCK, AND STOCKHOLDERS’ DEFICIT
Current Liabilities
Short-term borrowings and current portion of long-term debt	$	5.3		$	—		$	5.3		$	5.3		$	—		$	5.3
Accounts payable	88.7			—			88.7			87.6			0.5			88.1
Reserves for environmental remediation costs	37.6			—			37.6			38.7			—			38.7
Postretirement medical and life insurance benefits	6.4			—			6.4			6.4			—			6.4
Advance payments on contracts	211.7			—			211.7			197.3			—			197.3
Other current liabilities	241.3			2.4			243.7			198.5			2.4			200.9
Total Current Liabilities	591.0			2.4			593.4			533.8			2.9			536.7
Noncurrent Liabilities
Senior debt	90.0			—			90.0			91.3			—			91.3
Second-priority senior notes	460.0			—			460.0			460.0			—			460.0
Convertible subordinated notes	84.8			—			84.8			98.0			—			98.0
Other debt	21.1			—			21.1			63.3			—			63.3
Reserves for environmental remediation costs	198.5			—			198.5			122.8			—			122.8
Pension benefits	471.7			0.2			471.9			475.4			0.1			475.5
Postretirement medical and life insurance benefits	49.4			—			49.4			50.1			—			50.1
Other noncurrent liabilities	98.1			(0.3		)	97.8			99.0			0.7			99.7
Total Noncurrent Liabilities	1,473.6			(0.1		)	1,473.5			1,459.9			0.8			1,460.7
Total Liabilities	2,064.6			2.3			2,066.9			1,993.7			3.7			1,997.4
Redeemable common stock	0.1			—			0.1			0.1			—			0.1
Stockholders’ Deficit
Common stock	6.4			—			6.4			6.3			—			6.3
Other capital	339.6			0.9			340.5			324.8			1.0			325.8
Treasury stock	(64.5		)	—			(64.5		)	(64.5		)	—			(64.5		)
Accumulated deficit	(90.6		)	(3.9		)	(94.5		)	(52.5		)	(4.1		)	(56.6		)
Accumulated other comprehensive loss, net of income taxes	(298.2		)	0.9			(297.3		)	(309.8		)	0.6			(309.2		)
Total Stockholders’ Deficit	(107.3		)	(2.1		)	(109.4		)	(95.7		)	(2.5		)	(98.2		)
Total Liabilities, Redeemable Common Stock and Stockholders’ Deficit	$	1,957.4		$	0.2		$	1,957.6		$	1,898.1		$	1.2		$	1,899.3



	February 28, 2015									August 31, 2014
Unaudited	As Reported			Adjustments			As Restated			As Reported			Adjustments (1)			As Restated
	(In millions)									(In millions)
ASSETS
Current Assets
Cash and cash equivalents	$	215.7		$	—		$	215.7		$	154.9		$	—		$	154.9
Accounts receivable	206.1			(16.1		)	190.0			214.7			(14.2		)	200.5
Inventories	161.4			0.1			161.5			132.3			(0.5		)	131.8
Recoverable from the U.S. government and other third parties for environmental remediation costs	23.5			—			23.5			20.1			—			20.1
Receivable from Northrop	6.0			—			6.0			6.0			—			6.0
Other current assets, net	42.5			1.2			43.7			26.7			3.4			30.1
Income taxes	1.9			0.4			2.3			13.4			0.3			13.7
Deferred income taxes	22.5			(3.8		)	18.7			4.0			6.7			10.7
Total Current Assets	679.6			(18.2		)	661.4			572.1			(4.3		)	567.8
Noncurrent Assets
Property, plant and equipment, net	358.8			(1.6		)	357.2			370.6			(1.3		)	369.3
Real estate held for entitlement and leasing	81.5			—			81.5			87.3			—			87.3
Recoverable from the U.S. government and other third parties for environmental remediation costs	79.3			—			79.3			83.6			6.0			89.6
Receivable from Northrop	69.4			—			69.4			74.0			(6.0		)	68.0
Deferred income taxes	254.5			1.5			256.0			180.0			2.5			182.5
Goodwill	164.4			(6.3		)	158.1			164.4			(6.3		)	158.1
Intangible assets	118.8			—			118.8			125.6			—			125.6
Assets held for sale	14.2			—			14.2			—			—			—
Other noncurrent assets, net	91.2			8.6			99.8			92.1			2.0			94.1
Total Noncurrent Assets	1,232.1			2.2			1,234.3			1,177.6			(3.1		)	1,174.5
Total Assets	$	1,911.7		$	(16.0	)	$	1,895.7		$	1,749.7		$	(7.4	)	$	1,742.3
LIABILITIES, REDEEMABLE COMMON STOCK, AND STOCKHOLDERS’ DEFICIT
Current Liabilities
Short-term borrowings and current portion of long-term debt	$	5.3		$	—		$	5.3		$	5.5		$	—		$	5.5
Accounts payable	84.5			0.5			85.0			115.4			—			115.4
Reserves for environmental remediation costs	38.3			—			38.3			35.0			—			35.0
Postretirement medical and life insurance benefits	6.4			—			6.4			7.2			—			7.2
Advance payments on contracts	224.0			(17.0		)	207.0			122.4			(6.4		)	116.0
Other current liabilities	211.3			2.2			213.5			216.4			1.7			218.1
Total Current Liabilities	569.8			(14.3		)	555.5			501.9			(4.7		)	497.2
Noncurrent Liabilities
Senior debt	92.5			—			92.5			95.0			—			95.0
Second-priority senior notes	460.0			—			460.0			460.0			—			460.0
Convertible subordinated notes	99.4			—			99.4			133.6			—			133.6
Other debt	81.3			—			81.3			89.4			—			89.4
Reserves for environmental remediation costs	124.3			—			124.3			133.6			—			133.6
Pension benefits	479.1			—			479.1			248.3			9.4			257.7
Postretirement medical and life insurance benefits	50.6			—			50.6			57.1			—			57.1
Other noncurrent liabilities	81.1			0.7			81.8			79.3			—			79.3
Total Noncurrent Liabilities	1,468.3			0.7			1,469.0			1,296.3			9.4			1,305.7
Total Liabilities	2,038.1			(13.6		)	2,024.5			1,798.2			4.7			1,802.9
Redeemable common stock	0.1			—			0.1			0.2			—			0.2
Stockholders’ Deficit
Common stock	6.3			—			6.3			5.9			—			5.9
Other capital	324.6			—			324.6			285.4			—			285.4
Treasury stock	(64.5		)	—			(64.5		)	(64.5		)	—			(64.5		)
Accumulated deficit	(70.9		)	(3.0		)	(73.9		)	(75.8		)	(6.7		)	(82.5		)
Accumulated other comprehensive loss, net of income taxes	(322.0		)	0.6			(321.4		)	(199.7		)	(5.4		)	(205.1		)
Total Stockholders’ Deficit	(126.5		)	(2.4		)	(128.9		)	(48.7		)	(12.1		)	(60.8		)
Total Liabilities, Redeemable Common Stock and Stockholders’ Deficit	$	1,911.7		$	(16.0	)	$	1,895.7		$	1,749.7		$	(7.4	)	$	1,742.3

_______

(1) Includes adjustments related to the previously reported errors that were revised in the Company's fiscal 2014 Form 10-K and the additional adjustments related to the restatement.



	May 31, 2014									February 28, 2014
Unaudited	As Reported			Adjustments (1)			As Restated			As Reported			Adjustments (1)			As Restated
	(In millions)									(In millions)
ASSETS
Current Assets
Cash and cash equivalents	$	120.7		$	—		$	120.7		$	144.1		$	—		$	144.1
Accounts receivable	191.7			(14.4		)	177.3			199.2			(13.1		)	186.1
Inventories	131.9			(0.2		)	131.7			139.2			(3.0		)	136.2
Recoverable from the U.S. government and other third parties for environmental remediation costs	21.0			—			21.0			22.4			—			22.4
Receivable from Northrop	6.0			—			6.0			6.0			—			6.0
Other current assets, net	19.6			4.9			24.5			22.5			6.1			28.6
Income taxes	10.7			1.1			11.8			5.8			6.0			11.8
Deferred income taxes	16.2			2.4			18.6			18.6			0.6			19.2
Total Current Assets	517.8			(6.2		)	511.6			557.8			(3.4		)	554.4
Noncurrent Assets
Property, plant and equipment, net	370.6			(1.0		)	369.6			372.7			(0.3		)	372.4
Real estate held for entitlement and leasing	83.2			—			83.2			81.2			—			81.2
Recoverable from the U.S. government and other third parties for environmental remediation costs	81.5			6.0			87.5			86.5			6.0			92.5
Receivable from Northrop	73.2			(6.0		)	67.2			72.3			(6.0		)	66.3
Deferred income taxes	170.2			10.0			180.2			175.9			9.7			185.6
Goodwill	164.4			(6.3		)	158.1			159.4			(6.3		)	153.1
Intangible assets	128.9			—			128.9			132.3			—			132.3
Other noncurrent assets, net	85.8			1.1			86.9			76.5			3.5			80.0
Total Noncurrent Assets	1,157.8			3.8			1,161.6			1,156.8			6.6			1,163.4
Total Assets	$	1,675.6		$	(2.4	)	$	1,673.2		$	1,714.6		$	3.2		$	1,717.8
LIABILITIES, REDEEMABLE COMMON STOCK, AND STOCKHOLDERS’ (DEFICIT) EQUITY
Current Liabilities
Short-term borrowings and current portion of long-term debt	$	4.2		$	—		$	4.2		$	3.0		$	—		$	3.0
Accounts payable	94.5			(0.1		)	94.4			98.0			(0.9		)	97.1
Reserves for environmental remediation costs	36.0			—			36.0			38.0			—			38.0
Postretirement medical and life insurance benefits	7.2			—			7.2			7.2			—			7.2
Advance payments on contracts	110.5			(7.1		)	103.4			95.2			(1.0		)	94.2
Other current liabilities	178.7			5.0			183.7			212.1			5.6			217.7
Total Current Liabilities	431.1			(2.2		)	428.9			453.5			3.7			457.2
Noncurrent Liabilities
Senior debt	96.3			—			96.3			41.9			—			41.9
Second-priority senior notes	460.0			—			460.0			460.0			—			460.0
Convertible subordinated notes	143.0			—			143.0			188.7			—			188.7
Other debt	79.5			—			79.5			0.5			—			0.5
Reserves for environmental remediation costs	127.7			—			127.7			132.4			—			132.4
Pension benefits	252.7			9.4			262.1			257.2			9.3			266.5
Postretirement medical and life insurance benefits	57.5			—			57.5			58.5			—			58.5
Other noncurrent liabilities	76.8			1.5			78.3			74.1			2.4			76.5
Total Noncurrent Liabilities	1,293.5			10.9			1,304.4			1,213.3			11.7			1,225.0
Total Liabilities	1,724.6			8.7			1,733.3			1,666.8			15.4			1,682.2
Redeemable common stock	0.1			—			0.1			0.1			—			0.1
Stockholders’ (Deficit) Equity
Common stock	5.9			—			5.9			5.9			—			5.9
Other capital	283.0			0.2			283.2			281.4			0.2			281.6
Treasury stock	(64.5		)	—			(64.5		)	(8.6		)	—			(8.6		)
Accumulated deficit	(66.3		)	(5.7		)	(72.0		)	(16.1		)	(6.7		)	(22.8		)
Accumulated other comprehensive loss	(207.2		)	(5.6		)	(212.8		)	(214.9		)	(5.7		)	(220.6		)
Total Stockholders’ (Deficit) Equity	(49.1		)	(11.1		)	(60.2		)	47.7			(12.2		)	35.5
Total Liabilities, Redeemable Common Stock and Stockholders’ (Deficit) Equity	$	1,675.6		$	(2.4	)	$	1,673.2		$	1,714.6		$	3.2		$	1,717.8

_______

(1) Includes adjustments related to the previously reported errors that were revised in the Company's fiscal 2014 Form 10-K and the additional adjustments related to the restatement.

Unaudited Condensed Consolidated Statements of Operations

and Comprehensive (Loss) Income



	Three Months Ended August 31, 2015									Nine Months Ended August 31, 2015
	As Reported			Adjustments			As Restated			As Reported			Adjustments			As Restated
	(In millions, except per share amounts)									(In millions, except per share amounts)
Net sales	$	440.5		$	0.5		$	441.0		$	1,216.0		$	5.8		$	1,221.8
Operating costs and expenses:
Cost of sales (exclusive of items shown separately below)	373.3			(0.2		)	373.1			1,026.4			4.8			1,031.2
AR1 research and development (see Note 1)	8.3			—			8.3			10.5			—			10.5
Selling, general and administrative	11.5			—			11.5			39.6			1.1			40.7
Depreciation and amortization	16.1			—			16.1			48.2			0.3			48.5
Other expense, net:
Loss on debt repurchased	1.1			—			1.1			1.8			—			1.8
Legal settlement	50.0			—			50.0			50.0			—			50.0
Other	29.3			—			29.3			33.1			—			33.1
Total operating costs and expenses	489.6			(0.2		)	489.4			1,209.6			6.2			1,215.8
Operating (loss) income	(49.1		)	0.7			(48.4		)	6.4			(0.4		)	6.0
Non-operating (income) expense:
Interest income	(0.1		)	—			(0.1		)	(0.2		)	—			(0.2		)
Interest expense	11.9			—			11.9			38.5			—			38.5
Total non-operating expense, net	11.8			—			11.8			38.3			—			38.3
Loss from continuing operations before income taxes	(60.9		)	0.7			(60.2		)	(31.9		)	(0.4		)	(32.3		)
Income tax benefit	(22.2		)	0.5			(21.7		)	(7.5		)	(0.1		)	(7.6		)
Loss from continuing operations	(38.7		)	0.2			(38.5		)	(24.4		)	(0.3		)	(24.7		)
Income from discontinued operations, net of income taxes	0.6			—			0.6			0.8			—			0.8
Net loss	$	(38.1	)	$	0.2		$	(37.9	)	$	(23.6	)	$	(0.3	)	$	(23.9	)
Loss per share of common stock
Basic and diluted:
Loss per share from continuing operations	$	(0.63	)	$	0.01		$	(0.62	)	$	(0.40	)	$	—		$	(0.40	)
Income per share from discontinued operations, net of income taxes	0.01			—			0.01			0.01			—			0.01
Net loss per share	$	(0.62	)	$	0.01		$	(0.61	)	$	(0.39	)	$	—		$	(0.39	)
Weighted average shares of common stock outstanding, basic and diluted	61.8			—			61.8			60.5			—			60.5



	Three Months Ended August 31, 2015								Nine Months Ended August 31, 2015
	As Reported			Adjustments		As Restated			As Reported			Adjustments			As Restated
	(In millions)								(In millions)
Net loss	$	(38.1	)	$	0.2	$	(37.9	)	$	(23.6	)	$	(0.3	)	$	(23.9	)
Other comprehensive income:
Amortization of actuarial losses and prior service credits, net of income taxes	11.6			0.2		11.8			36.0			0.2			36.2
Comprehensive (loss) income	$	(26.5	)	$	0.4	$	(26.1	)	$	12.4		$	(0.1	)	$	12.3



	Three Months Ended May 31, 2015							Six Months Ended May 31, 2015
Unaudited	As Reported		Adjustments			As Restated		As Reported			Adjustments			As Restated
	(In millions, except per share amounts)							(In millions, except per share amounts)
Net sales	$	456.9	$	0.9		$	457.8	$	775.5		$	5.3		$	780.8
Operating costs and expenses:
Cost of sales (exclusive of items shown separately below)	370.3		2.4			372.7		653.1			5.0			658.1
AR1 research and development (see Note 1)	2.2		—			2.2		2.2			—			2.2
Selling, general and administrative	12.6		1.0			13.6		28.1			1.1			29.2
Depreciation and amortization	16.1		—			16.1		32.1			0.3			32.4
Other expense, net:
Loss on debt repurchased	0.5		—			0.5		0.7			—			0.7
Other	2.3		—			2.3		3.8			—			3.8
Total operating costs and expenses	404.0		3.4			407.4		720.0			6.4			726.4
Operating income	52.9		(2.5		)	50.4		55.5			(1.1		)	54.4
Non-operating (income) expense:
Interest income	—		—			—		(0.1		)	—			(0.1		)
Interest expense	13.2		—			13.2		26.6			—			26.6
Total non-operating expense, net	13.2		—			13.2		26.5			—			26.5
Income from continuing operations before income taxes	39.7		(2.5		)	37.2		29.0			(1.1		)	27.9
Income tax provision	21.3		(1.4		)	19.9		14.7			(0.6		)	14.1
Income from continuing operations	18.4		(1.1		)	17.3		14.3			(0.5		)	13.8
Income from discontinued operations, net of income taxes	—		—			—		0.2			—			0.2
Net income	$	18.4	$	(1.1	)	$	17.3	$	14.5		$	(0.5	)	$	14.0
Income per share of common stock
Basic:
Income per share from continuing operations	$	0.29	$	(0.01	)	$	0.28	$	0.23		$	—		$	0.23
Income per share from discontinued operations, net of income taxes	—		—			—		—			—			—
Net income per share	$	0.29	$	(0.01	)	$	0.28	$	0.23		$	—		$	0.23
Diluted:
Income per share from continuing operations	$	0.26	$	(0.01	)	$	0.25	$	0.22		$	—		$	0.22
Income per share from discontinued operations, net of income taxes	—		—			—		—			—			—
Net income per share	$	0.26	$	(0.01	)	$	0.25	$	0.22		$	—		$	0.22
Weighted average shares of common stock outstanding, basic	61.2		—			61.2		59.9			—			59.9
Weighted average shares of common stock outstanding, diluted	72.3		—			72.3		72.2			—			72.2



	Three Months Ended May 31, 2015							Six Months Ended May 31, 2015
Unaudited	As Reported		Adjustments			As Restated		As Reported		Adjustments			As Restated
	(In millions)							(In millions)
Net income	$	18.4	$	(1.1	)	$	17.3	$	14.5	$	(0.5	)	$	14.0
Other comprehensive income:
Amortization of actuarial losses and prior service credits, net of income taxes	12.2		0.1			12.3		24.4		—			24.4
Comprehensive income	$	30.6	$	(1.0	)	$	29.6	$	38.9	$	(0.5	)	$	38.4



	Three Months Ended February 28, 2015								Three Months Ended November 30, 2014
Unaudited	As Reported			Adjustments		As Restated			As Reported			Adjustments		As Restated
	(In millions, except per share amounts)								(In millions, except per share amounts)
Net sales	$	318.6		$	4.4	$	323.0		$	439.6		$	4.0	$	443.6
Operating costs and expenses:
Cost of sales (exclusive of items shown separately below)	282.8			2.6		285.4			373.7			0.2		373.9
Selling, general and administrative	15.5			0.1		15.6			9.8			0.1		9.9
Depreciation and amortization	16.0			0.3		16.3			17.3			—		17.3
Other expense, net:														—
Loss on debt repurchased	0.2			—		0.2			—			—		—
Other	1.5			—		1.5			2.3			—		2.3
Total operating costs and expenses	316.0			3.0		319.0			403.1			0.3		403.4
Operating income	2.6			1.4		4.0			36.5			3.7		40.2
Interest income	(0.1		)	—		(0.1		)	(0.1		)	—		(0.1		)
Interest expense	13.4			—		13.4			13.7			—		13.7
Total non-operating expense, net	13.3			—		13.3			13.6			—		13.6
(Loss) income from continuing operations before income taxes	(10.7		)	1.4		(9.3		)	22.9			3.7		26.6
Income tax (benefit) provision	(6.6		)	0.8		(5.8		)	12.7			1.9		14.6
(Loss) income from continuing operations	(4.1		)	0.6		(3.5		)	10.2			1.8		12.0
Income (loss) from discontinued operations, net of income taxes	0.2			—		0.2			(0.1		)	—		(0.1		)
Net (loss) income	$	(3.9	)	$	0.6	$	(3.3	)	$	10.1		1.8		$	11.9
(Loss) Income per share of common stock
Basic:
(Loss) income per share from continuing operations	$	(0.07	)	$	0.01	$	(0.06	)	$	0.17		$	0.03	$	0.20
Income (loss) per share from discontinued operations, net of income taxes	—			—		—			—			—		—
Net (loss) income per share	$	(0.07	)	$	0.01	$	(0.06	)	$	0.17		$	0.03	$	0.20
Diluted:
(Loss) income per share from continuing operations	$	(0.07	)	$	0.01	$	(0.06	)	0.15			0.03		0.18
Income (loss) per share from discontinued operations, net of income taxes	—			—		—			—			—		—
Net (loss) income per share	$	(0.07	)	$	0.01	$	(0.06	)	0.15			0.03		0.18
Weighted average shares of common stock outstanding, basic	58.9			—		58.9			56.9			—		56.9
Weighted average shares of common stock outstanding, diluted	58.9			—		58.9			72.0			—		72.0



	Three Months Ended February 28, 2015									Three Months Ended November 30, 2014
Unaudited	As Reported			Adjustments			As Restated			As Reported			Adjustments			As Restated
	(In millions)									(In millions)
Net (loss) income	$	(3.9	)	$	0.6		$	(3.3	)	$	10.1		1.8			$	11.9
Other comprehensive income:
Actuarial losses arising during the period, net of income taxes	—			—			—			(142.0		)	6.0			(136.0		)
Amortization of actuarial losses and prior service credits, net of income taxes	12.2			(0.1		)	12.1			7.5			(0.1		)	7.4
Comprehensive income	$	8.3		$	0.5		$	8.8		$	(124.4	)	$	7.7		$	(116.7	)



	Three Months Ended August 31, 2014									Nine Months Ended August 31, 2014
Unaudited	As Reported			Adjustments			As Restated			As Reported			Adjustments			As Restated
	(In millions, except per share amounts)									(In millions, except per share amounts)
Net sales	$	421.2		$	(0.8	)	$	420.4		$	1,157.8		$	0.8		$	1,158.6
Operating costs and expenses:
Cost of sales (exclusive of items shown separately below)	376.5			(0.7		)	375.8			1,034.4			(2.1		)	1,032.3
Selling, general and administrative	9.7			0.1			9.8			28.1			0.2			28.3
Depreciation and amortization	15.8			(0.1		)	15.7			46.4			—			46.4
Other expense, net:
Loss on debt repurchased	9.8			—			9.8			60.6			—			60.6
Other	6.5			—			6.5			11.6			—			11.6
Total operating costs and expenses	418.3			(0.7		)	417.6			1,181.1			(1.9		)	1,179.2
Operating income (loss)	2.9			(0.1		)	2.8			(23.3		)	2.7			(20.6		)
Non-operating (income) expense:
Interest income	—			—			—			—			—			—
Interest expense	14.0			—			14.0			39.0			—			39.0
Total non-operating expense, net	14.0			—			14.0			39.0			—			39.0
Loss from continuing operations before income taxes	(11.1		)	(0.1		)	(11.2		)	(62.3		)	2.7			(59.6		)
Income tax (benefit) provision	(1.0		)	0.5			(0.5		)	0.2			1.5			1.7
Loss from continuing operations	(10.1		)	(0.6		)	(10.7		)	(62.5		)	1.2			(61.3		)
Income (loss) from discontinued operations, net of income taxes	0.2			—			0.2			(0.6		)	—			(0.6		)
Net loss	$	(9.9	)	$	(0.6	)	$	(10.5	)	$	(63.1	)	$	1.2		$	(61.9	)
Loss per share of common stock
Basic and diluted:
Loss per share from continuing operations	$	(0.18	)	$	(0.01	)	$	(0.19	)	$	(1.07	)	$	0.02		$	(1.05	)
Loss per share from discontinued operations, net of income taxes	—			—			—			(0.01		)	—			(0.01		)
Net loss per share	$	(0.18	)	$	(0.01	)	$	(0.19	)	$	(1.08	)	$	0.02		$	(1.06	)
Weighted average shares of common stock outstanding, basic and diluted	56.9			—			56.9			58.2			—			58.2



	Three Months Ended August 31, 2014									Nine Months Ended August 31, 2014
Unaudited	As Reported			Adjustments			As Restated			As Reported			Adjustments		As Restated
	(In millions)									(In millions)
Net loss	$	(9.9	)	$	(0.6	)	$	(10.5	)	$	(63.1	)	$	1.2	$	(61.9	)
Other comprehensive income:
Amortization of actuarial losses and prior service credits, net of income taxes	7.5			0.2			7.7			22.7			0.5		23.2
Comprehensive loss	$	(2.4	)	$	(0.4	)	$	(2.8	)	$	(40.4	)	$	1.7	$	(38.7	)



	Three Months Ended May 31, 2014									Six Months Ended May 31, 2014
Unaudited	As Reported			Adjustments			As Restated			As Reported			Adjustments			As Restated
	(In millions, except per share amounts)									(In millions, except per share amounts)
Net sales	$	404.5		$	2.1		$	406.6		$	736.6		$	1.6		$	738.2
Operating costs and expenses:
Cost of sales (exclusive of items shown separately below)	369.4			(0.4		)	369.0			657.9			(1.4		)	656.5
Selling, general and administrative	9.2			(0.3		)	8.9			18.4			0.1			18.5
Depreciation and amortization	15.7			0.1			15.8			30.6			0.1			30.7
Other expense, net:
Loss on debt repurchased	45.9			—			45.9			50.8			—			50.8
Other	2.4			0.2			2.6			5.1			—			5.1
Total operating costs and expenses	442.6			(0.4		)	442.2			762.8			(1.2		)	761.6
Operating loss	(38.1		)	2.5			(35.6		)	(26.2		)	2.8			(23.4		)
Non-operating (income) expense:
Interest income	—			—			—			—			—			—
Interest expense	12.6			—			12.6			25.0			—			25.0
Total non-operating expense, net	12.6			—			12.6			25.0			—			25.0
Loss from continuing operations before income taxes	(50.7		)	2.5			(48.2		)	(51.2		)	2.8			(48.4		)
Income tax (benefit) provision	(0.6		)	0.8			0.2			1.2			1.0			2.2
Loss from continuing operations	(50.1		)	1.7			(48.4		)	(52.4		)	1.8			(50.6		)
Loss from discontinued operations, net of income taxes	(0.8		)	—			(0.8		)	(0.8		)	—			(0.8		)
Net loss	$	(50.9	)	$	1.7		$	(49.2	)	$	(53.2	)	$	1.8		$	(51.4	)
Loss per share of common stock
Basic and diluted:
Loss per share from continuing operations	$	(0.87	)	$	0.03		$	(0.84	)	$	(0.90	)	$	0.04		$	(0.86	)
Loss per share from discontinued operations, net of income taxes	(0.01		)	—			(0.01		)	(0.01		)	—			(0.01		)
Net loss per share	$	(0.88	)	$	0.03		$	(0.85	)	$	(0.91	)	$	0.04		$	(0.87	)
Weighted average shares of common stock outstanding, basic and diluted	57.9			—			57.9			58.7			—			58.7



	Three Months Ended May 31, 2014								Six Months Ended May 31, 2014
Unaudited	As Reported			Adjustments		As Restated			As Reported			Adjustments		As Restated
	(In millions)								(In millions)
Net loss	$	(50.9	)	$	1.7	$	(49.2	)	$	(53.2	)	$	1.8	$	(51.4	)
Other comprehensive income:
Amortization of actuarial losses and prior service credits, net of income taxes	7.7			0.1		7.8			15.2			0.3		15.5
Comprehensive loss	$	(43.2	)	$	1.8	$	(41.4	)	$	(38.0	)	$	2.1	$	(35.9	)



	Three Months Ended February 28, 2014
Unaudited	As Reported			Adjustments			As Restated
	(In millions, except per share amounts)
Net sales	$	332.1		$	(0.5	)	$	331.6
Operating costs and expenses:
Cost of sales (exclusive of items shown separately below)	288.5			(1.0		)	287.5
Selling, general and administrative	9.2			0.4			9.6
Depreciation and amortization	14.9			—			14.9
Other expense, net:
Loss on debt repurchased	4.9			—			4.9
Other	2.7			(0.2		)	2.5
Total operating costs and expenses	320.2			(0.8		)	319.4
Operating income	11.9			0.3			12.2
Non-operating (income) expense:
Interest income	—			—			—
Interest expense	12.4			—			12.4
Total non-operating expense, net	12.4			—			12.4
Loss from continuing operations before income taxes	(0.5		)	0.3			(0.2		)
Income tax provision	1.8			0.2			2.0
Loss from continuing operations	(2.3		)	0.1			(2.2		)
Income from discontinued operations, net of income taxes	—			—			—
Net loss	$	(2.3	)	$	0.1		$	(2.2	)
Loss per share of common stock
Basic and diluted:
Loss per share from continuing operations	$	(0.04	)	$	—		$	(0.04	)
Loss per share from discontinued operations, net of income taxes	—			—			—
Net loss per share	$	(0.04	)	$	—		$	(0.04	)
Weighted average shares of common stock outstanding, basic and diluted	59.9			—			59.9



	Three Months Ended February 28, 2014
Unaudited	As Reported			Adjustments		As Restated
	(In millions)
Net loss	$	(2.3	)	$	0.1	$	(2.2	)
Other comprehensive income:
Amortization of actuarial losses and prior service credits, net of income taxes	7.5			0.2		7.7
Comprehensive income	$	5.2		$	0.3	$	5.5

Unaudited Condensed Consolidated Statements of Cash Flows



	Nine Months Ended August 31, 2015									Six Months Ended May 31, 2015
	As Reported			Adjustments			As Restated			As Reported			Adjustments			As Restated
	(In millions)									(In millions)
Operating Activities
Net (loss) income	$	(23.6	)	$	(0.3	)	$	(23.9	)	$	14.5		$	(0.5	)	$	14.0
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Income from discontinued operations, net of income taxes	(0.8		)	—			(0.8		)	(0.2		)	—			(0.2		)
Depreciation and amortization	48.2			0.3			48.5			32.1			0.3			32.4
Amortization of financing costs	2.0			—			2.0			1.4			—			1.4
Stock-based compensation	9.6			0.8			10.4			7.3			1.0			8.3
Retirement benefit expense	50.0			0.6			50.6			33.4			0.4			33.8
Loss on debt repurchased	1.8			—			1.8			0.7			—			0.7
Loss on disposal of long-lived assets	0.2			—			0.2			0.2			—			0.2
Tax benefit on stock-based awards	(2.0		)	—			(2.0		)	(1.5		)	—			(1.5		)
Changes in assets and liabilities, net of effects from acquisition:
Accounts receivable	(13.8		)	(5.0		)	(18.8		)	(0.8		)	(4.3		)	(5.1		)
Inventories	(9.7		)	(0.2		)	(9.9		)	(11.3		)	(0.8		)	(12.1		)
Other current assets, net	(19.4		)	(0.7		)	(20.1		)	(7.5		)	(0.9		)	(8.4		)
Real estate held for entitlement and leasing	(5.1		)	—			(5.1		)	(4.0		)	—			(4.0		)
Receivable from Northrop	4.8			(6.0		)	(1.2		)	5.1			(6.0		)	(0.9		)
Recoverable from the U.S. government and other third parties for environmental remediation costs	(45.8		)	6.0			(39.8		)	0.1			6.0			6.1
Other noncurrent assets	(11.2		)	0.4			(10.8		)	(9.0		)	0.3			(8.7		)
Accounts payable	(14.8		)	(0.5		)	(15.3		)	(15.9		)	—			(15.9		)
Retirement benefits	(3.7		)	—			(3.7		)	(2.6		)	—			(2.6		)
Advance payments on contracts	13.2			1.1			14.3			(1.2		)	1.1			(0.1		)
Other current liabilities	15.7			3.8			19.5			(25.6		)	3.6			(22.0		)
Deferred income taxes	(11.8		)	1.1			(10.7		)	(0.9		)	0.3			(0.6		)
Reserves for environmental remediation costs	70.1			—			70.1			(4.5		)	—			(4.5		)
Other noncurrent liabilities and other	16.6			(1.4		)	15.2			18.6			(0.5		)	18.1
Net Cash Provided by Operating Activities	70.5			—			70.5			28.4			—			28.4
Investing Activities
Capital expenditures	(17.9		)	—			(17.9		)	(9.4		)	—			(9.4		)
Net Cash Used in Investing Activities	(17.9		)	—			(17.9		)	(9.4		)	—			(9.4		)
Financing Activities
Debt repayments/repurchases	(72.0		)	—			(72.0		)	(28.5		)	—			(28.5		)
Proceeds from shares issued under equity plans, net	1.3			—			1.3			—			—			—
Repurchase of shares to satisfy tax withholding obligations	(6.5		)	—			(6.5		)	(4.4		)	—			(4.4		)
Tax benefit on stock-based awards	2.0			—			2.0			1.5			—			1.5
Net Cash Used in Financing Activities	(75.2		)	—			(75.2		)	(31.4		)	—			(31.4		)
Net Decrease in Cash and Cash Equivalents	(22.6		)	—			(22.6		)	(12.4		)	—			(12.4		)
Cash and Cash Equivalents at Beginning of Period	265.9			—			265.9			265.9			—			265.9
Cash and Cash Equivalents at End of Period	$	243.3		$	—		$	243.3		$	253.5		$	—		$	253.5



	Three Months Ended February 28, 2015									Nine Months Ended August 31, 2014
Unaudited	As Reported			Adjustments			As Restated			As Reported			Adjustments			As Restated
	(In millions)									(In millions)
Operating Activities
Net loss	$	(3.9	)	$	0.6		$	(3.3	)	$	(63.1	)	$	1.2		$	(61.9	)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:
(Income) loss from discontinued operations, net of income taxes	(0.2		)	—			(0.2		)	0.6			—			0.6
Depreciation and amortization	16.0			0.3			16.3			46.4			—			46.4
Amortization of financing costs	0.7			—			0.7			2.7			—			2.7
Stock-based compensation	5.3			—			5.3			4.5			—			4.5
Retirement benefit expense	16.6			0.2			16.8			26.7			0.8			27.5
Loss on debt repurchased	0.2			—			0.2			60.6			—			60.6
Loss on bank amendment	—			—			—			0.2			—			0.2
Loss on disposal of long-lived assets	0.2			—			0.2			2.5			—			2.5
Tax benefit on stock-based awards	(1.4		)	—			(1.4		)	(1.5		)	0.2			(1.3		)
Changes in assets and liabilities, net of effects from acquisition:
Accounts receivable	(33.2		)	13.7			(19.5		)	(0.8		)	(0.3		)	(1.1		)
Inventories	(22.4		)	(1.1		)	(23.5		)	(25.5		)	(0.3		)	(25.8		)
Other current assets, net	(6.2		)	0.9			(5.3		)	(3.0		)	0.8			(2.2		)
Real estate held for entitlement and leasing	(1.5		)	—			(1.5		)	(7.7		)	—			(7.7		)
Receivable from Northrop	5.4			(6.0		)	(0.6		)	(2.0		)	—			(2.0		)
Recoverable from the U.S. government and other third parties for environmental remediation costs	(2.2		)	6.0			3.8			5.4			—			5.4
Other noncurrent assets	14.3			(0.9		)	13.4			(24.0		)	(0.4		)	(24.4		)
Assets held for sale	(14.2		)	—			(14.2		)	—			—			—
Accounts payable	(19.0		)	—			(19.0		)	(7.1		)	0.4			(6.7		)
Retirement benefits	(1.6		)	—			(1.6		)	(4.2		)	—			(4.2		)
Advance payments on contracts	25.5			(15.9		)	9.6			18.0			(2.5		)	15.5
Other current liabilities	(11.3		)	3.4			(7.9		)	10.9			(0.3		)	10.6
Deferred income taxes	(0.3		)	(0.8		)	(1.1		)	(6.1		)	2.7			(3.4		)
Reserves for environmental remediation costs	(3.4		)	—			(3.4		)	(2.7		)	—			(2.7		)
Other noncurrent liabilities and other	1.0			(0.4		)	0.6			3.4			(2.1		)	1.3
Net cash (used in) provided by continuing operations	(35.6		)	—			(35.6		)	34.2			0.2			34.4
Net cash used in discontinued operations	—			—			—			(0.1		)	—			(0.1		)
Net Cash (Used in) Provided by Operating Activities	(35.6		)	—			(35.6		)	34.1			0.2			34.3
Investing Activities
Purchase of Rocketdyne Business	—			—			—			0.2			—			0.2
Capital expenditures	(4.3		)	—			(4.3		)	(31.9		)	—			(31.9		)
Net Cash Used in Investing Activities	(4.3		)	—			(4.3		)	(31.7		)	—			(31.7		)
Financing Activities
Proceeds from issuance of debt	—			—			—			189.0			—			189.0
Debt issuance costs	—			—			—			(4.2		)	—			(4.2		)
Debt repayments/repurchases	(9.3		)	—			(9.3		)	(165.0		)	—			(165.0		)
Repurchase of shares to satisfy tax withholding obligations	(2.4		)	—			(2.4		)	(1.9		)	—			(1.9		)
Purchase of treasury stock	—			—			—			(64.5		)	—			(64.5		)
Tax benefit on stock-based awards	1.4			—			1.4			1.5			(0.2		)	1.3
Net Cash Used in Financing Activities	(10.3		)	—			(10.3		)	(45.1		)	(0.2		)	(45.3		)
Net Decrease in Cash and Cash Equivalents	(50.2		)	—			(50.2		)	(42.7		)	—			(42.7		)
Cash and Cash Equivalents at Beginning of Period	265.9			—			265.9			197.6			—			197.6
Cash and Cash Equivalents at End of Period	$	215.7		$	—		$	215.7		$	154.9		$	—		$	154.9



	Six Months Ended May 31, 2014									Three Months Ended February 28, 2014
Unaudited	As Reported			Adjustments			As Restated			As Reported			Adjustments			As Restated
	(In millions)									(In millions)
Operating Activities
Net loss	$	(53.2	)	$	1.8		$	(51.4	)	$	(2.3	)	$	0.1		$	(2.2	)
Adjustments to reconcile net loss to net cash used in operating activities:
Loss from discontinued operations, net of income taxes	0.8			—			0.8			—			—			—
Depreciation and amortization	30.6			0.1			30.7			14.9			—			14.9
Amortization of financing costs	1.8			—			1.8			0.9			—			0.9
Stock-based compensation	3.0			—			3.0			1.4			—			1.4
Retirement benefit expense	17.8			0.5			18.3			8.9			0.2			9.1
Loss on debt repurchased	50.8			—			50.8			4.9			—			4.9
Loss on bank amendment	0.2			—			0.2			—			—			—
Tax benefit on stock-based awards	(1.3		)	—			(1.3		)	(1.1		)	—			(1.1		)
Changes in assets and liabilities, net of effects from acquisition:
Accounts receivable	21.5			0.6			22.1			14.3			(0.7		)	13.6
Inventories	(25.1		)	(0.6		)	(25.7		)	(31.6		)	2.2			(29.4		)
Other current assets, net	3.7			(0.2		)	3.5			—			(1.5		)	(1.5		)
Income tax receivable	3.2			(1.3		)	1.9			6.6			(6.6		)	—
Real estate held for entitlement and leasing	(3.6		)	—			(3.6		)	(1.1		)	—			(1.1		)
Receivable from Northrop	(1.2		)	—			(1.2		)	(0.3		)	—			(0.3		)
Recoverable from the U.S. government and other third parties for environmental remediation costs	6.6			—			6.6			0.2			—			0.2
Other noncurrent assets	(15.6		)	0.1			(15.5		)	(4.2		)	(2.6		)	(6.8		)
Accounts payable	(28.0		)	0.4			(27.6		)	(24.5		)	(0.6		)	(25.1		)
Retirement benefits	(3.2		)	—			(3.2		)	(1.5		)	—			(1.5		)
Advance payments on contracts	6.1			(3.2		)	2.9			(9.2		)	2.9			(6.3		)
Other current liabilities	(27.7		)	2.7			(25.0		)	6.4			4.5			10.9
Deferred income taxes	(3.6		)	(0.3		)	(3.9		)	(6.8		)	1.8			(5.0		)
Reserves for environmental remediation costs	(7.6		)	—			(7.6		)	(0.9		)	—			(0.9		)
Other noncurrent liabilities and other	1.8			(0.6		)	1.2			(0.3		)	0.3			—
Net cash used in continuing operations	(22.2		)	—			(22.2		)	(25.3		)	—			(25.3		)
Net cash used in discontinued operations	(0.1		)	—			(0.1		)	—			—			—
Net Cash Used in Operating Activities	(22.3		)	—			(22.3		)	(25.3		)	—			(25.3		)
Investing Activities
Capital expenditures	(18.5		)	—			(18.5		)	(9.3		)	—			(9.3		)
Net Cash Used in Investing Activities	(18.5		)	—			(18.5		)	(9.3		)	—			(9.3		)
Financing Activities
Proceeds from issuance of debt	179.0			—			179.0			—			—			—
Debt issuance costs	(4.1		)	—			(4.1		)	—			—			—
Debt repayments/repurchases	(145.8		)	—			(145.8		)	(10.0		)	—			(10.0		)
Repurchase of shares to satisfy tax withholding obligations	(2.0		)	—			(2.0		)	(1.4		)	—			(1.4		)
Purchase of treasury stock	(64.5		)	—			(64.5		)	(8.6		)	—			(8.6		)
Tax benefit on stock-based awards	1.3			—			1.3			1.1			—			1.1
Net Cash Used in Financing Activities	(36.1		)	—			(36.1		)	(18.9		)	—			(18.9		)
Net Decrease in Cash and Cash Equivalents	(76.9		)	—			(76.9		)	(53.5		)	—			(53.5		)
Cash and Cash Equivalents at Beginning of Period	197.6			—			197.6			197.6			—			197.6
Cash and Cash Equivalents at End of Period	$	120.7		$	—		$	120.7		$	144.1		$	—		$	144.1