Acquisition, (As Restated for fiscal 2013) (Tables)

12 Months Ended

Nov. 30, 2015

Schedule of Components of Purchase Price

The components of the purchase price to UTC are as follows (in millions):



Purchase Price	$	495.0
Advance payments on contracts adjustment	(55.7		)
Capital expenditures adjustment	(28.3		)
Cash payment to UTC	$	411.0

Schedule of Expenses in Connection with Acquisition

The Company incurred substantial expenses in connection with the Acquisition. A summary of the expenses related to the Acquisition recorded in fiscal 2012 ($11.6 million) and fiscal 2013 ($20.0 million) is as follows (in millions):



Legal expenses	$	16.4
Professional fees and consulting	8.9
Internal labor	3.4
Costs related to the previously planned divestiture of the Liquid Divert and Attitude Control Systems business, including $0.3 million of internal labor	1.7
Other	1.2
	$	31.6

Summary of Estimated Fair Values of Assets Acquired and Liabilities Assumed

The following table summarizes the estimated fair values of the assets acquired and liabilities assumed at the acquisition date (in millions):



Current assets	$	110.9
Property, plant and equipment, net	203.8
Other non-current assets	4.2
Total tangible assets acquired	318.9
Intangible assets acquired	128.3
Deferred income taxes	13.3
Total assets acquired	460.5
Liabilities assumed, current	(105.5		)
Liabilities assumed, non-current	(7.2		)
Total identifiable net assets acquired	347.8
Goodwill (Cash payment less total identifiable net assets acquired)	$	63.2

Summary of Pro Forma Information Related to Results of Operations

The pro forma information is presented for informational purposes only and is not necessarily indicative of the results of operations that actually would have been achieved had the Acquisition been consummated as of that time or that may result in the future.



	Year Ended
	2013
	(In millions, except per share amounts)
Net sales:
As reported	$	1,378.1
Pro forma	$	1,757.7
Net income:
As reported	$	162.9
Pro forma	$	25.7
Basic income per share
As reported	$	2.68
Pro forma	$	0.42
Diluted income per share
As reported	$	2.05
Pro forma	$	0.41