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Long-Term Debt (Tables)
12 Months Ended
Nov. 30, 2015
Debt Instrument [Line Items]  
Summary of Long-Term Debt
 
As of November 30,
 
2015
 
2014
 
(In millions)
Senior debt
$
93.8

 
$
98.8

Senior secured notes
460.0

 
460.0

Convertible subordinated notes
84.8

 
133.8

Other debt
13.4

 
89.6

Total debt, carrying amount
652.0

 
782.2

Less: Amounts due within one year
(5.3
)
 
(5.3
)
Total long-term debt, carrying amount
$
646.7

 
$
776.9

Schedule of Maturities of Long-Term Debt
As of November 30, 2015, the earlier of the Company’s contractual debt principal maturities or the next debt redemption date that could be exercised at the option of the debt holder, are summarized by fiscal year as follows:
 
Total 
 
2016
 
2017
 
2018
 
2019
 
2020
 
2021
 
2022
 
(In millions)
Senior debt
$
93.8

 
$
5.0

 
$
5.0

 
$
5.0

 
$
78.8

 
$

 
$

 
$

Senior secured notes
460.0

 

 

 

 

 

 
460.0

 

Convertible subordinated notes (1)
84.8

 

 

 

 
0.2

 
84.6

 

 

Other debt
13.4

 
0.3

 
0.1

 

 

 

 

 
13.0

Total debt
$
652.0

 
$
5.3

 
$
5.1

 
$
5.0

 
$
79.0

 
$
84.6

 
$
460.0

 
$
13.0

_______
(1)
With respect to the 4 1/16% Debentures holders option to require the Company to repurchase all of the outstanding 4 1/16% Debentures, or any portion thereof that is a multiple of $1,000 principal amount, on December 31, 2019, the Company has the unilateral option to pay the 4 1/16% Debentures holders in shares of its common stock.
Schedule of Actual Ratios and Required Ratios Under Financial Covenants
Financial Covenant
Actual Ratios as of
November 30, 2015
  
Required Ratios
Interest coverage ratio, as defined under the Senior Credit Facility
4.77 to 1.00
  
Not less than: 2.40 to 1.00
Leverage ratio, as defined under the Senior Credit Facility
2.21 to 1.00
  
Not greater than: 4.50 to 1.00
Schedule of Redemption Price Percentage
Thereafter, the Company may redeem the 7 1/8% Notes, at any time on or after March 15, 2016, at redemption prices (expressed as percentages of principal amount) set forth below plus accrued and unpaid interest and additional interest, if any, thereon, to the applicable redemption date, if redeemed during the twelve-month period beginning March 15 of the years indicated below:
 
Year
Redemption Price
2016
105.344
%
2017
103.563
%
2018
101.781
%
2019 and thereafter
100.000
%
Senior Notes [Member]  
Debt Instrument [Line Items]  
Summary of Long-Term Debt
Senior Debt:
 
As of November 30,
 
2015
 
2014
 
(In millions)
Term loan, bearing interest at variable rates (rate of 2.33% as of November 30, 2015), payable in quarterly installments of $1.3 million plus interest, maturing in May 2019
$
93.8

 
$
98.8

Senior Secured Notes [Member]  
Debt Instrument [Line Items]  
Summary of Long-Term Debt
Senior Secured Notes:
 
As of November 30,
 
2015
 
2014
 
(In millions)
Senior secured notes, bearing interest at 7.125% per annum, interest payments due in March and September, maturing in March 2021
$
460.0

 
$
460.0

Convertible Subordinated Notes [Member]  
Debt Instrument [Line Items]  
Summary of Long-Term Debt
Convertible Subordinated Notes:
 
As of November 30,
 
2015
 
2014
 
(In millions)
Convertible subordinated debentures, bearing interest at 2.25% per annum, interest payments due in May and November, maturing in November 2024
$
0.2

 
$
0.2

Convertible subordinated debentures, bearing interest at 4.0625% per annum, interest payments due in June and December, maturing in December 2039
84.6

 
133.6

Total convertible subordinated notes
$
84.8

 
$
133.8

Other Debt [Member]  
Debt Instrument [Line Items]  
Summary of Long-Term Debt
Other Debt:
 
As of November 30,
 
2015
 
2014
 
(In millions)
Delayed draw term loan, bearing interest at variable rates (rate of 9.50% as of November 30, 2015), maturing in April 2022
$
13.0

 
$
89.0

Capital lease, payable in monthly installments, maturing in March 2017
0.4

 
0.6

Total other debt
$
13.4

 
$
89.6