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Unusual Items
6 Months Ended
May 31, 2012
Unusual Items [Abstract]  
Unusual Items

13. Unusual Items

Total unusual items expense, a component of other expense, net in the unaudited condensed consolidated statements of operations, for the second quarter and first half of fiscal 2012 and 2011 was as follows:

 

                                 
    Three months ended May 31,     Six months ended May 31,  
    2012     2011     2012     2011  
    (In millions)  

Unusual items

                               

Legal related matters

  $ 0.2     $ 0.2     $ 0.4     $ 0.4  

9  1/ 2 Notes redemption

    0.4       —         0.4       —    

Gain on debt repurchased

    —         —         —         (0.2
   

 

 

   

 

 

   

 

 

   

 

 

 
    $ 0.6     $ 0.2     $ 0.8     $ 0.2  
   

 

 

   

 

 

   

 

 

   

 

 

 

 

During the first half of fiscal 2012 and 2011, the Company recorded $0.4 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.

During the second quarter of fiscal 2012, the Company redeemed $75.0 million of its 9 1/2% Notes at a redemption price of 100% of the principal amount. The redemption resulted in a charge of $0.4 million associated with the write-off of the 9 1/ 2% Notes deferred financing costs. Additionally, during the first quarter of fiscal 2011, the Company repurchased $6.5 million principal amount of its 2  1/4% Debentures at various prices ranging from 99.0% of par to 99.1% of par resulting in a gain of $0.2 million.