Discontinued Operations

12 Months Ended

Nov. 30, 2013

Discontinued Operations And Disposal Groups [Abstract]

Discontinued Operations

Note 13. Discontinued Operations

On August 31, 2004, the Company completed the sale of its GDX Automotive (“GDX”) business. On November 30, 2005, the Company completed the sale of the Fine Chemicals business. The remaining subsidiaries after the sale of GDX Automotive, including Snappon SA, and the Fine Chemicals business are classified as discontinued operations.

Summarized financial information for discontinued operations is set forth below:

	Year Ended
	2013			2012		2011
	(In millions)
Net sales	$	—		$	—	$	—
(Loss) income before income taxes(1)		(0.9	)		2.6		—
Income tax benefit		1.1			0.5		—
Income from discontinued operations		0.2			3.1		—

(1) Includes foreign currency transaction (losses) and gains of ($0.2) million in fiscal 2013, $0.4 million in fiscal 2012, and ($0.3) million in fiscal 2011.