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Quarterly Financial Data (Tables)
12 Months Ended
Nov. 30, 2013
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Data
First
Quarter
     Second
Quarter
     Third
Quarter
     Fourth
Quarter(1)
 
     (In millions, except per share amounts)  

2013

           

Net sales

   $ 243.7       $ 286.6       $ 367.5       $ 485.3   

Cost of sales (exclusive of items shown separately on Statement of Operations)

     217.5         254.4         326.7         431.0   

(Loss) income from continuing operations before income taxes

     (9.2      (9.6      (9.0      1.6   

(Loss) income from continuing operations

     (14.1      (11.7      197.6         (4.1

Income (loss) from discontinued operations, net of income taxes

     0.1         (0.1      (0.2      0.4   

Net (loss) income

     (14.0      (11.8      197.4         (3.7

Basic (loss) income per share from continuing operations

     (0.24      (0.20      3.25         (0.07

Basic income per share from discontinued operations, net of income taxes

                          0.01   

Basic net (loss) income per share

     (0.24      (0.20      3.25         (0.06

Diluted (loss) income per share from continuing operations

     (0.24      (0.20      2.39         (0.07

Diluted income per share from discontinued operations, net of income taxes

                          0.01   

Diluted net (loss) income per share

     (0.24      (0.20      2.39         (0.06

 

     First
Quarter
     Second
Quarter
     Third
Quarter
     Fourth
Quarter(2)
 
     (In millions, except per share amounts)  

2012

           

Net sales

   $ 201.9       $ 249.9       $ 244.9       $ 298.2   

Cost of sales (exclusive of items shown separately on Statement of Operations)

     173.9         220.3         214.1         261.3   

Income (loss) from continuing operations before income taxes

     4.7         4.6         (0.5      4.4   

Income (loss) from continuing operations

     2.4         1.3         (8.7      (0.7

Income (loss) from discontinued operations, net of income taxes

            0.4         (0.8      3.5   

Net income (loss)

     2.4         1.7         (9.5      2.8   

Basic and diluted income (loss) per share from continuing operations

     0.04         0.02         (0.15      (0.01

Basic and diluted income (loss) per share from discontinued operations, net of income taxes

            0.01         (0.01      0.06   

Basic and diluted net income (loss) per share

     0.04         0.03         (0.16      0.05   

 

 

(1)

During the fourth quarter of fiscal 2013, the Company recorded out of period adjustments to selling, general and administrative expense and the income tax provision and related balance sheet accounts. The out of period adjustments relate to the accounting for a legal settlement, basis of taxable goodwill and state income taxes. The Company recorded an adjustment to correct the identified errors resulting in the Company under reporting income by $0.3 million.

(2)

During the fourth quarter of fiscal 2012, the Company recorded out of period adjustments to cost of sales, interest expense, and the income tax provision and related balance sheet accounts. The out of period adjustments relate to the treatment of intercompany interest within the state tax provisions and the accounting for a lease modification. The Company recorded an adjustment to correct the identified errors resulting in the Company under reporting income by $0.4 million.