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Unusual Items
 3 Months Ended
Feb. 28, 2014
Extraordinary And Unusual Items [Abstract]  
Unusual Items

Note 14. Unusual Items

Total unusual items expense, a component of other expense, net in the unaudited condensed consolidated statements of operations was as follows:

 

     Three months ended  
     February 28,
2014		      February 28,
2013		  
     (In millions)  

Aerospace and Defense:

      

Gain on legal matter

    $ —         $ (0.1 ) 
  

 

 

     

 

 

  

Aerospace and defense unusual items

    $ —         $ (0.1 ) 

Corporate:

      

Loss on debt repurchased

    $ 4.9       $ —    

Loss on legal settlement

      —           0.5   

Rocketdyne Business acquisition related costs

      —           5.5   
  

 

 

     

 

 

  

Corporate unusual items

    $ 4.9       $ 6.0   
  

 

 

     

 

 

  

Total unusual items

    $ 4.9       $ 5.9   
  

 

 

     

 

 

  

 

A summary of the Company’s loss on the 4 1/16% Debentures repurchased during the first quarter of fiscal 2014 is as follows (in millions):

 

Principal amount repurchased

    $ 4.5   

Cash repurchase price

      (9.4 ) 
  

 

 

  

Loss on 4 1/16% Debentures repurchased

    $ (4.9 ) 
  

 

 

  

During the first quarter of fiscal 2013, the Company recorded a charge of $0.5 million related to a legal settlement. During the first quarter of fiscal 2013, the Company recorded $0.1 million for realized gains 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.

The Company incurred expenses of $5.5 million, including internal labor costs of $0.8 million, related to the Rocketdyne Business acquisition in the first quarter of fiscal 2013.