Acquisition (Tables)

3 Months Ended

Feb. 28, 2014

Business Combinations [Abstract]

Components of Estimated Purchase Price

The components of the estimated purchase price to UTC are as follows (in millions):

Purchase Price	$	495.0
Advance payments on contracts adjustment		(57.3	)
Capital expenditures adjustment		(29.8	)
Target net asset adjustment		3.3
Cash payment to UTC	$	411.2

Summary of Estimated Fair Values of Assets Acquired and Liabilities Assumed

The following table summarizes the estimated fair values of the assets acquired and liabilities assumed at the acquisition date (in millions):

Current assets	$	105.5
Property, plant and equipment, net		202.7
Other non-current assets		10.0
Total tangible assets acquired		318.2
Intangible assets acquired		128.3
Deferred income taxes		12.9
Total assets acquired		459.4
Liabilities assumed, current		(105.5	)
Liabilities assumed, non-current		(7.2	)
Total identifiable net assets acquired		346.7
Goodwill (Cash payment less total identifiable net assets acquired)	$	64.5

Summary of Pro Forma Information Related to Results of Operations

The pro forma information for the first quarter of fiscal 2013 is presented below (in millions, except per share amounts):

Net sales:
As reported	$	243.7
Pro forma	$	420.9
Net (loss) income:
As reported	($	14.0	)
Pro forma	$	12.1
Basic (loss) income per share
As reported	($	0.24	)
Pro forma	$	0.20
Diluted (loss) income per share
As reported	($	0.24	)
Pro forma	$	0.17