Long-Term Debt (Tables)

6 Months Ended

May 31, 2014

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Long-Term Debt

Long-term debt consists of the following (in thousands):

	November 30, 2013		May 31, 2014
4.63 percent Senior Notes	$	65,000	$	65,000
3.95 percent Senior Notes	100,000		100,000
4.82 percent Revenue Bonds	662		502
6.25 percent Term Loan	49,948		49,754
TIF bond debt service funding commitment	58,877		58,910
Revolving Credit Facility	—		—
	274,487		274,166
Less: current portion	2,807		3,012
	$	271,680	$	271,154

Schedule of Interest Expense

Total interest expense incurred by the Company for the three and six months ended May 31, 2013 and 2014, are as follows (in thousands):

	Three Months Ended				Six Months Ended
	May 31, 2013		May 31, 2014		May 31, 2013		May 31, 2014
Interest expense	$	4,142	$	4,125	$	8,296	$	8,238
Less: capitalized interest	263		1,422		455		2,402
Net interest expense	$	3,879	$	2,703	$	7,841	$	5,836