Long-Term Debt (Tables)

6 Months Ended

May. 31, 2015

Text Block [Abstract]

Long-Term Debt

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

	November 30, 2014		May 31, 2015
4.63 percent Senior Notes	$	65,000	$	65,000
3.95 percent Senior Notes	100,000		100,000
4.82 percent Revenue Bonds	339		172
6.25 percent Term Loan	49,524		49,131
TIF bond debt service funding commitment	56,883		56,915
Revolving Credit Facility	—		—
	271,746		271,218
Less: current portion	3,435		3,294
	$	268,311	$	267,924

Schedule of Interest Expense

Total interest expense incurred by the Company for the three and six months ended May 31, 2014 and 2015, are as follows (in thousands):

	Three Months Ended				Six Months Ended
	May 31, 2014		May 31, 2015		May 31, 2014		May 31, 2015
Interest expense	$	4,125	$	4,087	$	8,238	$	8,161
Less: capitalized interest	1,422		1,485		2,402		4,091
Net interest expense	$	2,703	$	2,602	$	5,836	$	4,070