XML 38 R27.htm IDEA: XBRL DOCUMENT v3.7.0.1
Long-Term Debt (Tables)
6 Months Ended
May 31, 2017
Debt Disclosure [Abstract]  
Long-Term Debt
Long-term debt consists of the following (in thousands):
 
 
November 30, 2016
 
May 31, 2017
 
 
Principal
 
Unamortized Discount and Debt Issuance Costs
 
Principal
 
Unamortized Discount and Debt Issuance Costs
4.63 percent Senior Notes
 
$
65,000

 
$
(210
)
 
$
65,000

 
$
(185
)
3.95 percent Senior Notes
 
100,000

 
(328
)
 
100,000

 
(307
)
6.25 percent Term Loan
 
47,878

 

 
47,434

 

TIF bond debt service funding commitment
 
52,145

 
(1,665
)
 
52,173

 
(1,544
)
Revolving Credit Facility
 

 

 

 

 
 
265,023

 
(2,203
)
 
264,607

 
(2,036
)
Less: current portion
 
3,738

 
(334
)
 
3,767

 
(278
)
 
 
$
261,285

 
$
(1,869
)
 
$
260,840

 
$
(1,758
)
Schedule of Interest Expense
Total interest expense incurred by the Company for the three and six months ended May 31, 2016 and 2017, respectively, is as follows (in thousands):
 
Three Months Ended
 
Six Months Ended
 
May 31, 2016
 
May 31, 2017
 
May 31, 2016
 
May 31, 2017
Interest expense
$
4,024

 
$
3,942

 
$
8,037

 
$
7,888

Less: capitalized interest
340

 
875

 
1,264

 
1,569

Net interest expense
$
3,684

 
$
3,067

 
$
6,773

 
$
6,319