LONG-TERM DEBT (Tables)

12 Months Ended

Nov. 30, 2013

Debt Disclosure [Abstract]

Long-Term Debt

Long-term debt consists of the following as of November 30, (in thousands):

	2012		2013
4.63 percent Senior Notes	$	65,000	$	65,000
3.95 percent Senior Notes	100,000		100,000
4.82 percent Revenue Bonds	970		662
6.25 percent Term Loan	50,318		49,948
TIF bond debt service funding commitment	60,644		58,877
Revolving Credit Facility	—		—
	276,932		274,487
Less: current portion	2,513		2,807
	$	274,419	$	271,680

Schedule of Payments

Schedule of Payments (in thousands)

For the year ending November 30:
2014	$	2,807
2015	3,436
2016	3,408
2017	3,738
2018	4,091
Thereafter	257,590
	275,070
Net premium	(583		)
Total	$	274,487

Total Interest Expense Incurred

Total interest expense incurred by the Company for the years ended November 30, are as follows (in thousands):

	2011		2012		2013
Interest expense	$	18,486	$	17,220	$	16,576
Less: capitalized interest	3,776		3,719		1,355
Net interest expense	$	14,710	$	13,501	$	15,221