Stockholders' Equity (Tables)

12 Months Ended

Nov. 30, 2014

Schedule of basic and diluted results per share

	For the Fiscal Years Ended,
	Nov. 30, 2014			Nov. 30, 2013			Dec. 1, 2012
(Loss) income from continuing operations for computation of basic and diluted per share results, net of tax	$	(1,248	)	$	1,910		$	196
Income (loss) from discontinued operations for computation of basic and diluted per share results, net of tax		144			(7,731	)		770

Net (loss) income	$	(1,104	)	$	(5,821	)	$	966


Weighted average shares outstanding for computation of basic per share results		5,148,000			5,144,000			5,138,000
Incremental shares from assumed exercise of Griffin stock options (a)		—			8,000			5,000

Adjusted weighted average shares for computation of diluted per share results		5,148,000			5,152,000			5,143,000

(a)

Incremental shares from the assumed exercise of Griffin stock options are not included in periods where inclusion of such shares would be anti-dilutive. Such assessment is based on income (loss) from continuing operations when net income includes discontinued operations. For the fiscal year ended November 30, 2014, the incremental shares from the assumed exercise of stock options would have been 11,000 shares.

Schedule of options granted under 2009 Stock Option Plan to non-employee directors either upon their initial election or their reelection to Board of Directors and to employees

For the Fiscal Years Ended,
November 30, 2014				November 30, 2013				December 1, 2012
Number of Shares		Fair Value per Option at Grant Date		Number of Shares		Fair Value per Option at Grant Date		Number of Shares		Fair Value per Option at Grant Date
	8,532	$	12.42		8,112	$	12.94		10,996	$10.66 - $14.89

Schedule of assumptions used in determining fair values of each option

	For the Fiscal Years Ended,
	Nov. 30, 2014			Nov. 30, 2013			Dec. 1, 2012
Expected volatility		38.9	%		40.3	%	39.6% - 41.1%
Range of risk free interest rates		2.16	%		1.33	%	1.02% - 1.19%
Expected option term (in years)		8.5			8.5		8.5
Annual dividend yield		0.7	%		0.7	%	0% - 0.7%

Schedule of option holders

Number of option holders at November 30, 2014			14

Schedule of compensation expense and related tax benefits for stock options

	For the Fiscal Years Ended,
	Nov. 30, 2014			Nov. 30, 2013		Dec. 1, 2012
Compensation expense—continuing operations	$	338		$	415	$	545
Compensation expense—discontinued operations		(130	)		52		59

Net compensation expense	$	208		$	467	$	604


Related tax benefit—continuing operations	$	78		$	109	$	143
Related tax benefit—discontinued operations		(15	)		5		5

Net related tax benefit	$	63		$	114	$	148

Schedule of unrecognized compensation expense related to nonvested stock options that will be recognized during future periods

As of November 30, 2014, the unrecognized compensation expense related to nonvested stock options that will be recognized during future periods is as follows:

Fiscal 2015		$	153
Fiscal 2016		$	33

Summary of the activity under the Griffin Stock Option Plan

	Options			Weighted Avg. Exercise Price
Outstanding at December 3, 2011		244,518		$	29.79
Granted		10,996			25.45
Exercised		(6,741	)		17.80
Forfeited		(4,932	)		32.43

Outstanding at December 1, 2012		243,841			29.88
Granted		8,112			29.58
Exercised		(6,776	)		11.81
Forfeited		(5,500	)		31.12

Outstanding at November 30, 2013		239,677			30.35
Granted		8,532			28.12
Exercised		(3,208	)		24.94
Forfeited		(23,000	)		30.27

Outstanding at November 30, 2014		222,001		$	30.35

Schedule of options by range of exercise prices

Range of Exercise Prices for Vested and Nonvested Options	Outstanding at Nov. 30, 2014		Weighted Avg. Exercise Price		Weighted Avg. Remaining Contractual Life (in years)		Total Intrinsic Value
$23.00 - $28.00		18,068	$	25.45		6.0		44
$28.00 - $32.00		120,858	$	28.90		6.2		—
$32.00 - $39.00		83,075	$	33.52		3.9		—

		222,001	$	30.35		5.3	$	44

Schedule of accumulated other comprehensive loss, and activity

	Unrealized loss on cash flow hedges			Unrealized gain on investment in Centaur Media			Actuarial gain on postretirement benefit program			Total
Balance November 30, 2013	$	(1,401	)	$	648		$	304		$	(449	)
Other comprehensive (loss) income before reclassifications		(695	)		185			—			(510	)
Amounts reclassified		632			(204	)		(304	)		124

Net current year activity for other comprehensive loss		(63	)		(19	)		(304	)		(386	)

Balance November 30, 2014	$	(1,464	)	$	629		$	—		$	(835	)

Schedule of changes in accumulated other comprehensive income (loss)

	For the Fiscal Years Ended,
	November 30, 2014									November 30, 2013									December 1, 2012
	Pre-Tax			Tax (Expense) Benefit			Net-of-Tax			Pre-Tax			Tax (Expense) Benefit			Net-of-Tax			Pre-Tax			Tax (Expense) Benefit			Net-of-Tax
Reclassifications included in net (loss) income:
Realized gain on sale of Centaur Media (gain on sale)	$	(321	)	$	117		$	(204	)	$	(1,099	)	$	383		$	(716	)	$	—		$	—		$	—
Termination of postretirement benefits program ($283 net of tax to discontinued operations, $21 net of tax to general and administrative expenses)		(485	)		181			(304	)		—			—			—			—			—			—
Loss on cash flow hedges (interest expense)		1,003			(371	)		632			810			(300	)		510			666			(246	)		420

Total reclassifications included in net (loss) income		197			(73	)		124			(289	)		83			(206	)		666			(246	)		420

Mark to market adjustment on Centaur Media for the increase in fair value		358			(125	)		233			481			(169	)		312			1,111			(389	)		722
Mark to market adjustment on Centaur Media for the (decrease) increase in exchange gain		(73	)		25			(48	)		(1	)		(1	)		(2	)		110			(38	)		72
(Decrease) increase in fair value adjustment on Griffin's cash flow hedges		(1,103	)		408			(695	)		159			(59	)		100			(1,442	)		533			(909	)
Actuarial (loss) gain on postretirement benefits program		—			—			—			108			(40	)		68			(77	)		29			(48	)

Total change in other comprehensive (loss) income		(818	)		308			(510	)		747			(269	)		478			(298	)		135			(163	)

Total other comprehensive (loss) income	$	(621	)	$	235		$	(386	)	$	458		$	(186	)	$	272		$	368		$	(111	)	$	257