Stockholders' Equity (Tables)

12 Months Ended

Nov. 30, 2015

Schedule of basic and diluted per share results

	For the Fiscal Years Ended,
	Nov. 30, 2015		Nov. 30, 2014			Nov. 30, 2013
Income (loss) from continuing operations for computation of basic and diluted per share results, net of tax	$	425	$	(1,248	)	$	1,910
Income (loss) from discontinued operations for computation of basic and diluted per share results, net of tax		—		144			(7,731	)

Net income (loss)	$	425	$	(1,104	)	$	(5,821	)


Weighted average shares outstanding for computation of basic per share results		5,151,000		5,148,000			5,144,000
Incremental shares from assumed exercise of Griffin stock options(a)		17,000		—			8,000

Adjusted weighted average shares for computation of diluted per share results		5,168,000		5,148,000			5,152,000

(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 by Griffin under the Stock Option Plan to non-employee directors

For the Fiscal Years Ended,
November 30, 2015				November 30, 2014				November 30, 2013
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
	8,282	$	14.39		8,532	$	12.42		8,112	$	12.94

Schedule of assumptions used in determining fair values of each option

	For the Fiscal Years Ended,
	Nov. 30, 2015			Nov. 30, 2014			Nov. 30, 2013
Expected volatility		40.8	%		38.9	%		40.3	%
Risk free interest rates		2.00	%		2.16	%		1.33	%
Expected option term (in years)		8.5			8.5			8.5
Annual dividend yield		0.7	%		0.7	%		0.7	%

Schedule of option holders

Number of option holders at November 30, 2015			15

Schedule of compensation expense and related tax benefits for stock options

	For the Fiscal Years Ended,
	Nov. 30, 2015		Nov. 30, 2014			Nov. 30, 2013
Compensation expense—continuing operations	$	230	$	338		$	415
Compensation expense—discontinued operations		—		(130	)		52

Net compensation expense	$	230	$	208		$	467


Related tax benefit—continuing operations	$	61	$	78		$	109
Related tax benefit—discontinued operations		—		(15	)		5

Net related tax benefit	$	61	$	63		$	114

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

As of November 30, 2015, the unrecognized compensation expense related to nonvested stock options that will be recognized during future periods is as follows:

Fiscal 2016		$	75
Fiscal 2017		$	19

Summary of the activity under the Griffin Stock Option Plan

	Options			Weighted Avg. Exercise Price
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
Granted		8,282		$	31.38
Exercised		(3,134	)	$	25.53
Forfeited		(1,422	)	$	28.12

Outstanding at November 30, 2015		225,727		$	30.47

Schedule of options by range of exercise prices

Range of Exercise Prices for Vested and Nonvested Options	Outstanding at Nov. 30, 2015		Weighted Avg. Exercise Price		Weighted Avg. Remaining Contractual Life (in years)		Total Intrinsic Value
$23.00 - $28.00		14,934	$	25.43		6.2		20
$28.00 - $32.00		127,718	$	29.07		5.4		—
$32.00 - $39.00		83,075	$	33.52		2.9		—

		225,727	$	30.47		4.5	$	20

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 at December 1, 2012	$	(2,011	)	$	1,054		$	236		$	(721	)
Other comprehensive income before reclassfications		100			310			68			478
Amounts reclassified		510			(716	)		—			(206	)

Net activity for other comprehensive loss		610			(406	)		68			272

Balance at November 30, 2013		(1,401	)		648			304			(449	)
Other comprehensive (loss) income before reclassfications		(695	)		185			—			(510	)
Amounts reclassified		632			(204	)		(304	)		124

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

Balance at November 30, 2014		(1,464	)		629			—			(835	)
Other comprehensive (loss) income before reclassfications		(1,058	)		30			—			(1,028	)
Amounts reclassified		778			—			—			778

Net activity for other comprehensive loss		(280	)		30			—			(250	)

Balance at November 30, 2015	$	(1,744	)	$	659		$	—		$	(1,085	)

Schedule of changes in accumulated other comprehensive income (loss)

	For the Fiscal Years Ended,
	November 30, 2015									November 30, 2014									November 30, 2013
	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 income (loss):
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)		1,234			(456	)		778			1,003			(371	)		632			810			(300	)		510

Total reclassifications included in net income (loss)		1,234			(456	)		778			197			(73	)		124			(289	)		83			(206	)

Mark to market adjustment on Centaur Media for the increase in fair value		123			(43	)		80			358			(125	)		233			481			(169	)		312
Mark to market adjustment on Centaur Media for the decrease in exchange gain		(77	)		27			(50	)		(73	)		25			(48	)		(1	)		(1	)		(2	)
(Decrease) increase in fair value adjustment on Griffin's cash flow hedges		(1,678	)		620			(1,058	)		(1,103	)		408			(695	)		159			(59	)		100
Actuarial gain on postretirement benefits program		—			—			—			—			—			—			108			(40	)		68

Total change in other comprehensive (loss) income		(1,632	)		604			(1,028	)		(818	)		308			(510	)		747			(269	)		478

Total other comprehensive (loss) income	$	(398	)	$	148		$	(250	)	$	(621	)	$	235		$	(386	)	$	458		$	(186	)	$	272