Stockholders' Equity (Tables)

12 Months Ended

Nov. 30, 2017

Stockholders' Equity

Schedule of basic and diluted per share results

	For the Fiscal Years Ended
	Nov. 30,		Nov. 30,		Nov. 30,
	2017		2016		2015
Net income	$	4,627	$	576	$	425
Weighted average shares outstanding for computation of basic per share results		5,010,000		5,117,000		5,151,000
Incremental shares from assumed exercise of Griffin stock options		28,000		6,000		17,000
Adjusted weighted average shares for computation of diluted per share results		5,038,000		5,123,000		5,168,000

Schedule of options granted by Griffin under the Stock Option Plan to non-employee directors

	For the Fiscal Years Ended
	Nov. 30, 2017			Nov. 30, 2016			Nov. 30, 2015
		Fair Value per			Fair Value per			Fair Value per
	Number of	Option at		Number of	Option at		Number of	Option at
	Shares	Grant Date		Shares	Grant Date		Shares	Grant Date
Employees	5,000	$	11.13	101,450	$	7.51 - 11.65	-	$	-
Non-employee directors	6,570	$	13.49	8,409	$	11.30	8,282	$	14.39
	11,570			109,859			8,282

Schedule of assumptions used in determining fair values of options

	For the Fiscal Years Ended
	Nov. 30, 2017		Nov. 30, 2016		Nov. 30, 2015
Expected volatility	32.7 to 39.6	%	32.9 to 41.1	%	40.8	%
Risk free interest rates	2.1 to 2.2	%	1.2 to 1.5	%	2.0	%
Expected option term (in years)	7.5 to 8.5		5 to 8.5		8.5
Annual dividend yield	0.8 to 0.9	%	0.9	%	0.7	%

Schedule of option holders

Number of option holders at November 30, 2017 31

Schedule of compensation expense and related tax benefits for stock options

	For the Fiscal Years Ended
	Nov. 30, 2017		Nov. 30, 2016		Nov. 30, 2015
Compensation expense	$	349	$	267	$	230
Related tax benefit	$	86	$	62	$	61

Schedule of unrecognized compensation expense related to nonvested stock options

Fiscal 2018	$	340
Fiscal 2019	$	234
Fiscal 2020	$	112
Fiscal 2021	$	34

Summary of the activity under the Griffin Stock Option Plan

		Weighted Avg.
	Options	Exercise Price
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
Granted	109,859	$	26.83
Forfeited	(11,040)	$	30.73
Outstanding at November 30,  2016	324,546	$	29.23
Granted	11,570	$	30.59
Forfeited	(2,354)	$	36.82
Outstanding at November 30,  2017	333,762	$	29.22

Schedule of options by range of exercise prices

				Weighted Avg.
				Remaining
Range of Exercise Prices for	Outstanding at	Weighted Avg.		Contractual Life	Total Intrinsic
Vested and Nonvested Options	November 30, 2017	Exercise Price		(in years)	Value
$23.00 - $28.00	124,543	$	26.67	7.9	$	1,225
$28.00 - $32.00	128,248	$	29.07	4.1		953
$32.00 - $39.00	80,971	$	33.40	0.9		251
	333,762	$	29.22	4.7	$	2,429

Schedule of accumulated other comprehensive loss

	Unrealized Gain		Unrealized Gain
	(Loss) on Cash		(Loss) on Investment
	Flow Hedges		in Centaur Media		Total
Balance at November 30, 2014	$	(1,464)	$	629	$	(835)
Other comprehensive (loss) income before reclassifications		(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)
Other comprehensive loss before reclassifications		(174)		(646)		(820)
Amounts reclassified		856		—		856
Net activity for other comprehensive income		682		(646)		36
Balance at November 30, 2016		(1,062)		13		(1,049)
Other comprehensive (loss) income before reclassifications		(45)		159		114
Amounts reclassified		823		(172)		651
Net activity for other comprehensive income		778		(13)		765
Balance at November 30, 2017	$	(284)	$	—	$	(284)

Schedule of components of accumulated other comprehensive income (loss)

	For the Fiscal Years Ended
	November 30, 2017						November 30, 2016						November 30, 2015
			Tax						Tax						Tax
			(Expense)						(Expense)						(Expense)
	Pre-Tax		Benefit		Net-of-Tax		Pre-Tax		Benefit		Net-of-Tax		Pre-Tax		Benefit		Net-of-Tax
Reclassifications included in net income:
Loss on cash flow hedges (interest expense)	$	1,299	$	(476)	$	823	$	1,358	$	(502)	$	856	$	1,234	$	(456)	$	778
Realized gain on sale of Centaur Media (gain on sale)		(281)		109		(172)		—		—		—		—		—		—
Total reclassifications included in net income		1,018		(367)		651		1,358		(502)		856		1,234		(456)		778
Mark to market adjustment on Centaur Media for an increase (decrease) in fair value		220		(77)		143		(763)		267		(496)		123		(43)		80
Mark to market adjustment on Centaur Media for an increase (decrease) in the foreign currency exchange rate		25		(9)		16		(230)		80		(150)		(77)		27		(50)
Decrease in fair value adjustment on Griffin's cash flow hedges		(58)		13		(45)		(277)		103		(174)		(1,678)		620		(1,058)
Total change in other comprehensive loss		187		(73)		114		(1,270)		450		(820)		(1,632)		604		(1,028)
Total other comprehensive income (loss)	$	1,205	$	(440)	$	765	$	88	$	(52)	$	36	$	(398)	$	148	$	(250)