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Consolidated Statements of Operations (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
May 31, 2013
May 31, 2012
May 31, 2013
May 31, 2012
Net Sales $ 270.8 $ 307.5 $ 522.5 $ 583.4
Cost of products sold 213.5 247.5 416.2 462.5
Gross Profit 57.3 60.0 106.3 120.9
Selling, general and administrative 31.2 32.2 61.7 61.7
Depreciation and amortization 8.3 8.1 16.6 16.1
Asset impairment 0 0.5 0 0.5
Restructuring and severance 4.6 0 5.4 0.4
Interest expense 8.0 9.5 16.6 19.0
Deferred financing fees write-off 1.5 0 1.5 0
Other expense (income), net (0.2) (0.1) (0.2) (0.8)
Operating Expenses, Total 53.4 50.2 101.6 96.9
Income (Loss) From Continuing Operations Before Income Taxes 3.9 9.8 4.7 24.0
Income tax expense 1.3 2.9 1.9 6.4
Income From Continuing Operations 2.6 6.9 2.8 17.6
Basic        
Basic income from continuing operations per share $ 0.06 $ 0.15 $ 0.06 $ 0.38
Basic income (loss) from discontinued operations per share $ 0.00 $ 0.00 $ 0.00 $ 0.07
Basic Net Income Per Share $ 0.06 $ 0.15 $ 0.06 $ 0.45
Diluted        
Diluted income from continuing operations per share $ 0.06 $ 0.15 $ 0.06 $ 0.38
Diluted income (loss) from discontinued operations per share $ 0.00 $ 0.00 $ 0.00 $ 0.07
Diluted Net Income Per Share $ 0.06 $ 0.15 $ 0.06 $ 0.45
Net Income (loss) 2.9 7.0 2.7 20.5
Weighted average shares outstanding - Basic 46.0 45.1 46.0 44.9
Weighted Average Number of Shares Outstanding, Including Participating Shares, Basic 46.2 45.9 46.2 45.6
Weighted-average common shares outstanding - assuming dilution 46.7 46.1 46.7 45.7
Discontinued operations:        
Tax expense (benefit) 0.1 1.2 (0.1) (0.4)
Loss from operations net of tax 0.3 0.1 (0.1) (3.1)
Gain on sale of discontinued operations, before tax 0 0 0 9.9
Tax expense 0 0 0 3.9
Net gain on sale 0 0 0 6.0
(Loss) income from discontinued operations $ 0.3 $ 0.1 $ (0.1) $ 2.9