Debt and Credit Lines (Tables)

12 Months Ended

Nov. 30, 2016

Debt Disclosure [Abstract]

Schedule of Short-term Debt

Amounts due banks consist of the following debt obligations that are due within the next twelve months:

	November 30,
	2016		2015
	(Dollars in millions)
Capital lease obligations	$	.7	$	.5
$350 million Term Loan B – current portion (interest at 5.25%)	3.5		—
$200 million Term Loan B – current portion (interest at 4.25%)	—		2.0
Total	$	4.2	$	2.5

Long-Term Debt

The Company’s long-term debt consists of the following:

	November 30,
(Dollars in millions)	2016			2015
$350 million Term Loan B (interest at 5.25%)	$	349.2		$	—
$200 million Term Loan B (interest at 4.25%)	—			190.0
Senior Unsecured Notes (interest at 7.875%)	—			150.0
Capital lease obligations	16.8			17.2
	366.0			357.2
Less: current portion	(4.2		)	(2.5		)
Unamortized original issue discount	(3.4		)	(0.5		)
Total long-term Debt	$	358.4		$	354.2

Schedule of Future Minimum Lease Payments for Capital Leases [Table Text Block]

The following is a schedule by year of future minimum lease payments for this capital lease together with the present value of the net minimum lease payments as of November 30, 2016.

Year Ending November 30:	(Dollars in millions)
2017	$	1.4
2018	1.5
2019	1.5
2020	1.5
2021	1.4
Thereafter	18.0
Total minimum lease payments	25.3
Less: Amount representing estimated executory costs	(.6		)
Net minimum lease payments	24.7
Less: Amount representing interest	(7.9		)
Present value of minimum lease payments	$	16.8

Schedule of Maturities of Long-term Debt

The following table reflects payments on long-term debt (excluding capital lease obligations) through maturity:

	(Dollars in millions)
2017	$	3.5
2018	$	3.5
2019	$	3.5
2020	$	3.5
2021	$	3.5
Thereafter	$	331.7