Financial Instruments and Fair Value Measurements (Tables)

12 Months Ended

Nov. 30, 2018

Fair Value, by Balance Sheet Grouping [Table Text Block]

The fair value of derivative financial instruments recognized in the Consolidated Statements of Financial Position are as follows:



	Notional Amount		Other Current Assets		Other Current Liabilities		Type of Hedge	Term
	(Dollars in millions)
Derivatives - November 30, 2019
Foreign currency exchange contracts	$	16.6	$	—	$	—	Cash Flow	30 days
Total	$	16.6	$	—	$	—

Derivatives - November 30, 2018
Foreign currency exchange contracts	$	16.5	$	0.1	$	—	Cash Flow	30 days
Total	$	16.5	$	0.1	$	—

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

The Company uses the market approach and the income approach to value assets and liabilities as appropriate. The model uses Level 2 market observable inputs including currency spot prices. The following financial assets and liabilities are measured and presented at fair value on a recurring basis as of November 30, 2019 and November 30, 2018:



	Fair Value		Level 1		Level 2		Level 3
	(Dollars in millions)
Fair Value Measurements - November 30, 2019
Financial Assets
Foreign currency exchange contracts	$	—	$	—	$	—	$	—
Total Assets	$	—	$	—	$	—	$	—

Financial Liabilities
Contingent consideration	$	—	$	—	$	—	$	—
Total Liabilities	$	—	$	—	$	—	$	—

Fair Value Measurements - November 30, 2018
Financial Assets
Foreign currency exchange contracts	$	0.1	$	—	$	0.1	$	—
Total Assets	$	0.1	$	—	$	0.1	$	—

Financial Liabilities
Contingent Consideration	$	0.6	$	—	$	—	$	0.6
Total Liabilities	$	0.6	$	—	$	—	$	0.6

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

The following table summarizes changes in fair value of contingent consideration classified as Level 3:



	(Dollars in millions)
Balance November 30, 2017	$	1.0
Adjustments	0.1
Payments	(0.5		)
Balance November 30, 2018	0.6
Adjustments	(0.6		)
Balance November 30, 2019	$	—