Income Taxes (Tables)

12 Months Ended

Nov. 30, 2013

Income Tax Disclosure [Abstract]

Summary of income tax contingencies

The following is a reconciliation of the beginning and ending amount of gross unrecognized tax benefits for uncertain tax positions, including positions which impact only the timing of tax benefits for the years ended November 30, 2013, 2012 and 2011.

	2013			2012			2011
Unrecognized tax benefits at December 1,	$	2,209		$	3,015		$	2,783
Additions for current period tax positions	668			382			591
Reductions for current period tax positions	—			(37		)	—
Additions for prior period tax positions	—			—			—
Reductions for prior period tax positions	(40		)	(631		)	(193		)
Reductions for lapse of statue of limitations/settlements	(431		)	(460		)	(203		)
Changes in interest and penalties	(251		)	(60		)	37
Unrecognized tax benefits at November 30,	$	2,155		$	2,209		$	3,015

Schedule of provisions for income taxes

The provision for income taxes consisted of:

	2013			2012			2011
Current:
Federal	$	34,414		$	37,673		$	34,374
State	2,918			2,484			1,558
Foreign	9,096			10,228			11,784
Deferred:
Federal	8,676			8,763			9,196
State	(165		)	805			1,086
Foreign	1,011			(296		)	(1,051		)
	$	55,950		$	59,657		$	56,947

Schedule of earnings before income taxes and noncontrolling interests

Earnings before income taxes and noncontrolling interests included the following components:

	2013		2012		2011
Domestic income	$	141,224	$	145,433	$	139,840
Foreign income	33,076		37,564		41,468
	$	174,300	$	182,997	$	181,308

Schedule of effective tax rate breakdown

The provision for income taxes resulted in effective tax rates that differ from the statutory federal income tax rates.  The reasons for these differences are as follows:

	Percent of Pre-Tax Earnings
	2013		2012		2011
Statutory U.S. tax rates	35.0	%	35.0	%	35.0	%
State income taxes, net of federal benefit	1.0		1.4		1.3
Tax credits	(0.6	)	(0.1	)	(0.7	)
Foreign taxes at different rates, net of credits	(1.6	)	(2.0	)	(2.5	)
Domestic production activities deduction	(2.2	)	(2.6	)	(2.4	)
Other, net	0.5		0.9		0.7
	32.1	%	32.6	%	31.4	%

Components of net deferred tax liabilities

The components of the net deferred tax liability as of November 30, 2013 and 2012 were as follows:

	2013			2012
Deferred tax assets:
Deferred compensation	$	7,945		$	9,925
Loss carryforward and tax credit items	2,529			2,603
Accounts receivable	5,973			5,911
Inventories	5,000			5,062
Pensions	4,781			26,222
Accrued liabilities and other	1,219			1,403
Valuation allowance	(1,102		)	(1,911		)
Total deferred tax assets, net	26,345			49,215
Deferred tax liabilities:
Percentage of completion	(539		)	(366		)
Plant assets	(24,182		)	(25,708		)
Goodwill and acquired intangible assets	(40,380		)	(39,431		)
Other deferred tax liabilities	(345		)	(402		)
Total deferred tax liabilities	(65,446		)	(65,907		)
Deferred tax liability, net	$	(39,101	)	$	(16,692	)