Discontinued Operations (Tables)

6 Months Ended

12 Months Ended

May 31, 2013

Nov. 30, 2012

Summarized Financial Information for Discontinued Operations

Summarized financial information for discontinued operations is set forth below:


	Three months ended May 31,					Six months ended May 31,
	2013			2012		2013			2012
	(In millions)
Net sales	$	—		$	—	$	—		$	—
Income before income taxes		—			0.3		(0.1	)		0.3
Income tax (provision) benefit		(0.1	)		0.1		0.1			0.1
Net (loss) income from discontinued operations		(0.1	)		0.4		—			0.4

Summarized financial information for discontinued operations is set forth below:


	Year Ended
	2012		2011		2010
	(In millions)
Net sales	$	—	$	—	$	—
Income before income taxes(1)		2.6		—		0.7
Income tax benefit		0.5		—		0.1
Income from discontinued operations		3.1		—		0.8

(1)	Includes foreign currency transaction gains and (losses) of $0.4 million in fiscal 2012, ($0.3) million in fiscal 2011, and $1.7 million in fiscal 2010.

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

+ References+ Details