LONG-TERM DEBT (Tables)

12 Months Ended

Nov. 30, 2015

Debt Disclosure [Abstract]

Long-Term Debt

Long-term debt consists of the following as of November 30, (in thousands):

	2014		2015
4.63 percent Senior Notes	$	65,000	$	65,000
3.95 percent Senior Notes	100,000		100,000
4.82 percent Revenue Bonds	339		—
6.25 percent Term Loan	49,524		48,726
TIF bond debt service funding commitment	56,883		54,646
Revolving Credit Facility	—		—
	271,746		268,372
Less: current portion	3,435		3,408
	$	268,311	$	264,964

Schedule of Payments

Schedule of Payments (in thousands)

For the year ending November 30:
2016	$	3,408
2017	3,738
2018	4,091
2019	4,522
2020	5,326
Thereafter	247,741
	268,826
Net premium	(454		)
Total	$	268,372

Total Interest Expense Incurred

Total interest expense incurred by the Company for the years ended November 30, are as follows (in thousands):

	2013		2014		2015
Interest expense	$	16,576	$	16,479	$	16,286
Less: capitalized interest	1,355		7,297		6,704
Net interest expense	$	15,221	$	9,182	$	9,582