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Fair Value Disclosures (Tables)
12 Months Ended
Nov. 30, 2014
Fair Value Disclosures [Abstract]  
Assets measured at fair value on a nonrecurring basis
The following table presents the fair value hierarchy and our assets measured at fair value on a nonrecurring basis (in thousands):
 
 
For the Years Ended November 30,
Description
 
Fair Value Hierarchy
 
2014 (a)
 
2013 (a)
Inventories
 
Level 2
 
$
6,421

 
$

Inventories
 
Level 3
 
24,174

 
1,143

(a)
Amounts represent the aggregate fair value for real estate assets impacted by inventory impairment charges during the period, as of the date that the fair value measurements were made. The carrying value for these real estate assets may have subsequently increased or decreased from the fair value reflected due to activity that has occurred since the measurement date.
Carrying values and estimated fair values of financial instruments
The following table presents the fair value hierarchy, carrying values and estimated fair values of our financial instruments, except those for which the carrying values approximate fair values (in thousands):
 
 
 
November 30,
 
 
 
2014
 
2013
 
Fair Value Hierarchy
 
Carrying
Value
 
Estimated
Fair Value
 
Carrying
Value
 
Estimated
Fair Value
Financial Liabilities:
 
 
 
 
 
 
 
 
 
Senior notes
Level 2
 
$
2,308,275

 
$
2,468,852

 
$
1,906,883

 
$
2,069,325

1.375% Convertible senior notes
Level 2
 
230,000

 
229,713

 
230,000

 
224,825