XML 67 R45.htm IDEA: XBRL DOCUMENT v3.6.0.2
Fair Value Disclosures (Tables)
12 Months Ended
Nov. 30, 2016
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):
 
 
Fair Value Hierarchy
 
For the Years Ended November 30,
Description
 
 
2016
 
2015
Inventories (a)
 
Level 2
 
$
3,657

 
$

Inventories (a)
 
Level 3
 
37,329

 
11,988

(a)
Amounts represent the aggregate fair value for real estate assets impacted by inventory impairment charges during the applicable 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,
 
 
 
2016
 
2015
 
Fair Value Hierarchy
 
Carrying
Value
 
Estimated
Fair Value
 
Carrying
Value
 
Estimated
Fair Value
Financial Liabilities:
 
 
 
 
 
 
 
 
 
Senior notes (a)
Level 2
 
$
2,345,843

 
$
2,494,844

 
$
2,339,920

 
$
2,429,850

Convertible senior notes (a)
Level 2
 
227,379

 
223,675

 
226,170

 
211,313