XML 28 R2.htm IDEA: XBRL DOCUMENT v3.3.1.900
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Nov. 30, 2015
Nov. 30, 2014
Current assets    
Cash and cash equivalents $ 1,937 $ 1,054
Accounts receivable, net 526 1,279
Factored accounts receivable, net 7,741 11,105
Inventories, net 12,919 25,354
Deferred income taxes, net 1,322 6,065
Prepaid expenses and other current assets 563 1,212
Current portion of assets held for sale   57,050
Total current assets 25,008 103,119
Property and equipment, net 381 2,897
Goodwill 8,394 8,394
Intangible assets 42,037 56,773
Deferred financing costs   1,611
Other assets 438 958
Assets held for sale, net of current portion   30,197
Total assets 76,258 203,949
Current liabilities    
Accounts payable and accrued expenses 18,913 11,651
Line of credit 4,235 31,338
Short-term debt   59,003
Buy-out payable-short term 1,668 3,277
Current liabilities held for sale   11,680
Total current liabilities 24,816 116,949
Convertible notes 27,469 24,733
Deferred income taxes, net 11,131 17,765
Deferred rent 1,738 1,579
Other liabilities 81 643
Long-term liabilities held for sale   1,283
Total liabilities $ 65,235 $ 162,952
Commitments and contingencies
Stockholders' equity    
Common stock, $0.10 par value: 100,000 shares authorized, 70,917 shares issued and 70,083 outstanding (2015) and 69,822 shares issued and 69,297 outstanding (2014) $ 7,094 $ 6,984
Additional paid-in capital 113,371 111,010
Accumulated deficit (106,007) (73,679)
Treasury stock, 834 shares (2015) and 524 shares (2014) (3,435) (3,318)
Total stockholders' equity 11,023 40,997
Total liabilities and stockholders' equity $ 76,258 $ 203,949