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Debt (Tables)
3 Months Ended
Nov. 30, 2012
Schedule of Debt [Table Text Block] The following table summarizes debt as of the dates indicated:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 















 

 

Carrying
Value

 

Fair Value

 

Carrying
Value

 

Fair Value

 

Carrying
Value

 

Fair Value

 















 

 

November 30, 2012

 

May 31, 2012

 

November 30, 2011

 









 

Lines of Credit (weighted average interest rates of 4.7%, 5.3% and 3.7%, respectively)

 

$

0.7

 

$

0.7

 

$

6.5

 

$

6.5

 

$

5.7

 

$

5.7

 

Loan Agreement:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revolving Loan

 

 

 

 

 

 

 

 

 

 

 

 

 

Term Loan

 

 

 

 

 

 

 

 

 

 

 

 

 

5% Notes due 2013, net of discount

 

 

152.9

 

 

155.1

 

 

152.8

 

 

155.4

 

 

152.7

 

 

153.8

 





















 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total debt

 

$

153.6

 

$

155.8

 

$

159.3

 

$

161.9

 

$

158.4

 

$

159.5

 





















 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Less lines of credit, short-term debt and current portion of long-term debt

 

 

(0.7

)

 

(0.7

)

 

(6.5

)

 

(6.5

)

 

(5.7

)

 

(5.7

)





















 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total long-term debt

 

$

152.9

 

$

155.1

 

$

152.8

 

$

155.4

 

$

152.7

 

$

153.8

 





















Schedule of Maturities of Long-term Debt [Table Text Block] The following table sets forth the maturities of the Company’s debt obligations as of November 30, 2012, for the twelve-month periods ending November 30,

 

 

 

 

 

2013

 

$

0.7

 

2014

 

 

152.9

 






Total debt

 

$

153.6