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Debt (Tables)
3 Months Ended
Feb. 28, 2013
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

 















 

 

February 28, 2013

 

May 31, 2012

 

February 29, 2012

 









 

Lines of Credit

 

$

1.8

 

$

1.8

 

$

6.5

 

$

6.5

 

$

12.6

 

$

12.6

 

Loan Agreement:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revolving Loan

 

 

 

 

 

 

 

 

 

 

 

 

 

Term Loan

 

 

 

 

 

 

 

 

 

 

 

 

 

5% Notes due 2013, net of discount

 

 

153.0

 

 

153.0

 

 

152.8

 

 

155.4

 

 

152.7

 

 

158.5

 





















 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total debt

 

$

154.8

 

$

154.8

 

$

159.3

 

$

161.9

 

$

165.3

 

$

171.1

 





















 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

(1.8

)

 

(1.8

)

 

(6.5

)

 

(6.5

)

 

(12.6

)

 

(12.6

)





















 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total long-term debt

 

$

153.0

 

$

153.0

 

$

152.8

 

$

155.4

 

$

152.7

 

$

158.5

 





















 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lines of Credit weighted average interest rate

 

 

8.9

%

 

 

 

 

5.3

%

 

 

 

 

4.7

%

 

 

 





















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 February 28, 2013, for the twelve-month period ending February 28

 

 

 

 

 

2014

 

$

1.8

 

2015

 

$

 

2016

 

$

 

2017

 

$

 

2018

 

$

153.0

 






Total debt

 

$

154.8