Discontinued Operations
 9 Months Ended
Aug. 31, 2016
Discontinued Operations [Abstract]  
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]
Discontinued Operations

In November 2015, we launched a sales process to divest our OE&RM and GlobalSpec product groups, which were components of our CMS segment, due to a portfolio evaluation where we determined that those product groups no longer aligned with our strategic goals. We sold both businesses in the second quarter of 2016 for approximately $190.2 million. The OE&RM sale has a contingent earnout provision of $35.0 million that will be evaluated throughout 2016. The net gain on sale for these two product groups was approximately $0.3 million. We entered into transition services agreements (TSAs) with each of the buyers to facilitate an orderly transition process. The results of these product groups have been classified as discontinued operations in the accompanying financial statements and footnotes.

Operating results for discontinued operations for the three and nine months ended August 31, 2016 and 2015 were as follows (in millions):
 
Three months ended August 31,
 
Nine months ended August 31,
 
2016
 
2015
 
2016
 
2015
Revenue
$
—

 
$
30.1

 
$
53.5

 
$
97.0

 
 
 
 
 
 
 
 
Income (loss) from discontinued operations before income taxes
$
(1.6
)
 
$
3.7

 
$
55.6

 
$
12.8

Tax expense
0.6

 
(1.4
)
 
(47.6
)
 
(4.7
)
Income (loss) from discontinued operations, net
$
(1.0
)
 
$
2.3

 
$
8.0

 
$
8.1



Assets and liabilities from discontinued operations related to the divestiture of the GlobalSpec and OE&RM product groups consisted of the following amounts (in millions):
 
 
At disposal date
 
November 30, 2015
Current assets
 
$
2.5

 
$
19.5

Property and equipment, net
 
20.3

 
16.4

Intangible assets, net
 
58.8

 
58.3

Goodwill
 
103.3

 
99.2

Total assets
 
$
184.9

 
$
193.4

 
 
 
 
 
Current liabilities
 
$
0.6

 
$
1.3

Deferred revenue
 
26.5

 
19.6

Deferred income taxes
 
11.8

 
11.2

Total liabilities
 
$
38.9

 
$
32.1