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Subsequent Events
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9 Months Ended |
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Aug. 31, 2013
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| Subsequent Events [Abstract] | |
| SUBSEQUENT EVENTS |
SUBSEQUENT EVENTS
On September 26, 2013, the Company began executing a reduction in work force to reduce overhead in the wake of recent declining sales. As of October 15, 2013, a total of 33 positions were eliminated which represent approximately $2,318,000 of annualized personnel costs.
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- Details
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- Definition
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. No definition available.
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