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Compensation Plans (Tables)
3 Months Ended
Feb. 28, 2013
Activity of Restricted Stock

The following table details the activity of restricted stock (in thousands, except per share amounts):

 

     Three Months Ended
February 28, 2013
    Weighted
Average Grant
Date Fair Value
 

Restricted stock

    

Balance, beginning of period

     8,058      $ 17.59   

Grants

     1,591      $ 18.25   

Forfeited

     (138   $ 17.20   

Fulfillment of service requirement

     (999   $ 17.69   
  

 

 

   

Balance, end of period (1)

     8,512      $ 17.71   
  

 

 

   

 

(1) Represents restricted stock with a future service requirement.
Activity of Restricted Stock Units

The following table details the activity of restricted stock units (in thousands, except per share amounts):

 

     Three Months Ended
February 28, 2013
    Weighted
Average Grant
Date Fair Value
 
     Future
Service
Required
    No Future
Service
Required
    Future
Service
Required
     No Future
Service
Required
 

Restricted stock units

         

Balance, beginning of period

     9,216        16,656      $ 18.67       $ 12.79   

Grants

     —          83  (1)    $ —         $ 15.78   

Distribution of underlying shares

     —          (7,711   $ —         $ 18.01   

Fulfillment of service requirement

     (2,837     2,837      $ 25.54       $ 25.54   
  

 

 

   

 

 

      

Balance, end of period

     6,379        11,865      $ 15.60       $ 12.46   
  

 

 

   

 

 

      

 

(1) Includes approximately 83,000 dividend equivalents declared on RSUs during the three months ended February 28, 2013. The weighted average grant date fair value of these dividend equivalents was approximately $15.78.