XML 39 R37.htm IDEA: XBRL DOCUMENT v2.4.0.6
Earnings Per Share and Stock Repurchase Activity (Tables)
12 Months Ended
Dec. 01, 2012
Earnings Per Share and Stock Repurchase Activity [Abstract]  
Schedule of Weighted Average Number of Shares [Table Text Block]
The following table provides a reconciliation of the denominators utilized in the calculation of basic and diluted earnings per share:

 
2012
 
2011
 
2010
Weighted average number of shares outstanding
50,285,480

 
50,501,842

 
50,678,617

Dilutive effect of stock-based arrangements
596,711

 
689,593

 
477,612

Weighted average number of diluted shares outstanding
50,882,191

 
51,191,435

 
51,156,229

 
 
 
 
 
 
Net earnings attributable to CLARCOR Inc.
$
122,986

 
$
124,003

 
$
96,081

 
 
 
 
 
 
Net earnings per common share attributable to CLARCOR Inc. - Basic
$
2.45

 
$
2.46

 
$
1.90

Net earnings per common share attributable to CLARCOR Inc. - Diluted
$
2.42

 
$
2.42

 
$
1.88

Additional Information Earnings Per Share and Stock Repurchase Activity [Table Text Block]
The following table provides additional information regarding the calculation of earnings per share and stock repurchase activity.
 
2012
 
2011
 
2010
Number of antidilutive options with exercise prices greater than the average market price excluded from the computation of dilutive earnings per share
508,167

 
60,000

 
646,349

Common stock repurchased and retired pursuant to the Company's stock repurchase program
$
37,320

 
$
29,317

 
$
16,277

Number of shares repurchased and retired pursuant to the Company's stock repurchase program
792,881

 
683,776

 
445,991