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Earnings Per Share and Stock Repurchase Activity (Tables)
6 Months Ended
May 31, 2014
Earnings Per Share and Stock Repurchase Activity [Abstract]  
Schedule of weighted average number of shares
The following table provides a reconciliation of the numerators and denominators utilized in the calculation of basic and diluted earnings per share.

 
 
Quarter Ended
 
Six Months Ended
 
 
May 31,
2014
 
June 1,
2013
 
May 31,
2014
 
June 1,
2013
Weighted average number of shares outstanding - Basic
 
50,513,588

 
49,826,567

 
50,488,651

 
49,830,634

Dilutive effect of stock-based arrangements
 
431,502

 
602,308

 
446,117

 
588,536

Weighted average number of shares outstanding - Diluted
 
50,945,090

 
50,428,875

 
50,934,768

 
50,419,170

 
 
 
 
 
 
 
 
 
Net earnings attributable to CLARCOR Inc.
 
$
34,552

 
$
33,051

 
$
58,873

 
$
56,513

 
 
 
 
 
 
 
 
 
Net earnings per share attributable to CLARCOR Inc. - Basic
 
$
0.68

 
$
0.66

 
$
1.17

 
$
1.13

Net earnings per share attributable to CLARCOR Inc. - Diluted
 
$
0.68

 
$
0.66

 
$
1.16

 
$
1.12

Schedule of additional information used in the calculation of earnings per share
The following table provides additional information regarding the calculation of earnings per share and stock repurchase activity.
 
 
Quarter Ended
 
Six Months Ended
 
 
May 31,
2014
 
June 1,
2013
 
May 31,
2014
 
June 1,
2013
Number of antidilutive options with exercise prices greater than the average market price excluded from the computation of dilutive earnings per share
 
450,200

 

 
445,825

 
249,019

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

 
$
11,400

 
$

 
$
17,364

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

 
224,100

 

 
346,100