XML 61 R43.htm IDEA: XBRL DOCUMENT v3.3.1.900
Earnings Per Share and Stock Repurchase Activity (Tables)
12 Months Ended
Nov. 28, 2015
Earnings Per Share and Stock Repurchase Activity [Abstract]  
Schedule of weighted average number of shares
The following table provides a reconciliation of the denominators utilized in the calculation of basic and diluted earnings per share:

 
2015
 
2014
 
2013
Weighted average number of shares outstanding
49,981,118

 
50,405,549

 
49,988,577

Dilutive effect of stock-based arrangements
448,336

 
465,700

 
550,370

Weighted average number of diluted shares outstanding
50,429,454

 
50,871,249

 
50,538,947

 
 
 
 
 
 
Net earnings attributable to CLARCOR Inc.
$
134,704

 
$
144,084

 
$
118,076

 
 
 
 
 
 
Net earnings per common share attributable to CLARCOR Inc. - Basic
$
2.70

 
$
2.86

 
$
2.36

Net earnings per common share attributable to CLARCOR Inc. - Diluted
$
2.67

 
$
2.83

 
$
2.34

Additional information earnings per share and stock repurchase activity
The following table provides additional information regarding the calculation of earnings per share and stock repurchase activity.
 
2015
 
2014
 
2013
Number of antidilutive options with exercise prices greater than the average market price excluded from the computation of dilutive earnings per share
733,413

 
441,033

 
125,135

Common stock repurchased and retired pursuant to the Company's stock repurchase program
$
70,777

 
$
32,822

 
$
27,708

Number of shares repurchased and retired pursuant to the Company's stock repurchase program
1,331,941

 
535,703

 
534,100