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Earnings Per Share and Stock Repurchase Activity (Tables)
6 Months Ended
May 28, 2016
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 28,
2016
 
May 30,
2015
 
May 28,
2016
 
May 30,
2015
Weighted average number of shares outstanding - Basic
 
48,714,109

 
50,209,215

 
48,758,579

 
50,232,565

Dilutive effect of stock-based arrangements
 
439,515

 
581,983

 
370,395

 
559,275

Weighted average number of shares outstanding - Diluted
 
49,153,624

 
50,791,198

 
49,128,974

 
50,791,840

 
 
 
 
 
 
 
 
 
Net earnings attributable to CLARCOR Inc.
 
$
53,354

 
$
38,497

 
$
74,517

 
$
65,206

 
 
 
 
 
 
 
 
 
Net earnings per share attributable to CLARCOR Inc. - Basic
 
$
1.10

 
$
0.77

 
$
1.53

 
$
1.30

Net earnings per share attributable to CLARCOR Inc. - Diluted
 
$
1.09

 
$
0.76

 
$
1.52

 
$
1.28

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 28,
2016
 
May 30,
2015
 
May 28,
2016
 
May 30,
2015
Number of antidilutive options with exercise prices greater than the average market price excluded from the computation of dilutive earnings per share
 
716,803

 

 
944,278

 

Common stock repurchased and retired pursuant to the Company's stock repurchase program
 
$
7,205

 
$
8,161

 
$
38,211

 
$
16,110

Number of shares repurchased and retired pursuant to the Company's stock repurchase program
 
128,000

 
126,000

 
797,604

 
248,000