EARNINGS PER SHARE

12 Months Ended

Nov. 30, 2012

EARNINGS PER SHARE

NOTE 2 — EARNINGS PER SHARE

The following table sets forth the computation of basic and diluted earnings per share for the years ended November 30, (in thousands, except share and per share amounts):

	2010			2011		2012
Basic and diluted:
Income from continuing operations	$	54,578		$	69,424	$	54,578
Loss from discontinued operations	(47		)	—		—
Net income	$	54,531		$	69,424	$	54,578
Basic earnings per share denominator:
Weighted average shares outstanding	48,242,555			47,602,574		46,386,355
Basic earnings per share:
Income from continuing operations	$	1.13		$	1.46	$	1.18
Loss from discontinued operations	0.00			—		—
Net income	$	1.13		$	1.46	$	1.18
Diluted earnings per share denominator:
Weighted average shares outstanding	48,242,555			47,602,574		46,386,355
Common stock options	—			8,605		10,276
Diluted weighted average shares outstanding	48,242,555			47,611,179		46,396,631
Diluted earnings per share:
Income from continuing operations	$	1.13		$	1.46	$	1.18
Loss from discontinued operations	—			—		—
Net income	$	1.13		$	1.46	$	1.18
Anti-dilutive shares excluded in the computation of diluted earnings per share	271,494			254,945		231,496