EARNINGS PER SHARE (Tables)

12 Months Ended

Nov. 30, 2014

Computation of Basic and Diluted 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):



	2012		2013		2014
Numerator:
Net income	$	54,578	$	45,292	$	67,379
Denominator:
Weighted average shares outstanding	46,386,355		46,470,647		46,559,232
Common stock options	10,276		15,914		13,806
Diluted weighted average shares outstanding	46,396,631		46,486,561		46,573,038

Basic and diluted earnings per share	$	1.18	$	0.97	$	1.45

Anti-dilutive shares excluded in the computation of diluted earnings per share	231,496		143,656		121,462