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EARNINGS PER SHARE (Notes)
12 Months Ended
Nov. 30, 2013
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
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):
 
 
 
2011
 
2012
 
2013
Numerator:
 
 
 
 
 
 
Net income
 
$
69,424

 
$
54,578

 
$
45,292

Denominator:
 
 
 
 
 
 
Weighted average shares outstanding
 
47,602,574

 
46,386,355

 
46,470,647

Common stock options
 
8,605

 
10,276

 
15,914

Diluted weighted average shares outstanding
 
47,611,179

 
46,396,631

 
46,486,561

 
 
 
 
 
 
 
Basic and diluted earnings per share
 
$
1.46

 
$
1.18

 
$
0.97

 
 
 
 
 
 
 
Anti-dilutive shares excluded in the computation of diluted earnings per share
 
254,945

 
231,496

 
143,656