XML 60 R48.htm IDEA: XBRL DOCUMENT v3.23.2
Earnings Per Share (Basic and Diluted Earnings Per Share) (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
May 31, 2023
May 31, 2022
May 31, 2023
May 31, 2022
Numerator:        
Net income $ 164,442 $ 210,670 $ 289,942 $ 344,927
Less: Distributed earnings allocated to nonvested restricted stock (91) (64) (176) (129)
Less: Undistributed earnings allocated to nonvested restricted stock (1,119) (957) (1,866) (1,539)
Numerator for basic earnings per share 163,232 209,649 287,900 343,259
Add: Undistributed earnings allocated to nonvested restricted stock 1,119 957 1,866 1,539
Less: Undistributed earnings reallocated to nonvested restricted stock (1,085) (931) (1,811) (1,495)
Numerator for diluted earnings per share $ 163,266 $ 209,675 $ 287,955 $ 343,303
Denominator:        
Weighted average shares outstanding — basic (in shares) 81,764 87,858 82,607 88,069
Effect of dilutive securities: Share-based payments (in shares) 2,542 2,458 2,534 2,621
Weighted average shares outstanding — diluted (in shares) 84,306 90,316 85,141 90,690
Basic earnings per share (in dollars per share) $ 2.00 $ 2.39 $ 3.49 $ 3.90
Diluted earnings per share (in dollars per share) $ 1.94 $ 2.32 $ 3.38 $ 3.79
Antidilutive securities excluded from computation of earnings per share (in shares) 0 0 0 0