Stockholders' Equity (Tables)

9 Months Ended

Aug. 31, 2023

Equity [Abstract]

Schedule of Changes in Stockholders’ Equity

A summary of changes in stockholders’ equity is presented below (in thousands):

	Three Months Ended August 31, 2023 and 2022
	Number of Shares
	Common Stock	Grantor Stock Ownership Trust	Treasury Stock	Common Stock		Paid-in Capital		Retained Earnings		Accumulated Other Comprehensive Loss		Grantor Stock Ownership Trust		Treasury Stock		Total Stockholders’ Equity
Balance at May 31, 2023	101,019	(6,705)	(13,704)	$	101,019	$	830,765	$	3,407,813	$	(5,575)	$	(72,718)	$	(494,822)	$	3,766,482
Net income	—	—	—	—		—		149,933		—		—		—		149,933
Dividends on common stock	—	—	—	—		—		(15,928)		—		—		—		(15,928)
Employee stock options/other	240	—	—	240		3,358		—		—		—		—		3,598
Stock-based compensation	—	—	—	—		9,248		—		—		—		—		9,248
Stock repurchases	—	—	(1,531)	—		—		—		—		—		(83,205)		(83,205)
Balance at August 31, 2023	101,259	(6,705)	(15,235)	$	101,259	$	843,371	$	3,541,818	$	(5,575)	$	(72,718)	$	(578,027)	$	3,830,128
Balance at May 31, 2022	100,711	(6,705)	(6,840)	$	100,711	$	834,883	$	2,697,149	$	(19,119)	$	(72,718)	$	(249,911)	$	3,290,995
Net income	—	—	—	—		—		255,329		—		—		—		255,329
Dividends on common stock	—	—	—	—		—		(12,772)		—		—		—		(12,772)
Stock-based compensation	—	—	—	—		7,056		—		—		—		—		7,056
Stock repurchases	—	—	(1,582)	—		—		—		—		—		(50,000)		(50,000)
Balance at August 31, 2022	100,711	(6,705)	(8,422)	$	100,711	$	841,939	$	2,939,706	$	(19,119)	$	(72,718)	$	(299,911)	$	3,490,608
	Nine Months Ended August 31, 2023 and 2022
	Number of Shares
	Common Stock	Grantor Stock Ownership Trust	Treasury Stock	Common Stock		Paid-in Capital		Retained Earnings		Accumulated Other Comprehensive Loss		Grantor Stock Ownership Trust		Treasury Stock		Total Stockholders’ Equity
Balance at November 30, 2022	100,711	(6,705)	(10,016)	$	100,711	$	836,260	$	3,143,578	$	(5,575)	$	(72,718)	$	(341,461)	$	3,660,795
Net income	—	—	—	—		—		439,875		—		—		—		439,875
Dividends on common stock	—	—	—	—		—		(41,635)		—		—		—		(41,635)
Employee stock options/other	548	—	—	548		8,060		—		—		—		—		8,608
Stock awards	—	—	717	—		(24,883)		—		—		—		24,883		—
Stock-based compensation	—	—	—	—		23,934		—		—		—		—		23,934
Stock repurchases	—	—	(5,659)	—		—		—		—		—		(251,701)		(251,701)
Tax payments associated with stock-based compensation awards	—	—	(277)	—		—		—		—		—		(9,748)		(9,748)
Balance at August 31, 2023	101,259	(6,705)	(15,235)	$	101,259	$	843,371	$	3,541,818	$	(5,575)	$	(72,718)	$	(578,027)	$	3,830,128
Balance at November 30, 2021	100,711	(6,705)	(5,785)	$	100,711	$	848,620	$	2,379,364	$	(19,119)	$	(72,718)	$	(217,383)	$	3,019,475
Net income	—	—	—	—		—		600,256		—		—		—		600,256
Dividends on common stock	—	—	—	—		—		(39,914)		—		—		—		(39,914)
Stock awards	—	—	785	—		(29,625)		—		—		—		29,625		—
Stock-based compensation	—	—	—	—		22,944		—		—		—		—		22,944
Stock repurchases	—	—	(3,102)	—		—		—		—		—		(100,000)		(100,000)
Tax payments associated with stock-based compensation awards	—	—	(320)	—		—		—		—		—		(12,153)		(12,153)
Balance at August 31, 2022	100,711	(6,705)	(8,422)	$	100,711	$	841,939	$	2,939,706	$	(19,119)	$	(72,718)	$	(299,911)	$	3,490,608