Common Stock Repurchases

9 Months Ended

Aug. 31, 2019

Equity [Abstract]

Common Stock Repurchases

Common Stock Repurchases

In the three months ended August 31, 2019, we did not repurchase and retire any shares of our common stock. In the nine months ended August 31, 2019, we repurchased and retired 0.7 million shares for $25.0 million. In the three and nine months ended August 31, 2018, we repurchased and retired 0.5 million shares for $20.0 million and 2.6 million shares for $110.0 million, respectively. The shares were repurchased in all periods as part of our Board of Directors authorized share repurchase program.

In September 2017, our Board of Directors increased our total share repurchase authorization to $250.0 million. As of August 31, 2019, there was $75.0 million remaining under this current authorization.