Earnings per Share
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Nov. 30, 2013
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Earnings per Share | Note 4 – Earnings per Share
We compute basic earnings per share using the weighted average number of shares of common stock outstanding during the period and diluted earnings per share using basic earnings per share plus the effect of dilutive securities. Our securities that can have dilutive effects consist of outstanding options to purchase common stock and issued and contingently issuable unvested restricted share units and awards. See Note 14 to these consolidated condensed financial statements for more information regarding these restricted share units and awards. Options for common stock are excluded from the computation of diluted earnings per share if their effect is antidilutive.
For the periods covered in the accompanying consolidated condensed statements of income, the basic and diluted shares are as follows:
WEIGHTED AVERAGE DILUTED SECURITIES (in thousands)
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