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Earnings Per Share
12 Months Ended
Nov. 30, 2016
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
 
The following table sets forth the computation of earnings per common share and earnings per common share—assuming dilution, and does not include participating securities for any year (in millions, except per share amounts):
 
Years Ended November 30,
 
2016
 
2015
 
2014
Numerator
 
 
 
 
 
(Loss) income from continuing operations
$
(.4
)
 
$
(18.7
)
 
$
12.1

Income (loss) from discontinued operations, net of tax

 
.9

 
(.6
)
Net (loss) income
$
(.4
)
 
$
(17.8
)
 
$
11.5

 
 
 
 
 
 
Denominator (shares in millions)
 
 
 
 
 
Denominator for basic earnings per share - weighted average shares outstanding
44.0

 
45.3

 
46.3

Effect of dilutive securities

 
0.4

 
0.8

Denominator for dilutive earnings per share - adjusted weighted average shares and assumed conversions
44.0

 
45.7

 
47.1

 
 
 
 
 
 
Basic and Diluted Income (Loss) Per Share
 
 
 
 
 
(Loss) income from continuing operations
$
(.01
)
 
$
(.41
)
 
$
.26

Income (loss) from discontinued operations, net of tax
$

 
$
.02

 
$
(.01
)
Net (loss) income
$
(.01
)
 
$
(.39
)
 
$
.25



Anti-dilutive share equivalents related to share-based incentive compensation are excluded from the computation of dilutive weighted-average shares. Anti-dilutive options to purchase common stock and unearned restricted stock of the Company consisted of 1.0 million, 0.9 million and 0.1 million shares during 2016, 2015 and 2014, respectively.