Net Income Per Share (Tables)

9 Months Ended

Aug. 31, 2016

Earnings Per Share [Abstract]

Summary of Net Income Per Share

Accordingly, basic and diluted net income per share for the three and nine months ended August 31, 2016 and the three and eight months ended August 31, 2015, respectivly, was as follows:

	ThreeMonths Ended				Nine Months Ended		Eight Months Ended
	August 31,		August 31,		August 31,		August 31,
(in thousands, except per share amounts)	2016		2015		2016		2015
Basic net income per share:
Numerator:
Net income attributable to Class A shareholders	$	7,593	$	1,033	$	22,923	$	1,033
Denominator:
Basic weighted-average shares		20,015		20,002		20,011		20,002
Basic net income per share	$	0.38	$	0.05	$	1.15	$	0.05
Diluted net income per share:
Numerator:
Net income attributable to Class A shareholders	$	7,593	$	1,033	$	22,923	$	1,033
Add: Additional net income attributable to    Class A shares due to increased percentage    ownership in OpCo, net of tax, from the    conversion of Class B shares		5,985		757		17,897		757
	$	13,578	$	1,790	$	40,820	$	1,790
Denominator:
Basic weighted-average  shares		20,015		20,002		20,011		20,002
Effect of dilutive securities:
Class B shares (1)		15,500		14,413		15,500		14,413
Diluted weighted-average shares		35,515		34,415		35,511		34,415
Diluted net income per share	$	0.38	$	0.05	$	1.15	$	0.05

(1) Up to the amount of OpCo common units held by Sponsors