Net Income Per Share (Tables)

3 Months Ended

Feb. 28, 2017

Earnings Per Share [Abstract]

Summary of Net Income Per Share

Accordingly, basic and diluted net income per share for the three months ended February 28, 2017 and February 29, 2016, respectively was as follows:

	Three Months Ended
	February 28,		February 29,
(in thousands, except per share amounts)	2017		2016
Basic net income per share:
Numerator:
Net income attributable to Class A shareholders	$	861	$	5,308
Denominator:
Basic weighted-average shares		28,073		20,007
Basic net income per share	$	0.03	$	0.27
Diluted net income per share:
Numerator:
Net income attributable to Class A shareholders	$	861	$	5,308
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		514		4,112
	$	1,375	$	9,420
Denominator:
Basic weighted-average  shares		28,073		20,007
Effect of dilutive securities:
Class B shares (1)		15,500		15,500
Diluted weighted-average shares		43,573		35,507
Diluted net income per share	$	0.03	$	0.27

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