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Earnings Per Share and Stock Repurchase Activity (Tables)
9 Months Ended
Aug. 29, 2015
Earnings Per Share and Stock Repurchase Activity [Abstract]  
Schedule of weighted average number of shares
The following table provides a reconciliation of the numerators and denominators utilized in the calculation of basic and diluted earnings per share.
 
 
Quarter Ended
 
Nine Months Ended
 
 
August 29,
2015
 
August 30,
2014
 
August 29,
2015
 
August 30,
2014
Weighted average number of shares outstanding - Basic
 
50,099,852

 
50,395,007

 
50,188,327

 
50,457,436

Dilutive effect of stock-based arrangements
 
425,197

 
486,587

 
513,163

 
459,584

Weighted average number of shares outstanding - Diluted
 
50,525,049

 
50,881,594

 
50,701,490

 
50,917,020

 
 
 
 
 
 
 
 
 
Net earnings attributable to CLARCOR Inc.
 
$
36,445

 
$
41,703

 
$
101,651

 
$
100,576

 
 
 
 
 
 
 
 
 
Net earnings per share attributable to CLARCOR Inc. - Basic
 
$
0.73

 
$
0.83

 
$
2.03

 
$
1.99

Net earnings per share attributable to CLARCOR Inc. - Diluted
 
$
0.72

 
$
0.82

 
$
2.00

 
$
1.98

Schedule of additional information used in the calculation of earnings per share
The following table provides additional information regarding the calculation of earnings per share and stock repurchase activity.
 
 
Quarter Ended
 
Nine Months Ended
 
 
August 29,
2015
 
August 30,
2014
 
August 29,
2015
 
August 30,
2014
Number of antidilutive options with exercise prices greater than the average market price excluded from the computation of dilutive earnings per share
 
730,150

 
431,450

 
730,150

 
441,003

Common stock repurchased and retired pursuant to the Company's stock repurchase program
 
$
14,086

 
$
21,959

 
$
30,196

 
$
21,959

Number of shares repurchased and retired pursuant to the Company's stock repurchase program
 
233,000

 
362,502

 
481,000

 
362,502