Earnings Per Share

6 Months Ended

May 31, 2011

Earnings Per Share [Abstract]

Earnings Per Share

3. Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share for the three and six months ended May 31, 2010 and 2011 (in thousands, except share and per share amounts):

	Three Months Ended				Six Months Ended
	May 31,		May 31,		May 31,			May 31,
	2010		2011		2010			2011
Basic and diluted:
Income from continuing operations	$	10,262	$	11,873	$	35,749		$	33,308
Loss from discontinued operations		—		—		(47	)		—
Net income	$	10,262	$	11,873	$	35,702		$	33,308
Basic earnings per share denominator:
Weighted average shares outstanding		48,283,480		47,795,906		48,352,422			47,913,025
Basic earnings per share:
Income from continuing operations	$	0.21	$	0.25	$	0.74		$	0.70
Loss from discontinued operations		—		—		0.00			—
Net income	$	0.21	$	0.25	$	0.74		$	0.70
Diluted earnings per share denominator:
Weighted average shares outstanding		48,283,480		47,795,906		48,352,422			47,913,025
Common stock options		3,574		11,304		2,174			8,696
Diluted weighted average shares outstanding		48,287,054		47,807,210		48,354,596			47,921,721
Diluted earnings per share:
Income from continuing operations	$	0.21	$	0.25	$	0.74		$	0.70
Loss from discontinued operations		—		—		0.00			—
Net income	$	0.21	$	0.25	$	0.74		$	0.70
Anti-dilutive shares excluded in the computation of diluted earnings per share		259,827		256,254		265,708			262,676