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Stockholders' Equity (Tables)
6 Months Ended
May 31, 2020
Equity [Abstract]  
Summary of Changes in Stockholders’ Equity
A summary of changes in stockholders’ equity is presented below (in thousands):
 
Three Months Ended May 31, 2020 and 2019
 
Number of Shares
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Common
Stock
 
Grantor
Stock
Ownership
Trust
 
Treasury
Stock
 
Common Stock
 
Paid-in Capital
 
Retained Earnings
 
Accumulated Other Comprehensive Loss
 
Grantor Stock
Ownership Trust
 
Treasury Stock
 
Total Stockholders’ Equity
Balance at February 29, 2020
122,291

 
(7,317
)
 
(24,526
)
 
$
122,291

 
$
803,420

 
$
2,211,851

 
$
(17,149
)
 
$
(79,359
)
 
$
(597,950
)
 
$
2,443,104

Net income

 

 

 

 

 
51,989

 

 

 

 
51,989

Dividends on common stock

 

 

 

 

 
(8,098
)
 

 

 

 
(8,098
)
Employee stock options/other
11

 

 

 
11

 
167

 

 

 

 

 
178

Stock awards
68

 

 

 
68

 
(68
)
 

 

 

 

 

Stock-based compensation

 

 

 

 
3,181

 

 

 

 

 
3,181

Balance at May 31, 2020
122,370

 
(7,317
)
 
(24,526
)
 
$
122,370

 
$
806,700

 
$
2,255,742

 
$
(17,149
)
 
$
(79,359
)
 
$
(597,950
)
 
$
2,490,354

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance at February 28, 2019
119,258

 
(7,860
)
 
(24,264
)
 
$
119,258

 
$
755,341

 
$
1,936,523

 
$
(9,565
)
 
$
(85,246
)
 
$
(587,814
)
 
$
2,128,497

Net income

 

 

 

 

 
47,461

 

 

 

 
47,461

Dividends on common stock

 

 

 

 

 
(2,189
)
 

 

 

 
(2,189
)
Employee stock options/other
1,036

 

 

 
1,036

 
14,594

 

 

 

 

 
15,630

Stock awards
56

 

 

 
56

 
(56
)
 

 

 

 

 

Stock-based compensation

 

 

 

 
5,814

 

 

 

 

 
5,814

Tax payments associated with stock-based compensation awards

 

 

 

 

 

 

 

 
(3
)
 
(3
)
Balance at May 31, 2019
120,350

 
(7,860
)
 
(24,264
)
 
$
120,350

 
$
775,693

 
$
1,981,795

 
$
(9,565
)
 
$
(85,246
)
 
$
(587,817
)
 
$
2,195,210

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Six Months Ended May 31, 2020 and 2019
 
Number of Shares
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Common
Stock
 
Grantor
Stock
Ownership
Trust
 
Treasury
Stock
 
Common Stock
 
Paid-in Capital
 
Retained Earnings
 
Accumulated Other Comprehensive Loss
 
Grantor Stock
Ownership Trust
 
Treasury Stock
 
Total Stockholders’ Equity
Balance at November 30, 2019
121,593

 
(7,631
)
 
(24,356
)
 
$
121,593

 
$
793,954

 
$
2,157,183

 
$
(15,506
)
 
$
(82,758
)
 
$
(591,344
)
 
$
2,383,122

Cumulative effect of adoption of ASC 842

 

 

 

 

 
1,510

 

 

 

 
1,510

Reclassification of stranded tax effects (ASU 2018-02)

 

 

 

 

 
1,643

 
(1,643
)
 

 

 

Net income

 

 

 

 

 
111,737

 

 

 

 
111,737

Dividends on common stock

 

 

 

 

 
(16,331
)
 

 

 

 
(16,331
)
Employee stock options/other
709

 

 

 
709

 
7,695

 

 

 

 

 
8,404

Stock awards
68

 
314

 
(15
)
 
68

 
(3,080
)
 

 

 
3,399

 
(387
)
 

Stock-based compensation

 

 

 

 
8,131

 

 

 

 

 
8,131

Tax payments associated with stock-based compensation awards

 

 
(155
)
 

 

 

 

 

 
(6,219
)
 
(6,219
)
Balance at May 31, 2020
122,370

 
(7,317
)
 
(24,526
)
 
$
122,370

 
$
806,700

 
$
2,255,742

 
$
(17,149
)
 
$
(79,359
)
 
$
(597,950
)
 
$
2,490,354

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance at November 30, 2018
119,196

 
(8,157
)
 
(24,113
)
 
$
119,196

 
$
753,570

 
$
1,897,168

 
$
(9,565
)
 
$
(88,472
)
 
$
(584,397
)
 
$
2,087,500

Cumulative effect of adoption of ASC 606

 

 

 

 

 
11,610

 

 

 

 
11,610

Net income

 

 

 

 

 
77,472

 

 

 

 
77,472

Dividends on common stock

 

 

 

 

 
(4,455
)
 

 

 

 
(4,455
)
Employee stock options/other
1,098

 

 

 
1,098

 
15,364

 

 

 

 

 
16,462

Stock awards
56

 
297

 
(4
)
 
56

 
(3,207
)
 

 

 
3,226

 
(75
)
 

Stock-based compensation

 

 

 

 
9,966

 

 

 

 

 
9,966

Tax payments associated with stock-based compensation awards

 

 
(147
)
 

 

 

 

 

 
(3,345
)
 
(3,345
)
Balance at May 31, 2019
120,350

 
(7,860
)
 
(24,264
)
 
$
120,350

 
$
775,693

 
$
1,981,795

 
$
(9,565
)
 
$
(85,246
)
 
$
(587,817
)
 
$
2,195,210