Stockholders' Equity (Tables)

9 Months Ended

Aug. 31, 2022

Equity [Abstract]

Summary of Changes in Stockholders’ Equity

A summary of changes in stockholders’ equity is presented below (in thousands):

	Three Months Ended August 31, 2022 and 2021
	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 May 31, 2022	100,711	(6,705)	(6,840)	$	100,711	$	834,883	$	2,697,149	$	(19,119)	$	(72,718)	$	(249,911)	$	3,290,995
Net income	—	—	—	—		—		255,329		—		—		—		255,329
Dividends on common stock	—	—	—	—		—		(12,772)		—		—		—		(12,772)
Stock-based compensation	—	—	—	—		7,056		—		—		—		—		7,056
Stock repurchases	—	—	(1,582)	—		—		—		—		—		(50,000)		(50,000)
Balance at August 31, 2022	100,711	(6,705)	(8,422)	$	100,711	$	841,939	$	2,939,706	$	(19,119)	$	(72,718)	$	(299,911)	$	3,490,608
Balance at May 31, 2021	100,151	(6,705)	(1,303)	$	100,151	$	836,353	$	2,081,288	$	(22,276)	$	(72,718)	$	(35,933)	$	2,886,865
Net income	—	—	—	—		—		150,097		—		—		—		150,097
Dividends on common stock	—	—	—	—		—		(13,168)		—		—		—		(13,168)
Stock awards	—	—	3	—		(87)		—		—		—		87		—
Stock-based compensation	—	—	—	—		6,114		—		—		—		—		6,114
Stock repurchases	—	—	(4,669)	—		—		—		—		—		(188,175)		(188,175)
Balance at August 31, 2021	100,151	(6,705)	(5,969)	$	100,151	$	842,380	$	2,218,217	$	(22,276)	$	(72,718)	$	(224,021)	$	2,841,733

	Nine Months Ended August 31, 2022 and 2021
	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, 2021	100,711	(6,705)	(5,785)	$	100,711	$	848,620	$	2,379,364	$	(19,119)	$	(72,718)	$	(217,383)	$	3,019,475
Net income	—	—	—	—		—		600,256		—		—		—		600,256
Dividends on common stock	—	—	—	—		—		(39,914)		—		—		—		(39,914)
Stock awards	—	—	785	—		(29,625)		—		—		—		29,625		—
Stock-based compensation	—	—	—	—		22,944		—		—		—		—		22,944
Stock repurchases	—	—	(3,102)	—		—		—		—		—		(100,000)		(100,000)
Tax payments associated with stock-based compensation awards	—	—	(320)	—		—		—		—		—		(12,153)		(12,153)
Balance at August 31, 2022	100,711	(6,705)	(8,422)	$	100,711	$	841,939	$	2,939,706	$	(19,119)	$	(72,718)	$	(299,911)	$	3,490,608
Balance at November 30, 2020	99,869	(7,124)	(1,107)	$	99,869	$	824,306	$	1,868,896	$	(22,276)	$	(77,265)	$	(27,761)	$	2,665,769
Cumulative effect of adoption of new accounting standard for credit losses	—	—	—	—		—		(226)		—		—		—		(226)
Net income	—	—	—	—		—		390,512		—		—		—		390,512
Dividends on common stock	—	—	—	—		—		(40,965)		—		—		—		(40,965)
Employee stock options/other	238	—	—	238		3,268		—		—		—		—		3,506
Stock awards	44	419	15	44		(4,962)		—		—		4,547		371		—
Stock-based compensation	—	—	—	—		19,768		—		—		—		—		19,768
Stock repurchases	—	—	(4,669)	—		—		—		—		—		(188,175)		(188,175)
Tax payments associated with stock-based compensation awards	—	—	(208)	—		—		—		—		—		(8,456)		(8,456)
Balance at August 31, 2021	100,151	(6,705)	(5,969)	$	100,151	$	842,380	$	2,218,217	$	(22,276)	$	(72,718)	$	(224,021)	$	2,841,733