Earnings Per Share (Tables)

3 Months Ended

Feb. 28, 2023

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

Basic and diluted earnings per share were calculated as follows (in thousands, except per share amounts):

	Three Months Ended February 28,
	2023		2022
Numerator:
Net income	$	125,500	$	134,257
Less: Distributed earnings allocated to nonvested restricted stock	(87)		(65)
Less: Undistributed earnings allocated to nonvested restricted stock	(777)		(584)
Numerator for basic earnings per share	124,636		133,608
Effect of dilutive securities:
Add: Undistributed earnings allocated to nonvested restricted stock	777		584
Less: Undistributed earnings reallocated to nonvested restricted stock	(754)		(566)
Numerator for diluted earnings per share	$	124,659	$	133,626

	Three Months Ended February 28,
	2023		2022
Denominator:
Weighted average shares outstanding — basic	83,468		88,285
Effect of dilutive securities:
Share-based payments	2,527		2,782
Weighted average shares outstanding — diluted	85,995		91,067
Basic earnings per share	$	1.49	$	1.51
Diluted earnings per share	$	1.45	$	1.47