XML 36 R20.htm IDEA: XBRL DOCUMENT v3.10.0.1
Net Income Per Share
12 Months Ended
Nov. 30, 2018
Earnings Per Share [Abstract]  
NET INCOME PER SHARE
NET INCOME PER SHARE
Basic net income per share is computed using the weighted average number of common shares outstanding for the period, excluding unvested restricted stock units and performance awards. Diluted net income per share is based upon the weighted average common shares outstanding for the period plus dilutive potential common shares, including unvested restricted stock units, performance share awards, and stock options using the treasury stock method.
The following table sets forth the computation of basic and diluted net income per share for fiscal 2018, 2017 and 2016 (in thousands, except per share data):
 
 
2018
 
2017
 
2016
Net income
 
$
2,590,774

 
$
1,693,954

 
$
1,168,782

Shares used to compute basic net income per share
 
490,564

 
493,632

 
498,345

Dilutive potential common shares:
 
 
 
 
 
 
Unvested restricted stock units and performance share awards
 
7,142

 
7,161

 
5,455

Stock options
 
137

 
330

 
499

Shares used to compute diluted net income per share
 
497,843

 
501,123

 
504,299

Basic net income per share
 
$
5.28

 
$
3.43

 
$
2.35

Diluted net income per share
 
$
5.20

 
$
3.38

 
$
2.32