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Earnings Per Share
3 Months Ended
Feb. 28, 2013
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share

We compute basic earnings per share using the weighted average number of common shares outstanding. We compute diluted earnings per share using the weighted average number of common shares outstanding plus the effect of outstanding dilutive stock options, restricted stock units and deferred stock units, using the treasury stock method. The following table sets forth the calculation of basic and diluted earnings per share from continuing operations on an interim basis (in thousands, expect per share data):
 
 
Three Months Ended
 
February 28,
2013
 
February 29,
2012
Income from continuing operations
$
9,123

 
$
11,950

Weighted average shares outstanding
57,901

 
62,145

Dilutive impact from common stock equivalents
851

 
985

Diluted weighted average shares outstanding
58,752

 
63,130

Basic earnings per share from continuing operations
$
0.16

 
$
0.19

Diluted earnings per share from continuing operations
$
0.16

 
$
0.19



We excluded stock awards representing approximately 1,393,000 shares and 4,319,000 shares of common stock from the calculation of diluted earnings per share in the three months ended February 28, 2013 and February 29, 2012, respectively, because these awards were anti-dilutive.