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(Loss) Earnings Per Share
 12 Months Ended
Nov. 30, 2015
Earnings Per Share [Abstract]  
(Loss) Earnings Per Share
(Loss) 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 (in thousands, expect per share data):
 
 
Fiscal Year Ended
 
November 30,
2015
 
November 30,
2014
 
November 30,
2013
(Loss) income from continuing operations
$
(8,801
)
 
$
49,458

 
$
39,777

Weighted average shares outstanding
50,391

 
50,840

 
54,516

Dilutive impact from common stock equivalents
—

 
626

 
863

Diluted weighted average shares outstanding
50,391

 
51,466

 
55,379

Basic (loss) earnings per share from continuing operations
$
(0.17
)
 
$
0.97

 
$
0.73

Diluted (loss) earnings per share from continuing operations
$
(0.17
)
 
$
0.96

 
$
0.72



We excluded stock awards representing approximately 2,552,000 shares, 355,000 shares, and 744,000 shares of common stock from the calculation of diluted earnings per share in the fiscal years ended November 30, 2015, 2014 and 2013, respectively, because these awards were anti-dilutive.