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Earnings (Loss) Per Share
 3 Months Ended
Feb. 29, 2016
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share
Earnings (Loss) 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. As we incurred a net loss during the three months ended February 28, 2015, basic and diluted weighted average shares outstanding are the same. The following table sets forth the calculation of basic and diluted earnings per share on an interim basis (in thousands, except per share data):

 
Three Months Ended
 
February 29,
2016
 
February 28,
2015
Net income (loss)
$
3,216

 
$
(971
)
Weighted average shares outstanding
50,810

 
50,668

Dilutive impact from common stock equivalents
630

 
—

Diluted weighted average shares outstanding
51,440

 
50,668

Basic earnings (loss) per share
$
0.06

 
$
(0.02
)
Diluted earnings (loss) per share
$
0.06

 
$
(0.02
)


We excluded stock awards representing approximately 532,000 shares and 948,000 shares of common stock from the calculation of diluted earnings per share in the three months ended February 29, 2016 and February 28, 2015, respectively, because these awards were anti-dilutive.