Common Stock Repurchases

6 Months Ended

May 31, 2020

Equity [Abstract]

Common Stock Repurchases

Common Stock Repurchases

In January 2020, our Board of Directors increased the total share repurchase authorization from $75.0 million to $250.0 million. In the three months ended May 31, 2020 and May 31, 2019, we did not repurchase and retire any shares of our common stock. In the six months ended May 31, 2020 and May 31, 2019, we repurchased and retired 0.4 million shares for $20.0 million and 0.7 million shares for $25.0 million, respectively. The shares were repurchased in both periods as part of our Board of Directors authorized share repurchase program. As of May 31, 2020, there was $230.0 million remaining under the current authorization.