Earnings per share (Tables)

3 Months Ended

Feb. 28, 2022

Earnings Per Share [Abstract]

Calculation of Basic and Diluted Earnings Per Share

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 28, 2022		February 28, 2021
Net income	$	20,454	$	18,961
Weighted average shares outstanding	43,981		44,108
Basic earnings per common share	0.47		0.43
Diluted earnings per common share:
Net income	20,454		18,961
Weighted average shares outstanding	43,981		44,108
Effect of dilution from common stock equivalents	727		544
Diluted weighted average shares outstanding	44,708		44,652
Diluted earnings per share	$	0.46	$	0.42