Earnings per share (Tables)

3 Months Ended

Feb. 28, 2023

Earnings Per Share [Abstract]

Schedule of 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, 2023		February 28, 2022
Net income	$	23,674	$	20,454
Weighted average shares outstanding	43,300		43,981
Basic earnings per common share	$	0.55	$	0.47
Diluted earnings per common share:
Net income	$	23,674	$	20,454
Weighted average shares outstanding	43,300		43,981
Effect of dilution from common stock equivalents	1,053		727
Diluted weighted average shares outstanding	44,353		44,708
Diluted earnings per share	$	0.53	$	0.46