Earnings per share (Tables)

9 Months Ended

Aug. 31, 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				Nine Months Ended
	August 31, 2023		August 31, 2022		August 31, 2023		August 31, 2022
Net income	$	19,098	$	21,797	$	54,862	$	71,361
Weighted average shares outstanding	43,452		43,211		43,365		43,589
Basic earnings per common share	$	0.44	$	0.50	$	1.27	$	1.64
Diluted earnings per common share:
Net income	$	19,098	$	21,797	$	54,862	$	71,361
Weighted average shares outstanding	43,452		43,211		43,365		43,589
Effect of dilution from common stock equivalents	1,353		724		1,178		710
Effect of dilution from if-converted Convertible Senior Notes	176		—		—		—
Diluted weighted average shares outstanding	44,981		43,935		44,543		44,299
Diluted earnings per share	$	0.42	$	0.50	$	1.23	$	1.61