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Total Equity (Tables)
3 Months Ended
Feb. 28, 2026
Equity [Abstract]  
Schedule of Earnings Per Share Computation The numerators and denominators used to calculate basic and diluted earnings per common share are as
follows:
Three Months Ended
February 28,
In thousands, except per share amounts
2026
2025
Numerator for earnings per common share from continuing operations:
Net earnings from continuing operations .................................................................................................................................................
$159,346
$136,849
Less: Net losses attributable to noncontrolling interests .......................................................................................................................
(15,858)
(6,983)
Allocation of earnings to participating securities (1) ..............................................................................................................................
(19,504)
(16,039)
Net earnings from continuing operations attributable to common shareholders for basic earnings per share .........................
$155,700
$127,793
Net earnings from continuing operations attributable to common shareholders for diluted earnings per share ......................
$155,700
$127,793
Denominator for earnings per common share:
Weighted average common shares outstanding .....................................................................................................................................
206,093
206,046
Weighted average shares of restricted stock outstanding with future service required ...................................................................
(2,147)
(2,200)
Weighted average RSUs outstanding with no future service required .................................................................................................
11,761
10,690
Weighted average basic common shares ................................................................................................................................................
215,707
214,536
Stock options and other share-based awards .........................................................................................................................................
5,152
5,287
Senior executive compensation plan RSU awards ..................................................................................................................................
2,411
2,625
Weighted average diluted common shares (2) .......................................................................................................................................
223,270
222,448
Earnings per common share:
Basic ...............................................................................................................................................................................................................
$0.72
$0.60
Diluted ............................................................................................................................................................................................................
$0.70
$0.57
(1)Represents dividends declared during the period on participating securities plus an allocation of undistributed earnings to participating securities. Net losses are not
allocated to participating securities. Participating securities represent certain preferred stock, restricted stock and RSUs for which requisite service has not yet been
rendered and amounted to weighted average shares of 27.6 million and 27.7 million for the three months ended February 28, 2026 and 2025, respectively. Undistributed
earnings are allocated to participating securities based upon their right to share in earnings if all earnings for the period had been distributed.
(2)Certain securities have been excluded as they would be antidilutive. However, these securities could potentially dilute earnings per share in the future. Antidilutive shares
were 12.3% and 13.4% of the weighted average common shares outstanding for the three months ended February 28, 2026 and 2025, respectively
Schedule of Dividends Declared Dividends
Three Months Ended February 28, 2026
Declaration Date
Record Date
Payment Date
Per Common
Share Amount
January 7, 2026
February 17, 2026
February 27, 2026
$0.40
Three Months Ended February 28, 2025
Declaration Date
Record Date
Payment Date
Per Common
Share Amount
January 8, 2025
February 14, 2025
February 27, 2025
$0.40
Schedule of Accumulated Other Comprehensive Income (Loss) Accumulated Other Comprehensive Income (Loss)
$ in thousands
February 28,
 2026
November 30,
 2025
Net unrealized losses on available-for-sale
securities .......................................................................
$(1,212)
$(1,796)
Net currency translation adjustments and other .....
(136,256)
(145,280)
Net unrealized losses related to instrument-
specific credit risk .......................................................
(141,040)
(200,688)
Net minimum pension liability ....................................
(36,515)
(36,670)
Total accumulated other comprehensive loss, net
of tax ..............................................................................
$(315,023)
$(384,434)
Amounts reclassified out of accumulated other comprehensive
income (loss) to net earnings:
Three Months Ended
February 28,
$ in thousands
2026
2025
Net unrealized gains on instrument-specific credit
risk at fair value (1) .......................................................
$3,307
$2,538
Amortization of defined benefit pension plan
actuarial losses (2) .......................................................
(155)
(759)
Total reclassifications for the period, net of tax .....
$3,152
$1,779
(1)The amounts include income tax expense of $1.1 million and $0.9 million for
the three months ended February 28, 2026 and 2025, respectively.
(2)The amount includes income tax benefit of $0.2 million for the three months
ended February 28, 2025, which were reclassified to Compensation and
benefits expenses.