v3.3.1.900

STOCKHOLDERS' EQUITY: | 12 Months Ended
--- | ---
Nov. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] |
Stockholders' Equity | STOCKHOLDERS’ EQUITY: 2013 Stock Incentive Plan The Company’s 2013 Stock Incentive Plan was adopted by its Board of Directors and approved by its stockholders in 2013. The 2013 Stock Plan as amended and restated from time to time provides for the direct award or sale of shares of common stock, restricted stock awards, and restricted stock units, the grant of options to purchase shares of common stock and the award of stock appreciation rights to employees and non-employee directors and consultants. The number of authorized shares under the 2013 Stock Incentive Plan will not exceed the sum of 1,696 shares of common stock, plus any shares under the Amended and Restated 2003 Stock Incentive Plan (the "2003 Stock Incentive Plan") that are subject to outstanding awards granted to the extent those awards expire, terminate or are canceled for any reason prior to exercise without the issuance or delivery of such shares, any shares subject to vesting restrictions that are subsequently forfeited, and any reserved shares not issued or subject to outstanding awards, up to 2,750 shares. No participant in the 2013 Stock Incentive Plan may receive option grants or stock appreciation rights, restricted shares or restricted stock units for more than 1,500 shares per calendar year, or more than 2,500 shares in the participant’s first calendar year of service. The option price for incentive stock options will not be less than 100% of the fair market value of the stock on the date of grant. Under the 2013 Stock Incentive Plan, qualified employees are eligible for the grant of incentive stock options to purchase shares of common stock. Qualified employees and outside directors and consultants are eligible for the grant of nonstatutory stock options, stock appreciation rights, restricted stock grants and restricted stock units. The outstanding stock options and restricted stock awards granted to qualified employees generally vest over a five-year period and the stock options have a contractual term of ten years. Stock options granted to qualified non-employee directors vest as to one third of the stock underlying the stock options on the first anniversary date of the grant and the remaining vest monthly over a two-year period starting one month after the first anniversary of the date of grant. The restricted stock granted to qualified non-employee directors vests one fourth on a quarterly basis over a one-year period. The holders of restricted stock awarded are entitled to the same voting, dividend and other rights as the Company’s common stockholders. Unless terminated sooner, the 2013 Stock Incentive Plan will terminate on March 19, 2023. 2003 Stock Incentive Plan The Company’s 2003 Stock Incentive Plan terminated in March 2013. The number of authorized shares under the 2003 Stock Incentive Plan was 14,120 shares of common stock. The equity awards outstanding under this plan as of November 30, 2015 continue to be governed by their existing terms. The outstanding stock options, restricted stock awards and restricted stock units granted to qualified employees generally vest over a five-year period and the stock options have a contractual term of ten years. Certain restricted stock units could vest subject to the attachment of individual, divisional or Company-wide performance goals. Stock options and restricted stock awards granted to qualified non-employee directors vest over a period ranging from one year to three years. The exercise price of incentive stock option grants was equal to 100% of the fair market value of those shares on the date of the grant. The holders of restricted stock awarded are entitled to the same voting, dividend and other rights as the Company’s common stockholders. 2014 Employee Stock Purchase Plan On January 6, 2014, the Board of Directors approved the adoption of the 2014 Employee Stock Purchase Plan ("2014 ESPP") to succeed the 2003 ESPP. The 2014 ESPP, as amended, commenced on January 1, 2015. The number of authorized shares under the 2014 ESPP is up to 750 shares. Under the 2014 ESPP, there are four offering periods of three months each in a calendar year. Eligible employees' purchase price discount is 5%. The maximum number of shares a participant may purchase is 0.625 during a single accumulation period subject to a maximum purchase limit of $10 in a calendar year. Employees at associate vice president level and above are not eligible to participate in the plan. 2003 Employee Stock Purchase Plan The Company’s 2003 Employee Stock Purchase Plan (“2003 ESPP”) was terminated in December 2014. A total of 750 shares of common stock were reserved for issuance under the 2003 ESPP. The maximum number of shares a participant could purchase was 1.25 during a single accumulation period subject to a maximum purchase limit of $10 per calendar year. The per share weighted-average fair value of purchases under the 2003 ESPP and 2014 ESPP, which were computed using the Black-Scholes valuation model, during fiscal years 2015, 2014 and 2013 were $5.16, $4.06 and $1.74, respectively. Share Repurchase Programs In June 2011, the Board of Directors authorized a three-year $65,000 share repurchase program. As of the expiration of the program in June 2014, the Company had purchased 361 shares for a total cost of $11,340. The share purchases were made on the open market and the shares repurchased by the Company are held in treasury for general corporate purposes. In June 2014, the Board of Directors authorized a three-year $100,000 share repurchase program pursuant to which the Company may repurchase its outstanding common stock from time to time in the open market or through privately negotiated transactions. As of November 30, 2015, the Company had purchased 120 shares for a total cost of $8,736. The share purchases were made on the open market and the shares repurchased by the Company are held in treasury for general corporate purposes. Dividends The Company paid cash dividends of $0.58, $0.13 and $0.00 per share, totaling $22,591, $4,927 and $0, during the years ended November 30, 2015, 2014 and 2013 respectively. On January 8, 2016, the Company announced a cash dividend of $0.20 per share to stockholders of record as of January 19, 2016, payable on January 29, 2016. Future dividends are subject to declaration by the Board of Directors.

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for accounts comprising shareholders' equity, comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income, and compensation-related costs for equity-based compensation. Includes, but is not limited to, disclosure of policies, compensation plan details, equity-based arrangements to obtain goods and services, deferred compensation arrangements, and employee stock purchase plan details. + References No definition available. + Details
Name: | us-gaap_ShareholdersEquityAndShareBasedPaymentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration