Earnings Per Common Share (Tables)

12 Months Ended

Nov. 30, 2023

Schedule of Basic and Diluted Earnings Per Common Share

The following table sets forth the computation of basic and diluted earnings per common share for the periods indicated:


	Fiscal Years Ended November 30,
	2023		2022		2021
	(currency and share amounts in thousands, except per share amounts)
Basic earnings per common share:
Net income attributable to common stockholders(1)	$	622,045	$	646,963	$	391,025



Weighted-average number of common shares - basic	92,572		95,225		62,239


Basic earnings per common share	$	6.72	$	6.79	$	6.28



Diluted earnings per common share:
Net income attributable to common stockholders(1)	$	622,056	$	646,974	$	391,051



Weighted-average number of common shares - basic	92,572		95,225		62,239
Effect of dilutive securities:
Stock options and RSUs	281		284		459
Weighted-average number of common shares - diluted	92,853		95,509		62,698




Diluted earnings per common share	$	6.70	$	6.77	$	6.24

Anti-dilutive shares excluded from diluted earnings per share calculation	287		260		16

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(1) RSAs granted by the Company are considered participating securities. Income available to participating securities was immaterial in all periods presented.