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Earnings Per Share Attributable to Common Stockholders
12 Months Ended
Dec. 01, 2024
Earnings Per Share [Abstract]  
Earnings Per Share Attributable to Common Stockholders EARNINGS PER SHARE
Basic earnings per share is calculated by dividing net income by the weighted-average number of common shares outstanding. Diluted earnings per share adjusts the basic earnings per share and the weighted-average number of common shares outstanding for the potentially dilutive impact of RSUs and stock appreciation rights using the treasury stock method. The following table sets forth the computation of the Company's basic and diluted earnings per share:
Year Ended
December 1,
2024
November 26,
2023
November 27,
2022
(Dollars in millions, except per share amounts)
Numerator:
Net income
$210.6 $249.6 $569.1 
Denominator:
Weighted-average common shares outstanding - basic398,233,739 397,208,535 397,341,137 
Dilutive effect of stock awards4,134,864 4,514,632 6,503,645 
Weighted-average common shares outstanding - diluted402,368,603 401,723,167 403,844,782 
Earnings per common share:
Basic$0.53 $0.63 $1.43 
Diluted$0.52 $0.62 $1.41 
Anti-dilutive securities excluded from calculation of diluted earnings per share
4,119,726 5,408,781 2,153,183