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Earnings Per Share (Tables) | 12 Months Ended
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Nov. 30, 2024
Earnings Per Share [Abstract] |
Schedule of Earnings Per Share, Basic and Diluted | Basic and diluted earnings per share were calculated as follows (in thousands, except per share amounts):
| Years Ended November 30,
| 2024 |  | 2023 |  | 2022
Numerator: |  |  |  |  |
Net income | $655,018 |  | $590,177 |  | $816,666
Less: Distributed earnings allocated to participating securities | (527) |  | (413) |  | (268)
Less: Undistributed earnings allocated to participating securities | (4,301) |  | (3,861) |  | (3,904)
Numerator for basic earnings per share | 650,190 |  | 585,903 |  | 812,494
Effect of dilutive securities: |  |  |  |  |
Add: Undistributed earnings allocated to participating securities | 4,301 |  | 3,861 |  | 3,904
Less: Undistributed earnings reallocated to participating securities | (4,179) |  | (3,744) |  | (3,796)
Numerator for diluted earnings per share | $650,312 |  | $586,020 |  | $812,602
| Years Ended November 30,
| 2024 |  | 2023 |  | 2022
Denominator: |  |  |  |  |
Weighted average shares outstanding — basic | 74,753 |  | 80,842 |  | 86,861
Effect of dilutive securities: |  |  |  |  |
Share-based payments | 2,202 |  | 2,538 |  | 2,487
Weighted average shares outstanding — diluted | 76,955 |  | 83,380 |  | 89,348
Basic earnings per share | $8.70 |  | $7.25 |  | $9.35
Diluted earnings per share | $8.45 |  | $7.03 |  | $9.09

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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