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NOTE 15. STOCK-BASED COMPENSATION (Tables) | 12 Months Ended
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Nov. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] |
Recognized stock-based compensation |
|  | Years ended November 30, |
|  | 2015 |  |  | 2014 |  |  | 2013 |
Stock options |  | $ | 4,736 |  |  | $ | 6,062 |  |  | $ | 8,135 |
Performance share unit plan |  |  | 4,537 |  |  |  | 3,944 |  |  |  | 3,935 |
Deferred share unit plan |  |  | 215 |  |  |  | 191 |  |  |  | 234 |
|  | $ | 9,488 |  |  | $ | 10,197 |  |  | $ | 12,304 |
Stock Options, Valuation Assumptions |
| Years ended November 30,
| 2015 |  | 2014 |  | 2013
Share price (C$) | 3.18 |  | 2.90 |  | 4.40
Average risk-free interest rate | 1.06% |  | 1.18% |  | 1.07%
Exercise price (C$) | 3.18 |  | 2.90 |  | 4.40
Expected life (years) | 3 |  | 3 |  | 3
Expected volatility | 60% |  | 60% |  | 56%
Expected dividends | Nil |  | Nil |  | Nil
Fair value per share of options granted (C$) | 1.28 |  | 1.18 |  | 1.72
Summary of stock options activity |
| 2015 |  | 2014 |  | 2013
| Number of shares (thousands) |  | Weighted average exercise price (C$) |  | Number of shares (thousands) |  | Weighted average exercise price (C$) |  | Number of shares (thousands) |  | Weighted average exercise price (C$)
Outstanding at beginning of year | 15,219 |  | 5.47 |  | 15,223 |  | 6.54 |  | 13,903 |  | 7.08
Granted | 4,360 |  | 3.18 |  | 6,109 |  | 2.90 |  | 3,218 |  | 4.40
Exercised | (393) |  | 3.46 |  | (1,285) |  | 2.24 |  | (121) |  | 2.23
Forfeited and expired | (1,336) |  | 7.38 |  | (4,828) |  | 6.45 |  | (1,777) |  | 7.22
Outstanding at end of year | 17,850 |  | 4.81 |  | 15,219 |  | 5.47 |  | 15,223 |  | 6.54
Exercisable at year-end | 14,092 |  |  |  | 11,644 |  |  |  | 12,715 |  |
Stock options outstanding and exercisable |
|  | Stock options - issued and outstanding |  | Stock options - exercisable
Range of price (C$) |  | Number of outstanding options (thousands) |  | Weighted average years to expiry |  | Weighted average exercise price (C$) |  | Number of exercisable options (thousands) |  | Weighted average exercise price (C$)
2.90 to 3.99 |  | 10,168 |  | 3.48 |  | 3.02 |  | 6,411 |  | 2.99
4.00 to 5.99 |  | 4,138 |  | 1.93 |  | 4.59 |  | 4,138 |  | 4.59
6.00 to 7.99 |  | 800 |  | 1.45 |  | 6.36 |  | 800 |  | 6.36
10.00 to 11.99 |  | 1,712 |  | 0.96 |  | 10.24 |  | 1,711 |  | 10.24
12.00 to 13.99 |  | 932 |  | 0.12 |  | 13.02 |  | 932 |  | 13.02
14.00 to 14.82 |  | 100 |  | 1.50 |  | 14.82 |  | 100 |  | 14.82
|  | 17,850 |  | 2.60 |  | 4.81 |  | 14,092 |  | 5.28
Peformance share units outstanding |
|  | Years ended November 30,
|  | 2015 |  | 2014 |  | 2013
Outstanding at beginning of year |  | 2,422,150 |  | 1,268,450 |  | 805,300
Granted |  | 1,377,250 |  | 1,819,700 |  | 706,150
Vested |  | (846,180) |  | (546,380) |  | (167,735)
Performance adjustment |  | 228,530 |  | (96,420) |  | (72,765)
Forfeited |  | — |  | (23,200) |  | (2,500)
Outstanding at end of year |  | 3,181,750 |  | 2,422,150 |  | 1,268,450

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- Definition Tabular disclosure of the allocation of equity-based compensation costs to a given line item on the balance sheet and income statement for the period. This may include the reporting line for the costs and the amount capitalized and expensed. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 14.F) -URI http://asc.fasb.org/extlink&oid=27013229&loc=d3e301413-122809 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 14 -Section F + Details
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- Definition Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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