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EARNINGS PER SHARE
 12 Months Ended
Nov. 30, 2024
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE:
Basic and diluted earnings per common share (“EPS”) are computed using the two-class method, which is an earnings allocation formula that determines EPS for each class of common stock and participating security.
Fiscal Years Ended November 30,
202420232022
Basic earnings per common share:
Net income$251,217 $313,842 $435,049 
Less: net income allocated to participating securities(1)
(9,504)(6,001)(6,631)
Net income attributable to common stockholders$241,713 $307,841 $428,418 
Weighted average common shares - basic64,977 53,801 51,353 
Basic earnings per common share$3.72 $5.72 $8.34 
Diluted earnings per common share:
Net income$251,217 $313,842 $435,049 
Less: net income allocated to participating securities(1)
(9,490)(5,978)(6,583)
Net income attributable to common stockholders$241,727 $307,864 $428,466 
Weighted-average number of common shares - basic64,977 53,801 51,353 
Effect of dilutive securities:
Stock options and restricted stock units97 209 387 
Weighted-average number of common shares - diluted65,074 54,010 51,740 
Diluted earnings per common share$3.71 $5.70 $8.28 
(1)    Restricted stock awards granted to employees by the Company are considered participating securities. Effective in the fourth quarter of fiscal year 2023, restricted stock units granted are also considered participating securities.