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Earnings Per Share
 3 Months Ended
Feb. 28, 2014
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share

We compute basic earnings per share using the weighted average number of common shares outstanding. We compute diluted earnings per share using the weighted average number of common shares outstanding plus the effect of outstanding dilutive stock options, restricted stock units and deferred stock units, using the treasury stock method. The following table sets forth the calculation of basic and diluted earnings per share from continuing operations on an interim basis (in thousands, except per share data):
 
 
Three Months Ended
 
February 28,
2014
 
February 28,
2013
Income from continuing operations
$
11,100

 
$
9,813

Weighted average shares outstanding
51,494

 
57,901

Dilutive impact from common stock equivalents
671

 
851

Diluted weighted average shares outstanding
52,165

 
58,752

Basic earnings per share from continuing operations
$
0.22

 
$
0.17

Diluted earnings per share from continuing operations
$
0.21

 
$
0.17



We excluded stock awards representing approximately 298,000 shares and 1,393,000 shares of common stock from the calculation of diluted earnings per share in the three months ended February 28, 2014 and 2013, respectively, because these awards were anti-dilutive.