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EARNINGS PER SHARE AND TREASURY STOCK TRANSACTIONS (Note) | 9 Months Ended
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Aug. 27, 2011
EARNINGS PER SHARE AND TREASURY STOCK TRANSACTIONS [Abstract] |
EARNINGS PER SHARE AND TREASURY STOCK TRANSACTIONS | EARNINGS PER SHARE AND TREASURY STOCK TRANSACTIONS Diluted earnings per share reflect the impact of outstanding stock options as if exercised during the periods presented using the treasury stock method. The following table provides a reconciliation of the numerators and denominators utilized in the calculation of basic and diluted earnings per share.
| Quarter Ended |  | Nine Months Ended
| August 27, 2011 |  | August 28, 2010 |  | August 27, 2011 |  | August 28, 2010
Weighted average number of shares outstanding - Basic | 50,527,206 |  |  | 50,796,393 |  |  | 50,563,556 |  |  | 50,700,066 |
Dilutive effect of stock-based arrangements | 673,035 |  |  | 452,564 |  |  | 693,065 |  |  | 445,005 |
Weighted average number of shares outstanding - Diluted | 51,200,241 |  |  | 51,248,957 |  |  | 51,256,621 |  |  | 51,145,071 |
Net earnings attributable to CLARCOR Inc. | $ | 32,070 |  |  | $ | 28,326 |  |  | $ | 86,759 |  |  | $ | 67,077 |
Net earnings per share attributable to CLARCOR Inc. - Basic | $ | 0.63 |  |  | $ | 0.56 |  |  | $ | 1.72 |  |  | $ | 1.32 |
Net earnings per share attributable to CLARCOR Inc. - Diluted | $ | 0.63 |  |  | $ | 0.55 |  |  | $ | 1.69 |  |  | $ | 1.31 |
The following table provides additional information regarding the calculation of earnings per share and treasury stock transactions.
| Quarter Ended |  | Nine Months Ended
| August 27, 2011 |  | August 28, 2010 |  | August 27, 2011 |  | August 28, 2010
Number of antidilutive options with exercises prices greater than the average market price excluded from the computation of dilutive earnings per share | 60,000 |  |  | 347,350 |  |  | 60,000 |  |  | 646,349 |
Common stock repurchased and retired pursuant to the Company's stock repurchase program | $ | 9,312 |  |  | $ | 10,009 |  |  | $ | 18,204 |  |  | $ | 10,009 |
Number of shares repurchased and retired pursuant to the Company's stock repurchase program | 222,051 |  |  | 288,842 |  |  | 427,051 |  |  | 288,842 |
As of August 27, 2011, there was approximately $215,519 available under the Company’s $250,000 stock repurchase program for future purchases.

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- Definition Includes the following two disclosures: 1) The complete disclosure pertaining to an entity's earnings per share and 2) Description of share repurchase program authorized by an entity's Board of Directors. Include also the allocation of amounts paid to purchase treasury stock. + Details
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