v3.3.1.900
Earnings Per Share and Stock Repurchase Activity (Tables)
 3 Months Ended
Feb. 27, 2016
Earnings Per Share and Stock Repurchase Activity [Abstract]  
Schedule of weighted average number of shares
The following table provides a reconciliation of the numerators and denominators utilized in the calculation of basic and diluted earnings per share:
 
 
Quarter Ended
 
 
February 27,
2016
 
February 28,
2015
Weighted average number of shares outstanding - Basic
 
48,803,049

 
50,255,915

Dilutive effect of stock-based arrangements
 
301,276

 
536,568

Weighted average number of shares outstanding - Diluted
 
49,104,325

 
50,792,483

 
 
 
 
 
Net earnings attributable to CLARCOR Inc.
 
$
21,163

 
$
26,709

 
 
 
 
 
Net earnings per share attributable to CLARCOR Inc. - Basic
 
$
0.43

 
$
0.53

Net earnings per share attributable to CLARCOR Inc. - Diluted
 
$
0.43

 
$
0.53
Schedule of additional information used in the calculation of earnings per share
The following table provides additional information regarding the calculation of earnings per share and stock repurchase activity:
 
 
Quarter Ended
 
 
February 27,
2016
 
February 28,
2015
Number of antidilutive options with exercise prices greater than the average market price excluded from the computation of dilutive earnings per share
 
1,171,753

 
—

Common stock repurchased and retired pursuant to the Company's stock repurchase program
 
$
31,006

 
$
7,949

Number of shares repurchased and retired pursuant to the Company's stock repurchase program
 
669,604

 
122,000