| 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 | | Nine Months Ended | | | August 27,
2016 | | August 29,
2015 | | August 27,
2016 | | August 29,
2015 | Weighted average number of shares outstanding - Basic | | 48,653,220 |
| | 50,099,852 |
| | 48,723,459 |
| | 50,188,327 |
| Dilutive effect of stock-based arrangements | | 401,827 |
| | 425,197 |
| | 379,752 |
| | 513,163 |
| Weighted average number of shares outstanding - Diluted | | 49,055,047 |
| | 50,525,049 |
| | 49,103,211 |
| | 50,701,490 |
| | | | | | | | | | Net earnings attributable to CLARCOR Inc. | | $ | 35,749 |
| | $ | 36,445 |
| | $ | 110,266 |
| | $ | 101,651 |
| | | | | | | | | | Net earnings per share attributable to CLARCOR Inc. - Basic | | $ | 0.73 |
| | $ | 0.73 |
| | $ | 2.26 |
| | $ | 2.03 |
| Net earnings per share attributable to CLARCOR Inc. - Diluted | | $ | 0.73 |
| | $ | 0.72 |
| | $ | 2.25 |
| | $ | 2.00 |
|
|
| 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 | | Nine Months Ended | | | August 27,
2016 | | August 29,
2015 | | August 27,
2016 | | August 29,
2015 | Number of antidilutive options with exercise prices greater than the average market price excluded from the computation of dilutive earnings per share | | 296,500 |
| | 730,150 |
| | 728,352 |
| | 730,150 |
| Common stock repurchased and retired pursuant to the Company's stock repurchase program | | $ | 27,191 |
| | $ | 14,086 |
| | $ | 65,402 |
| | $ | 30,196 |
| Number of shares repurchased and retired pursuant to the Company's stock repurchase program | | 455,797 |
| | 233,000 |
| | 1,253,401 |
| | 481,000 |
|
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