The following table sets forth the computation of weighted-average shares outstanding for calculating basic and diluted earnings per share (EPS):

 

		Three months ended May 31								Six months ended May 31
		2015				2014				2015				2014
Weighted average shares-basic			55,472,798				55,446,463				55,466,944				55,436,440
Effect of dilutive securities			*				*				*				*
Weighted average shares—diluted			55,472,798				55,446,463				55,466,944				55,436,440

 

 

 

*

Outstanding options and RSUs aggregating 2,132,127 incremental shares at May 31, 2015 (1,638,269 at May 31, 2014), and 892,862 warrants at May 31, 2014, have been excluded from the May 31, 2015 and 2014 computations of diluted EPS as they are anti-dilutive due to the losses generated in each respective period.