| Schedule of Earnings Per Share |
| | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | | May 31, 2022 | | May 31, 2021 | | May 31, 2022 | | May 31, 2021 | | Basic earnings per common share: | | | | | | | | | Net income | $ | 113,142 | | | $ | 82,904 | | | $ | 223,415 | | | $ | 171,715 | | Less: net income allocated to participating securities(1) | (1,714) | | | (1,272) | | | (3,267) | | | (2,346) | | | Net income attributable to common stockholders | $ | 111,428 | | | $ | 81,632 | | | $ | 220,148 | | | $ | 169,369 | | | | | | | | | | | Weighted-average number of common shares - basic | 51,564 | | | 51,275 | | | 51,596 | | | 51,215 | | | | | | | | | | | Basic earnings per common share | $ | 2.16 | | | $ | 1.59 | | | $ | 4.27 | | | $ | 3.31 | | | | | | | | | | | Diluted earnings per common share: | | | | | | | | | Net income | $ | 113,142 | | | $ | 82,904 | | | $ | 223,415 | | | $ | 171,715 | | Less: net income allocated to participating securities(1) | (1,700) | | | (1,254) | | | (3,243) | | | (2,314) | | | Net income attributable to common stockholders | $ | 111,442 | | | $ | 81,650 | | | $ | 220,172 | | | $ | 169,401 | | | | | | | | | | | Weighted-average number of common shares - basic | 51,564 | | | 51,275 | | | 51,596 | | | 51,215 | | | Effect of dilutive securities: | | | | | | | | | Stock options and restricted stock units | 426 | | | 730 | | | 399 | | | 713 | | | Weighted-average number of common shares - diluted | 51,990 | | | 52,005 | | | 51,995 | | | 51,928 | | | | | | | | | | | Diluted earnings per common share | $ | 2.14 | | | $ | 1.57 | | | $ | 4.23 | | | $ | 3.26 | |
(1)Restricted stock awards granted to employees by the Company are considered participating securities.
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