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Compensation Plans (Tables)
12 Months Ended
Nov. 30, 2020
Compensation Related Costs [Abstract]  
Schedule of Components of Compensation Cost
The components of total compensation cost associated with certain of our compensation plans are as follows (in millions):
Year Ended November 30,
202020192018
Components of compensation cost:
Restricted cash awards (1)$474.3 $314.7 $274.4 
Restricted stock and RSUs (2)25.2 26.7 27.6 
Profit sharing plan
7.8 7.2 6.5 
Total compensation cost
$507.3 $348.6 $308.5 
(1)During the fourth quarter of 2020, we amended certain provisions of a set of cash awards that had been granted as part of compensation at previous year-ends to remove any service requirements for vesting in the awards. Compensation expense of $179.6 million was recorded during the year ended November 30, 2020 as a result of these amendments.
(2)Total compensation cost associated with restricted stock and restricted stock units (“RSUs”) includes the amortization of sign-on, retention and senior executive awards, less forfeitures and clawbacks. Additionally, we recognize compensation cost related to the discount provided to employees in electing to defer compensation under the Deferred Compensation Plan. This compensation cost was approximately $0.3 million, $0.4 million and $0.3 million for the years ended November 30, 2020, 2019 and 2018, respectively.
Schedule of Remaining Unamortized Amounts Related to Certain Compensation Plans
Remaining unamortized amounts related to certain compensation plans at November 30, 2020 are as follows (dollars in millions):
Remaining Unamortized AmountsWeighted Average Vesting Period
(in Years)
Non-vested share-based awards
$28.2 2
Restricted cash awards
363.5 3
Total
$391.7