Short-Term Borrowings (Tables)

12 Months Ended

Nov. 30, 2021

Debt Disclosure [Abstract]

Schedule of Short-Term Borrowings

Short-term borrowings at November 30, 2021 and 2020 mature in one year or less and include the following (in thousands):

	November 30,
	2021		2020
Bank loans (1)	$	215,063	$	752,848
Floating rate puttable notes (1)	6,800		6,800
Equity-linked notes (2)	—		5,067
Total short-term borrowings	$	221,863	$	764,715

(1)    These Short-term borrowings are recorded at cost in our Consolidated Statements of Financial Condition, which is a reasonable approximation of their fair values due to their liquid and short-term nature.

(2)    See Note 4, Fair Value Disclosures, for further information on these notes.