FAIR VALUE MEASUREMENTS AND DERIVATIVE INSTRUMENTS (Tables)

9 Months Ended

Aug. 31, 2012

Fair Value Hierarchy of Cash Equivalents, Marketable Securities and Foreign Currency Contracts

The fair value hierarchy of our cash equivalents, short-term investments and foreign currency contracts is as follows (in thousands):

			Fair Value Measurements at Reporting Date using
Description	Total Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant other Observable Inputs (Level 2)
As of August 31, 2012:
Assets:
Money market funds	$	363,251	$	363,251	$	—
Term deposits		583		—		583
Mortgage-backed securities		196		—		196
Foreign currency forward contracts	$	763	$	—	$	763
Liabilities:
Foreign currency forward contracts	$	131	$	—	$	131
As of November 30, 2011:
Assets:
Money market funds	$	16,664	$	16,664	$	—
Term deposits		560		—		560
Mortgage-backed securities		225		—		225
Foreign currency forward contracts		142		—		142
Liabilities:
Foreign currency forward contracts	$	142	$	—	$	142

Forward Contracts Outstanding

We had the following forward contracts outstanding as of August 31, 2012 (in thousands):

	Notional Value Local  Currency			Notional Value USD			Fair Value Gain (Loss) USD
Forward contracts denominated in United States dollars sold:
Brazilian real		(1,500	)	$	(740	)	$	(15	)
Taiwanese dollar		(31,000	)		(1,037	)		(8	)
Forward contracts denominated in United States dollars bought:
British pound		12,400			19,692			399
							$	376

	Notional Value Local  Currency			Notional Value EURO			Fair Value Gain (Loss) USD
Forward contracts denominated in Euros sold:
Australian dollar		(7,000	)	€	(5,743	)	$	275
Japanese yen		(120,000	)		(1,217	)		44
Korean won		(800,000	)		(562	)		17
United States dollar		(1,000	)		(795	)		29
Forward contracts denominated in Euros bought:
British pound		7,500			9,452			(100	)
Canadian dollar		1,000			806			(9	)
							$	256

Foreign Currency Forward Contracts Not Designated as Hedging Instruments

	Derivatives not Designated as Hedging Instruments
	August 31, 2012		November 30, 2011
Foreign currency forward contracts, fair value included in:
Other Current Assets	$	763	$	142
Accrued Liabilities		131		142

Gain or (Loss) Recognized in Income on Derivatives

		Amount of Gain or (Loss) Recognized In Income on Derivative
		Three Months Ended August 31,					Nine Months Ended August 31,
Derivatives not Designated as Hedging Instruments	Location	2012		2011			2012			2011
Foreign Currency Contracts	Other income/(exp.)	$	628	$	(109	)	$	(1,167	)	$	(7,678	)