Business Segments and International Operations

12 Months Ended

Nov. 30, 2014

Segment Reporting [Abstract]

Business Segments and International Operations

Business Segments and International Operations

Operating segments are components of an enterprise that engage in business activities for which discrete financial information is available and regularly reviewed by the chief operating decision maker in deciding how to allocate resources and assess performance. Our chief operating decision maker is our Chief Executive Officer.

Effective September 1, 2014, we began operating as three distinct business units: OpenEdge, Data Connectivity and Integration, and Application Development and Deployment, each with dedicated sales, product management and product marketing functions. As a result of these changes, we have begun segment reporting for our three business units beginning in the fourth fiscal quarter of 2014. The segment information for the prior periods presented has been restated to reflect the change in our reportable segments.

We do not manage our assets or capital expenditures by segment or assign other income (expense) and income taxes to segments. We manage and report such items on a consolidated company basis.

The following table provides revenue and contribution margin from our reportable segments and reconciles to the consolidated income from continuing operations before income taxes:

	Fiscal Year Ended
(In thousands)	November 30, 2014			November 30, 2013			November 30, 2012
Segment revenue:
OpenEdge	$	296,721		$	293,508		$	275,258
Data Connectivity and Integration	34,772			40,089			42,354
Application Development and Deployment	1,040			399			—
Total revenue	332,533			333,996			317,612
Segment costs of revenue and operating expenses:
OpenEdge	70,811			83,675			86,912
Data Connectivity and Integration	12,308			12,397			13,257
Application Development and Deployment	9,354			1,612			—
Total costs of revenue and operating expenses	92,473			97,684			100,169
Segment contribution margin:
OpenEdge	225,910			209,833			188,346
Data Connectivity and Integration	22,464			27,692			29,097
Application Development and Deployment	(8,314		)	(1,213		)	—
Total contribution margin	240,060			236,312			217,443
Other unallocated expenses (1)	159,320			172,572			149,654
Income from operations	$	80,740		$	63,740		$	67,789
Other income (expense), net	$	(2,936	)	$	(957	)	$	196
Income from continuing operations before income taxes	$	77,804		$	62,783		$	67,985
(1) The following expenses are not allocated to our segments as we manage and report our business in these functional areas on a consolidated basis only: product development, corporate marketing, administration, amortization of acquired intangibles, stock-based compensation, restructuring, acquisition related expenses.

Our revenues are derived from licensing our products, and from related services, which consist of maintenance and consulting and education. Information relating to revenue from external customers by revenue type is as follows (in thousands):

	Fiscal Year Ended
	November 30, 2014		November 30, 2013		November 30, 2012
Software licenses	$	117,801	$	122,312	$	106,626
Maintenance	202,496		202,857		202,691
Professional services	12,236		8,827		8,295
Total	$	332,533	$	333,996	$	317,612

In the following table, revenue attributed to the United States includes sales to customers in the U.S. and licensing to certain multinational organizations, substantially all of which is invoiced from the U.S. Revenue from Canada, Europe, the Middle East and Africa (EMEA), Latin America and the Asia Pacific region includes shipments to customers in each region, not including certain multinational organizations, plus export shipments into each region that are billed from the U.S. Information relating to revenue from external customers from different geographical areas is as follows (in thousands):

	Fiscal Year Ended
	November 30, 2014		November 30, 2013		November 30, 2012
United States	$	137,105	$	140,020	$	127,841
Canada	13,611		14,259		14,818
EMEA	131,335		133,600		125,566
Latin America	24,917		25,370		28,335
Asia Pacific	25,565		20,747		21,052
Total	$	332,533	$	333,996	$	317,612

No country outside of the U.S. accounted for more than 10% of our consolidated revenue in any year presented. Long-lived assets totaled $56.9 million, $53.6 million and $57.9 million in the U.S. and $2.5 million, $3.4 million and $5.2 million outside of the U.S. at the end of fiscal years 2014, 2013 and 2012, respectively. No individual country outside of the U.S. accounted for more than 10% of our consolidated long-lived assets.