Fair Value Measurements (Tables)

12 Months Ended

Nov. 30, 2015

Fair Value Measurements within the Fair Value Hierarchy of the Financial Assets

The following table details the fair value measurements within the fair value hierarchy of our financial assets at November 30, 2015 (in thousands):



				Fair Value Measurements Using
	Total Fair Value			Level 1		Level 2			Level 3
Assets
Money market funds	$	26,138		$	26,138	$	—		$	—
State and municipal bond obligations	20,417			—		20,417			—
U.S. treasury bonds	3,094			—		3,094			—
U.S. government agency bonds	1,641			—		1,641			—
Corporate bonds	3,748			—		3,748			—
Liabilities
Foreign exchange derivatives	$	(4,021	)	$	—	$	(4,021	)	$	—

The following table details the fair value measurements within the fair value hierarchy of our financial assets at November 30, 2014 (in thousands):



				Fair Value Measurements Using
	Total Fair Value			Level 1		Level 2			Level 3
Assets
Money market funds	$	67,893		$	67,893	$	—		$	—
State and municipal bond obligations	20,186			—		20,186			—
Foreign exchange derivatives	(102		)	—		(102		)	—
Liabilities
Contingent consideration	$	(1,717	)	$	—	$	—		$	(1,717	)

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation

The following table reflects the activity for our contingent consideration obligations measured at fair value using Level 3 inputs for each year presented (in thousands):



	November 30, 2015			November 30, 2014
Balance, beginning of year	$	1,717		$	388
Acquisition date fair value of contingent consideration	—			1,450
Payments of contingent consideration	(209		)	(210		)
Changes in fair value of contingent consideration obligation	(1,508		)	89
Balance, end of year	$	—		$	1,717

Fair Value Measurements, Nonrecurring

The following table presents nonrecurring fair value measurements as of November 30, 2015 (in thousands):



	Total Fair Value		Total Losses
Long-lived assets	$	60	$	4,962