Cash, Cash Equivalents and Investments (Tables)

3 Months Ended

Feb. 29, 2016

A summary of our cash, cash equivalents and available-for-sale investments at February 29, 2016 is as follows (in thousands):



	Amortized Cost Basis		Unrealized Gains		Unrealized Losses			Fair Value
Cash	$	196,422	$	—	$	—		$	196,422
Money market funds	7,282		—		—			7,282
State and municipal bond obligations	38,217		78		—			38,295
U.S. treasury bonds	4,110		—		(5		)	4,105
U.S. government agency bonds	1,639		—		(1		)	1,638
Corporate bonds	3,755		—		(6		)	3,749
Total	$	251,425	$	78	$	(12	)	$	251,491

A summary of our cash, cash equivalents and available-for-sale investments at November 30, 2015 is as follows (in thousands):



	Amortized Cost Basis		Unrealized Gains		Unrealized Losses			Fair Value
Cash	$	186,241	$	—	$	—		$	186,241
Money market funds	26,138		—		—			26,138
State and municipal bond obligations	20,387		30		—			20,417
U.S. treasury bonds	3,109		—		(15		)	3,094
U.S. government agency bonds	1,645		—		(4		)	1,641
Corporate bonds	3,756		—		(8		)	3,748
Total	$	241,276	$	30	$	(27	)	$	241,279

Such amounts are classified on our condensed consolidated balance sheets as follows (in thousands):



	February 29, 2016				November 30, 2015
	Cash and Equivalents		Short-Term Investments		Cash and Equivalents		Short-Term Investments
Cash	$	196,422	$	—	$	186,241	$	—
Money market funds	7,282		—		26,138		—
State and municipal bond obligations	—		38,295		—		20,417
U.S. treasury bonds	—		4,105		—		3,094
U.S. government agency bonds	—		1,638		—		1,641
Corporate bonds	—		3,749		—		3,748
Total	$	203,704	$	47,787	$	212,379	$	28,900

The fair value of debt securities by contractual maturity is as follows (in thousands):


(1)	Includes state and municipal bond obligations, which are securities representing investments available for current operations and are classified as current in the consolidated balance sheets.