Fair Value Measurements (Tables)

9 Months Ended

Aug. 31, 2016

Fair Value Measurements, Nonrecurring [Table Text Block]

The following table presents nonrecurring fair value measurements as of August 31, 2016 (in thousands):



	Total Fair Value		Total Losses
Intangible assets	$	—	$	5,051

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 and liabilities at August 31, 2016 (in thousands):



				Fair Value Measurements Using
	Total Fair Value			Level 1		Level 2			Level 3
Assets
Money market funds	$	8,536		$	8,536	$	—		$	—
State and municipal bond obligations	34,532			—		34,532			—
U.S. treasury bonds	6,534			—		6,534			—
U.S. government agency bonds	522			—		522			—
Corporate bonds	3,012			—		3,012			—
Liabilities
Foreign exchange derivatives	$	(5,166	)	$	—	$	(5,166	)	$	—

The following table details the fair value measurements within the fair value hierarchy of our financial assets and liabilities 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	)	$	—

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

The following table reflects the activity for our liabilities measured at fair value using Level 3 inputs, which relate to a contingent consideration obligation in connection with a prior acquisition, for each period presented (in thousands):



	Three Months Ended					Nine Months Ended
	August 31, 2016		August 31, 2015			August 31, 2016		August 31, 2015
Balance, beginning of period	$	—	$	295		$	—	$	1,717
Changes in fair value of contingent consideration obligation	—		(295		)	—		(1,508		)
Transfer to Level 2 fair value measurement	—		—			—		(209		)
Balance, end of period	$	—	$	—		$	—	$	—