Fair Value Measurements (Tables)

12 Months Ended

Nov. 30, 2016

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, 2016 (in thousands):



				Fair Value Measurements Using
	Total Fair Value			Level 1		Level 2			Level 3
Assets
Money market funds	$	10,173		$	10,173	$	—		$	—
State and municipal bond obligations	32,724			—		32,724			—
U.S. treasury bonds	6,513			—		6,513			—
Corporate bonds	3,481			—		3,481			—
Liabilities
Foreign exchange derivatives	$	(6,616	)	$	—	$	(6,616	)	$	—

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	)	$	—

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):



	November 30, 2016		November 30, 2015
Balance, beginning of year	$	—	$	1,717
Acquisition date fair value of contingent consideration	—		—
Payments of contingent consideration	—		(209		)
Changes in fair value of contingent consideration obligation	—		(1,508		)
Balance, end of year	$	—	$	—

Fair Value Measurements, Nonrecurring

The following table presents nonrecurring fair value measurements as of November 30, 2016 (in thousands):



	Total Fair Value		Total Losses
Goodwill allocated to the Application Development and Deployment reporting unit	$	46,965	$	92,000
Intangible assets	—		5,051

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