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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Aug. 31, 2017
Aug. 31, 2016
Aug. 31, 2017
Aug. 31, 2016
Revenue:        
Software licenses $ 28,529 $ 33,624 $ 78,443 $ 86,366
Maintenance and services 68,781 68,394 203,050 201,251
Total revenue 97,310 102,018 281,493 287,617
Costs of revenue:        
Cost of software licenses 1,337 1,424 4,347 4,139
Cost of maintenance and services 10,970 11,825 32,724 33,217
Amortization of acquired intangibles 5,768 3,940 14,129 11,818
Total costs of revenue 18,075 17,189 51,200 49,174
Gross profit 79,235 84,829 230,293 238,443
Operating expenses:        
Sales and marketing 23,159 29,852 70,116 88,648
Product development 19,620 21,706 55,745 65,800
General and administrative 11,164 11,411 33,338 36,055
Amortization of acquired intangibles 3,319 3,186 9,721 9,556
Impairment of intangible assets 0 5,051 0 5,051
Restructuring expenses 923 (36) 18,724 229
Acquisition-related expenses 751 53 844 449
Total operating expenses 58,936 71,223 188,488 205,788
Income from operations 20,299 13,606 41,805 32,655
Other (expense) income:        
Interest expense (1,221) (1,174) (3,455) (3,244)
Interest income and other, net 239 260 717 686
Foreign currency (loss) gain, net (418) (374) (1,561) (1,916)
Total other (expense) income, net (1,400) (1,288) (4,299) (4,474)
Income before income taxes 18,899 12,318 37,506 28,181
Provision for income taxes 7,727 4,742 16,518 10,114
Net income $ 11,172 $ 7,576 $ 20,988 $ 18,067
Earnings per share:        
Basic (in dollars per share) $ 0.23 $ 0.16 $ 0.43 $ 0.36
Diluted (in dollars per share) $ 0.23 $ 0.15 $ 0.43 $ 0.36
Weighted average shares outstanding:        
Basic (in shares) 48,071 48,611 48,342 49,765
Diluted (in shares) 48,370 49,135 48,631 50,310
Cash dividends declared per common share (in dollars per share) $ 0.125 $ 0 $ 0.375 $ 0