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Selected Quarterly Financial Data (unaudited)
12 Months Ended
Nov. 30, 2017
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Data (unaudited)
Selected Quarterly Financial Data (unaudited)

(in thousands, except per share data)
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Fiscal year 2017:
 
 
 
 
 
 
 
Revenue
$
90,970

 
$
93,213

 
$
97,310

 
$
116,079

Gross profit
75,212

 
75,846

 
79,235

 
98,120

Income from operations
1,222

 
20,284

 
20,299

 
28,809

Net (loss) income
(525
)
 
10,341

 
11,172

 
16,429

Basic (loss) earnings per share
(0.01
)
 
0.21

 
0.23

 
0.35

Diluted (loss) earnings per share
(0.01
)
 
0.21

 
0.23

 
0.34

Fiscal year 2016:
 
 
 
 
 
 
 
Revenue
$
89,481

 
$
96,118

 
$
102,018

 
$
117,724

Gross profit
73,731

 
79,883

 
84,829

 
101,186

Income (loss) from operations1
6,705

 
12,344

 
13,606

 
(62,364
)
Net income (loss)1
3,216

 
7,275

 
7,576

 
(73,793
)
Basic earnings (loss) per share
0.06

 
0.15

 
0.16

 
(1.52
)
Diluted earnings (loss) per share
0.06

 
0.14

 
0.15

 
(1.52
)


(1) Included within the loss from operations and net loss during the fourth quarter of fiscal 2016 is a $92 million impairment charge related to the goodwill of the Application Development and Deployment reporting unit. For further discussion on the impairment of goodwill, refer to Note 6.