XML 17 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Nov. 30, 2017
Nov. 30, 2016
Nov. 30, 2015
Revenue:      
Software licenses $ 124,406 $ 134,863 $ 130,250
Maintenance and services 273,166 270,478 247,304
Total revenue 397,572 405,341 377,554
Costs of revenue:      
Cost of software licenses 5,752 5,456 5,979
Cost of maintenance and services 43,299 44,760 40,933
Amortization of acquired intangibles 20,108 15,496 16,830
Total costs of revenue 69,159 65,712 63,742
Gross profit 328,413 339,629 313,812
Operating expenses:      
Sales and marketing 96,345 121,501 124,867
Product development 76,988 88,587 86,924
General and administrative 45,739 46,532 57,294
Impairment of goodwill and intangible assets 0 97,051 0
Amortization of acquired intangibles 13,039 12,735 12,745
Fees related to shareholder activist 2,020 0 0
Restructuring expenses 22,210 1,692 12,989
Acquisition-related expenses 1,458 1,240 4,239
Total operating expenses 257,799 369,338 299,058
Income (loss) from operations 70,614 (29,709) 14,754
Other (expense) income:      
Interest expense (4,631) (4,178) (3,788)
Interest income and other, net 921 839 1,446
Foreign currency loss, net (1,317) (2,232) (58)
Total other expense, net (5,027) (5,571) (2,400)
Income (loss) before income taxes 65,587 (35,280) 12,354
Provision for income taxes 28,170 20,446 21,155
Net income (loss) $ 37,417 $ (55,726) $ (8,801)
Earnings (loss) per share:      
Basic (in dollars per share) $ 0.78 $ (1.13) $ (0.17)
Diluted (in dollars per share) $ 0.77 $ (1.13) $ (0.17)
Weighted average shares outstanding:      
Basic (in shares) 48,129 49,481 50,391
Diluted (in shares) 48,516 49,481 50,391
Cash dividends declared per common share (in dollars per share) $ 0.515 $ 0.125 $ 0