Cash, Cash Equivalents and Investments (Tables)

3 Months Ended

Feb. 28, 2019

Investments and Cash [Abstract]

Summary of Cash, Cash Equivalents and Trading and Available-for-sale Investments

A summary of our cash, cash equivalents and available-for-sale investments at February 28, 2019 is as follows (in thousands):

	Amortized Cost Basis		Unrealized Gains		Unrealized Losses			Fair Value
Cash	$	94,904	$	—	$	—		$	94,904
Money market funds	11,612		—		—			11,612
State and municipal bond obligations	14,406		—		(58		)	14,348
U.S. treasury bonds	4,387		—		(8		)	4,379
Corporate bonds	8,246		—		(31		)	8,215
Total	$	133,555	$	—	$	(97	)	$	133,458

A summary of our cash, cash equivalents and available-for-sale investments at November 30, 2018 is as follows (in thousands):

	Amortized Cost Basis		Unrealized Gains		Unrealized Losses			Fair Value
Cash	$	101,316	$	—	$	—		$	101,316
Money market funds	3,810		—		—			3,810
State and municipal bond obligations	19,542		—		(119		)	19,423
U.S. treasury bonds	6,726		—		(21		)	6,705
Corporate bonds	8,329		—		(70		)	8,259
Total	$	139,723	$	—	$	(210	)	$	139,513

Summary of Cash, Cash Equivalents and Trading and Available-for-sale Investments by Balance Sheet Classification

Such amounts are classified on our condensed consolidated balance sheets as follows (in thousands):

	February 28, 2019				November 30, 2018
	Cash and Equivalents		Short-Term Investments		Cash and Equivalents		Short-Term Investments
Cash	$	94,904	$	—	$	101,316	$	—
Money market funds	11,612		—		3,810		—
State and municipal bond obligations	—		14,348		—		19,423
U.S. treasury bonds	—		4,379		—		6,705
Corporate bonds	—		8,215		—		8,259
Total	$	106,516	$	26,942	$	105,126	$	34,387

Fair Value of Debt Securities by Contractual Maturity

The fair value of debt securities by contractual maturity is as follows (in thousands):

	February 28, 2019		November 30, 2018
Due in one year or less	$	22,327	$	25,051
Due after one year (1)	4,615		9,336
Total	$	26,942	$	34,387

(1) Includes state and municipal bond obligations and corporate bonds, which are securities representing investments available for current operations and are classified as current on the condensed consolidated balance sheets.