Cash, Cash Equivalents and Investments (Tables)

6 Months Ended

May 31, 2019

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

A summary of our cash, cash equivalents and available-for-sale investments at May 31, 2019 is as follows (in thousands):



	Amortized Cost Basis		Unrealized Gains		Unrealized Losses			Fair Value
Cash	$	99,571	$	—	$	—		$	99,571
Money market funds	3,678		—		—			3,678
State and municipal bond obligations	11,780		—		(21		)	11,759
U.S. treasury bonds	6,554		3		—			6,557
Corporate bonds	6,995		—		(7		)	6,988
Total	$	128,578	$	3	$	(28	)	$	128,553

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 Available-for-sale Investments by Balance Sheet Classification

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



	May 31, 2019				November 30, 2018
	Cash and Equivalents		Short-Term Investments		Cash and Equivalents		Short-Term Investments
Cash	$	99,571	$	—	$	101,316	$	—
Money market funds	3,678		—		3,810		—
State and municipal bond obligations	—		11,759		—		19,423
U.S. treasury bonds	—		6,557		—		6,705
Corporate bonds	—		6,988		—		8,259
Total	$	103,249	$	25,304	$	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):



	May 31, 2019		November 30, 2018
Due in one year or less	$	21,531	$	25,051
Due after one year⁽¹⁾	3,773		9,336
Total	$	25,304	$	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.