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Intangible Assets and Goodwill (Tables)
6 Months Ended
May 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets
Intangible assets are comprised of the following significant classes (in thousands):
 
 
May 31, 2019
 
November 30, 2018
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net Book
Value
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net Book
Value
Purchased technology
$
179,601

 
$
(114,703
)
 
$
64,898

 
$
154,301

 
$
(110,959
)
 
$
43,342

Customer-related
134,242

 
(62,543
)
 
71,699

 
67,802

 
(56,589
)
 
11,213

Trademarks and trade names
27,340

 
(14,973
)
 
12,367

 
17,740

 
(13,376
)
 
4,364

Non-compete agreement
2,000

 
(57
)
 
1,943

 

 

 

Total
$
343,183

 
$
(192,276
)
 
$
150,907

 
$
239,843

 
$
(180,924
)
 
$
58,919


Schedule of Future Amortization Expense from Intangible Assets Held
Future amortization expense for intangible assets as of May 31, 2019, is as follows (in thousands):
 
Remainder of 2019
$
28,762

2020
32,679

2021
32,559

2022
25,937

2023
21,860

Thereafter
9,110

Total
$
150,907


Schedule of Goodwill
Changes in the carrying amount of goodwill in the six months ended May 31, 2019 are as follows (in thousands):

Balance, November 30, 2018
$
314,992

Additions
117,651

Translation adjustments
(20
)
Balance, May 31, 2019
$
432,623



The increase in goodwill during fiscal year 2019 is related to the acquisition of Ipswitch in April 2019 (Note 6).
Changes in the goodwill balances by reportable segment in the six months ended May 31, 2019 are as follows (in thousands):
 
November 30, 2018
 
Additions
 
Translation adjustments
 
May 31, 2019
OpenEdge
$
248,987

 
$
117,651

 
$
(20
)
 
$
366,618

Data Connectivity and Integration
19,040

 

 

 
19,040

Application Development and Deployment
46,965

 

 

 
46,965

Total goodwill
$
314,992

 
$
117,651

 
$
(20
)
 
$
432,623