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Selected Quarterly Financial Data (unaudited)
 12 Months Ended
Nov. 30, 2019
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 2019:
 
 
 
 
 
 
 
Revenue
$
89,549

 
$
99,995

 
$
106,716

 
$
117,038

Gross profit
73,510

 
82,384

 
85,891

 
96,272

Income (loss) from operations
15,409

 
14,741

 
15,960

 
(6,026
)
Net income (loss)
9,402

 
8,181

 
13,557

 
(4,740
)
Basic earnings (loss) per share
0.21

 
0.18

 
0.30

 
(0.11
)
Diluted earnings (loss) per share
0.21

 
0.18

 
0.30

 
(0.11
)
Fiscal year 2018(1):
 
 
 
 
 
 
 
Revenue
$
95,410

 
$
92,864

 
$
92,603

 
$
98,104

Gross profit
78,507

 
76,221

 
75,907

 
81,373

Income from operations
19,131

 
18,550

 
19,103

 
11,030

Net income
13,732

 
12,904

 
14,390

 
8,644

Basic earnings per share
0.30

 
0.28

 
0.32

 
0.19

Diluted earnings per share
0.29

 
0.28

 
0.32

 
0.19

(1)The Company adopted the accounting standard related to revenue recognition ("ASC 606") effective December 1, 2018 using the full retrospective method. See Note 1. Nature of Business and Summary of Significant Accounting Policies for further information.