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Nature of Business and Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Nov. 30, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Allowances Against Accounts Receivable
A summary of activity in the allowance for doubtful accounts is as follows (in thousands):
 
 
 
 
 
 
November 30, 2019
 
November 30, 2018
 
November 30, 2017
 
 
 
As Adjusted(1)
 
 
Beginning balance
$
574

 
$
498

 
$
741

ASC 606 adjustment
—

 
88

 
—

Charge to costs and expenses
606

 
216

 
204

Write-offs and other
(457
)
 
(232
)
 
(437
)
Translation adjustments
(56
)
 
4

 
(10
)
Ending balance
$
667

 
$
574

 
$
498

(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.
Schedule of Activity in Allowance for Sales Credit Memos
A summary of activity in the allowance for sales credit memos is as follows (in thousands):

 
 
 
 
 
November 30, 2019
 
November 30, 2018
 
November 30, 2017
 
 
 
As Adjusted(1)
 
 
Beginning balance
$
266

 
$
178

 
$
402

ASC 606 adjustment
—

 
41

 
—

Charge (credit) to revenue
(60
)
 
46

 
(158
)
Write-offs and other
(46
)
 
—

 
(69
)
Translation adjustments
(2
)
 
1

 
3

Ending balance
$
158

 
$
266

 
$
178

(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.
Accumulated Other Comprehensive (Loss) Income
Accumulated other comprehensive loss by components, net of tax (in thousands):

 
Foreign Currency Translation Adjustment
 
Unrealized (Losses) Gains on Investments
 
Unrealized Loss on Hedging Activity
 
Total
Balance, December 1, 2017
$
(18,177
)
 
$
(229
)
 
$
—

 
$
(18,406
)
Other comprehensive (loss) income
(9,796
)
 
26

 
—

 
(9,770
)
Balance, December 1, 2018
$
(27,973
)
 
$
(203
)
 
$
—

 
$
(28,176
)
Other comprehensive (loss) income
(420
)
 
173

 
(1,551
)
 
(1,798
)
Balance, November 30, 2019
$
(28,393
)
 
$
(30
)
 
$
(1,551
)
 
$
(29,974
)
Schedule of Contract with Customer, Asset and Liability
As of November 30, 2019, invoicing of our long-term unbilled receivables is expected to occur as follows (in thousands):
2021
$
11,731

2022
761

Total
$
12,492


As of November 30, 2019, the changes in deferred revenue were as follows (in thousands):
Balance, December 1, 2018 As Adjusted(1)
$
135,940

Billings and other
454,604

Revenue recognized
(413,298
)
Balance, November 30, 2019
$
177,246

(1)The Company adopted ASC 606 effective December 1, 2018 using the full retrospective method.

Schedule of New Accounting Pronouncements and Changes in Accounting Principles
Consolidated Balance Sheet
 
November 30, 2018
(in thousands)
As Reported
 
Adjustments
 
As Adjusted
Assets
 
 
 
 
 
Accounts receivable, net
$
58,450

 
$
1,265

 
$
59,715

Short-term unbilled receivables
—

 
1,421

 
1,421

Long-term unbilled receivables
—

 
1,811

 
1,811

Deferred tax assets
1,922

 
(956
)
 
966

Other assets(1)
580,237

 
—

 
580,237

Total assets
$
640,609

 
$
3,541

 
$
644,150

Liabilities and shareholders’ equity
 
 
 
 
 
Short-term deferred revenue
133,194

 
(9,984
)
 
123,210

Long-term deferred revenue
15,127

 
(2,397
)
 
12,730

Deferred tax liabilities
3,797

 
2,002

 
5,799

Other liabilities(2)
178,409

 
—

 
178,409

Retained earnings
71,242

 
13,883

 
85,125

Accumulated other comprehensive loss
(28,213
)
 
37

 
(28,176
)
Other equity(3)
267,053

 
—

 
267,053

Total liabilities and shareholders’ equity
$
640,609

 
$
3,541

 
$
644,150

(1)Includes cash and cash equivalents, short-term investments, other current assets, assets held for sale, property and equipment, net, intangible assets, net, goodwill, and other assets.
(2)Includes current portion of long-term debt, net, accounts payable, accrued compensation and related taxes, dividends payable, income taxes payable, other accrued liabilities, long-term debt, net, and other noncurrent liabilities.
(3)Includes common stock and additional paid-in capital.

Consolidated Statements of Income

 
Fiscal Year Ended
 
November 30, 2018
 
November 30, 2017
(In thousands, except per share data)
As Reported
 
Adjustments
 
As Adjusted
 
As Reported
 
Adjustments
 
As Adjusted
Revenue:
 
 
 
 
 
 
 
 
 
 
 
Software licenses
$
122,137

 
$
(22,337
)
 
$
99,800

 
$
124,406

 
$
(10,763
)
 
$
113,643

Maintenance and services
275,028

 
4,153

 
279,181

 
273,166

 
2,345

 
275,511

Total revenue
397,165

 
(18,184
)
 
378,981

 
397,572

 
(8,418
)
 
389,154

Costs of revenue
66,973

 
—

 
66,973

 
69,159

 
—

 
69,159

Gross Profit
330,192

 
(18,184
)
 
312,008

 
328,413

 
(8,418
)
 
319,995

Operating expenses
244,194

 
—

 
244,194

 
257,799

 
4,706

 
262,505

Income from operations
85,998

 
(18,184
)
 
67,814

 
70,614

 
(13,124
)
 
57,490

Other expense, net
(7,018
)
 
—

 
(7,018
)
 
(5,027
)
 
—

 
(5,027
)
Income before income taxes
78,980

 
(18,184
)
 
60,796

 
65,587

 
(13,124
)
 
52,463

Provision for income taxes
15,489

 
(4,363
)
 
11,126

 
28,170

 
(4,728
)
 
23,442

Net income
$
63,491

 
$
(13,821
)
 
$
49,670

 
$
37,417

 
$
(8,396
)
 
$
29,021

Earnings (loss) per share:
 
 
 
 
 
 
 
 
 
 
 
Basic
$
1.39

 
$
(0.30
)
 
$
1.09

 
$
0.78

 
$
(0.18
)
 
$
0.60

Diluted
$
1.38

 
$
(0.30
)
 
$
1.08

 
$
0.77

 
$
(0.17
)
 
$
0.60

Weighted average shares outstanding:
 
 
 
 
 
 
 
 
 
 
 
Basic
45,561

 
—

 
45,561

 
48,129

 
—

 
48,129

Diluted
46,135

 
—

 
46,135

 
48,516

 
—

 
48,516