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Derivative Instruments (Tables)
 3 Months Ended
Feb. 29, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Outstanding Foreign Currency Forward Contracts
The table below details outstanding foreign currency forward contracts where the notional amount is determined using contract exchange rates (in thousands):
 
 
February 29, 2020
 
November 30, 2019
 
Notional Value
 
Fair Value
 
Notional Value
 
Fair Value
Forward contracts to sell U.S. dollars
$
65,449

 
$
(990
)
 
$
66,951

 
$
(85
)
Forward contracts to purchase U.S. dollars
1,732

 
(29
)
 
1,457

 
5

Total
$
67,181

 
$
(1,019
)
 
$
68,408

 
$
(80
)

The fair value of the derivative represents the discounted value of the expected future discounted cash flows for the interest rate swap, based on the amortization schedule and the current forward curve for the remaining term of the contract, as of the date of each reporting period (in thousands):

 
February 29, 2020
 
November 30, 2019
 
Notional Value
 
Fair Value
 
Notional Value
 
Fair Value
Interest rate swap contracts designated as cash flow hedges
$
147,188

 
$
(4,868
)
 
$
148,125

 
$
(2,054
)