Accumulated Other Comprehensive Loss

3 Months Ended

Feb. 28, 2022

The following table summarizes the changes in accumulated balances of other comprehensive loss during the three months ended February 28, 2022 (in thousands):


	Foreign Currency Translation Adjustment		Unrealized (Losses) on Investments		Unrealized (Losses) Gains on Hedging Activity		Accumulated Other Comprehensive Loss
Balance, December 1, 2021	$	(30,055)	$	(49)	$	(2,339)	$	(32,443)
Other comprehensive income before reclassifications, net of tax	1,781		(7)		1,653		3,427
Balance, February 28, 2022	$	(28,274)	$	(56)	$	(686)	$	(29,016)

The tax effect on accumulated unrealized (losses) gains on hedging activity and unrealized (losses) on investments was $0.2 million and $0.7 million as of February 28, 2022 and November 30, 2021, respectively.