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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Feb. 28, 2022
Feb. 28, 2021
Revenue:    
Total revenue $ 144,922 $ 121,280
Costs of revenue:    
Amortization of acquired intangibles 5,458 3,521
Total costs of revenue 23,212 17,991
Gross profit 121,710 103,289
Operating expenses:    
Sales and marketing 33,469 29,469
Product development 28,673 24,548
General and administrative 16,991 13,424
Amortization of acquired intangibles 11,722 6,879
Restructuring expenses 511 1,157
Acquisition-related expenses 912 396
Total operating expenses 92,278 75,873
Income from operations 29,432 27,416
Other (expense) income:    
Interest expense (3,703) (2,514)
Interest income and other, net 589 119
Foreign currency loss, net (366) (257)
Total other expense, net (3,480) (2,652)
Income before income taxes 25,952 24,764
Provision for income taxes 5,498 5,803
Net income $ 20,454 $ 18,961
Earnings per share:    
Basic (in dollars per share) $ 0.47 $ 0.43
Diluted (in dollars per share) $ 0.46 $ 0.42
Weighted average shares outstanding:    
Basic (in shares) 43,981 44,108
Diluted (in shares) 44,708 44,652
Cash dividends declared per common share (in dollars per share) $ 0.175 $ 0.175
Software licenses    
Revenue:    
Total revenue $ 42,750 $ 33,317
Costs of revenue:    
Cost of revenue 2,609 1,151
Maintenance and services    
Revenue:    
Total revenue 102,172 87,963
Costs of revenue:    
Cost of revenue $ 15,145 $ 13,319