Restructuring

12 Months Ended

Nov. 30, 2022

The following table provides a summary of activity for all of the restructuring actions, with material actions detailed further below (in thousands):


	Excess Facilities and Other Costs		Employee Severance and Related Benefits		Total
Balance, December 1, 2019	$	196	$	2,007	$	2,203
Costs incurred	1,812		4,094		5,906
Cash disbursements	(1,569)		(2,554)		(4,123)
Translation adjustments and other	(18)		5		(13)
Balance, November 30, 2020	$	421	$	3,552	$	3,973
Costs incurred	3,518		2,790		6,308
Cash disbursements	(1,072)		(4,447)		(5,519)
Translation adjustments and other	1,616		(6)		1,610
Balance, November 30, 2021	$	4,483	$	1,889	$	6,372
Costs incurred	414		465		879
Cash disbursements	(1,027)		(2,321)		(3,348)
Translation adjustments and other	—		(3)		(3)
Balance, November 30, 2022	$	3,870	$	30	$	3,900

2021 Restructurings

During the fourth quarter of fiscal year 2021, we restructured our operations in connection with the acquisition of Kemp. Refer to Note 8: Business Combinations for further discussion. This restructuring resulted in a reduction in redundant positions, primarily within the administrative functions of Kemp.

For the fiscal years ended November 30, 2022 and November 30, 2021, we incurred expenses of $0.5 million and $2.0 million, respectively, related to this restructuring. The expenses are recorded as restructuring expenses in the consolidated statements of operations.


	Excess Facilities and Other Costs		Employee Severance and Related Benefits		Total
Balance, December 1, 2020	$	—	$	—	$	—
Costs incurred	—		1,965		1,965
Cash disbursements	—		(69)		(69)
Translation adjustments and other	—		(14)		(14)
Balance, November 30, 2021	$	—	$	1,882	$	1,882
Costs incurred	—		465		465
Cash disbursements	—		(2,314)		(2,314)
Translation adjustments and other	—		(3)		(3)
Balance, November 30, 2022	$	—	$	30	$	30

Minimal cash disbursements for expenses incurred to date under this restructuring are expected to be made through fiscal year 2023. Accordingly, the minimal balance of the restructuring reserve is included in other accrued liabilities on the consolidated balance sheet at November 30, 2022.

We do not expect to incur additional material expenses as part of this action during fiscal year 2023.

2020 Restructurings

During the fourth quarter of fiscal year 2020, we restructured our operations in connection with the acquisition of Chef. Refer to Note 8: Business Combinations for further discussion. This restructuring resulted in a reduction in redundant positions, primarily within the administrative functions of Chef.

For the fiscal years ended November 30, 2022, 2021 and 2020, we incurred expenses of $0.4 million, $4.1 million and $3.9 million, respectively, related to this restructuring. The expenses are recorded as restructuring expenses in the consolidated statements of operations.

A summary of activity for this restructuring action is as follows (in thousands):


	Excess Facilities and Other Costs		Employee Severance and Related Benefits		Total
Balance, December 1, 2019	$	—	$	—	$	—
Costs incurred	—		3,947		3,947
Cash disbursements	—		(429)		(429)
Translation adjustments and other	—		5		5
Balance, November 30, 2020	$	—	$	3,523	$	3,523
Costs incurred	3,323		826		4,149
Cash disbursements	(455)		(4,350)		(4,805)
Translation adjustments and other	1,615		8		1,623
Balance, November 30, 2021	$	4,483	$	7	$	4,490
Costs incurred	414		—		414
Cash disbursements	(1,027)		(7)		(1,034)
Balance, November 30, 2022	$	3,870	$	—	$	3,870

Cash disbursements for expenses incurred to date under this restructuring are expected to be made through fiscal year 2027. Accordingly, the balance of the restructuring reserve of $3.9 million is included in short-term and long-term lease liabilities on the consolidated balance sheet at November 30, 2022.

We expect to incur additional expenses as part of this action related to facility closures as we consolidate offices in various locations during fiscal year 2023, but we do not expect these costs to be material.