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Debt (Tables)
12 Months Ended
Nov. 30, 2022
Line of Credit Facility [Abstract]  
Schedule of Maturities of Long-term Debt
As of November 30, 2022, future maturities of the Company's long-term debt were as follows:

(In thousands)2026 NotesRevolving Credit FacilityTotal
2023$— $6,875 $6,875 
2024— 13,750 13,750 
2025— 20,625 20,625 
2026360,000 20,625 380,625 
2027— 206,250 206,250 
Total face value of long-term debt360,000 268,125 628,125 
Unamortized discount and issuance costs(7,375)(2,671)(10,046)
Less current portion of long-term debt, net— (6,234)(6,234)
Long-term debt$352,625 $259,220 $611,845 
Schedule of Net Carrying Amount of Notes
(In thousands)November 30, 2021
Principal$360,000 
Conversion option allocated to equity(64,800)
Unamortized discount(665)
Net carrying amount of the liability component$294,535 
Net carrying amount of the Notes:
(In thousands)November 30, 2022
Principal$360,000 
Unamortized discount(7,375)
$352,625 
Schedule of Net Carrying Amount of Equity Component
(In thousands)November 30, 2021
Conversion options(1)
$62,855 
Capped call(43,056)
Net carrying amount of the equity component$19,799 
(1)Net of issuance costs
Schedule of Interest Expense Related To Notes
Fiscal Year Ended
(In thousands)November 30, 2022November 30, 2021
Contractual interest expense (1% coupon)
$3,600 $2,280 
Amortization of debt discount and issuance costs(1)
2,112 8,195 
$5,712 $10,475 
(1)After the adoption of ASU 2020-06, the effective interest rate for the Notes was 1.63%. Prior to adoption of ASU 2020-06, the effective interest rate for the Notes was 5.71%.