Accumulated Other Comprehensive Loss

6 Months Ended

May 31, 2023

Equity [Abstract]

Accumulated Other Comprehensive Loss

Accumulated Other Comprehensive Loss

The following table summarizes the changes in accumulated balances of other comprehensive loss during the six months ended May 31, 2023 (in thousands):

	Foreign Currency Translation Adjustment		Unrealized Losses on Investments		Unrealized Gain (Losses) on Hedging Activity		Accumulated Other Comprehensive Loss
Balance, December 1, 2022	$	(38,523)	$	(61)	$	3,349	$	(35,235)
Other comprehensive income (loss) before reclassifications, net of tax	3,457		—		(939)		2,518
Balance, May 31, 2023	$	(35,066)	$	(61)	$	2,410	$	(32,717)

The tax effect on accumulated unrealized gains (losses) on hedging activity and unrealized losses on investments was a tax provision of $0.8 million and $1.1 million as of May 31, 2023 and November 30, 2022, respectively.