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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Nov. 30, 2023
Nov. 30, 2022
Nov. 30, 2021
Cash flows from operating activities:      
Net income $ 70,197 $ 95,069 $ 78,420
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization of property and equipment 6,345 5,002 5,477
Amortization of acquired intangibles and other 96,802 69,730 47,507
Amortization of debt discount and issuance costs on Notes 2,147 2,112 8,195
Stock-based compensation 40,529 37,094 29,724
Non-cash lease expense 9,393 7,781 10,946
Loss on disposal of long-lived assets, net 0 0 7
Gain on sale of assets held for sale 0 (10,770) 0
Deferred income taxes (28,641) (7,602) (908)
Credit losses and other sales allowances 488 774 (282)
Changes in operating assets and liabilities:      
Accounts receivable 12,119 (27,254) (10,998)
Other assets (1,579) (2,214) (15,105)
Inventories 2,489 (1,556) 245
Accounts payable and accrued liabilities (1,242) (3,583) 5,486
Lease liabilities (10,472) (8,571) (8,406)
Income taxes payable (553) (120) (2,251)
Deferred revenue, net (24,102) 36,268 30,473
Net cash flows from operating activities 173,920 192,160 178,530
Cash flows (used in) from investing activities:      
Purchases of investments (15,262) 0 0
Sales and maturities of investments 15,700 1,950 5,950
Purchases of property and equipment (5,570) (6,090) (4,654)
Payments for acquisitions, net of cash acquired (355,250) 0 (253,961)
Proceeds from sale of long-lived assets, net 0 25,998 0
Other investing activities 0 134 2,330
Net cash flows (used in) from investing activities (360,382) 21,992 (250,335)
Cash flows from (used in) financing activities:      
Proceeds from equity plans 25,956 16,165 15,033
Payments for taxes related to net share settlements of equity awards (12,377) (7,824) (5,186)
Repurchases of common stock (33,962) (77,041) (35,000)
Proceeds from issuance of senior convertible notes, net of issuance costs of $9.9 million 0 0 350,100
Purchase of capped calls 0 0 (43,056)
Dividend payments to stockholders (31,554) (31,063) (31,561)
Proceeds from the issuance of debt 195,000 7,475 0
Repayment of revolving line of credit (85,000) 0 0
Principal payment on term loan (6,875) (6,873) (117,313)
Payment of debt issuance costs 0 (2,262) (904)
Net cash flows from (used in) financing activities 51,188 (101,423) 132,113
Effect of exchange rate changes on cash 5,955 (11,858) (2,892)
Net (decrease) increase in cash and cash equivalents (129,319) 100,871 57,416
Cash and cash equivalents, beginning of year 256,277 155,406 97,990
Cash and cash equivalents, end of year 126,958 256,277 155,406
Supplemental disclosure:      
Cash paid for income taxes, net of refunds of $965 in 2023, $968 in 2022 and $894 in 2021 39,771 28,680 25,915
Cash paid for interest 23,867 8,572 8,537
Non-cash investing and financing activities:      
Dividends declared and unpaid $ 8,376 $ 8,115 $ 7,925