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Fair Value Measurements (Tables)
6 Months Ended
May 31, 2024
Fair Value Disclosures [Abstract]  
Schedule of Fair Value Measurements within the Fair Value Hierarchy of the Financial Assets
The following table details the fair value measurements within the fair value hierarchy of our financial assets and liabilities at May 31, 2024:
 
  Fair Value Measurements Using
 (in thousands)Total Fair ValueLevel 1Level 2Level 3
Assets
Money market funds$71,166 $71,166 $— $— 
Liabilities
Foreign exchange derivatives$(476)$— $(476)$— 

The following table details the fair value measurements within the fair value hierarchy of our financial assets and liabilities at November 30, 2023:
 
  Fair Value Measurements Using
 (in thousands)Total Fair ValueLevel 1Level 2Level 3
Assets
Interest rate swap$1,495 $— $1,495 $— 
Liabilities
Foreign exchange derivatives$(2,530)$— $(2,530)$— 
Schedule of Fair Value Disclosure of Asset and Liability Not Measured at Fair Value
The following table details the fair value and carrying value of our Convertible Senior Notes due 2026 and 2030 (together referred to as “the Notes”):

May 31, 2024November 30, 2023
(in thousands)Carrying ValueFair ValueCarrying ValueFair Value
Convertible senior notes due 2026(1)
$355,861 $361,113 $354,772 $377,125 
Convertible senior notes due 2030(2)
438,416 438,128 — — 
Total$794,277 $799,241 $354,772 $377,125 
(1) The carrying value of the convertible senior notes due 2026 (the "2026 Notes"), are reflected net of $4.1 million and $5.2 million of unamortized debt issuance costs as of May 31, 2024 and November 30, 2023, respectively.
(2) The carrying value of the convertible senior notes due 2030 (the "2030 Notes"), are reflected net of $11.6 million of unamortized debt issuance costs as of May 31, 2024.