XML 42 R32.htm IDEA: XBRL DOCUMENT v3.24.2
Business Combinations (Tables)
6 Months Ended
May 31, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]  
Schedule of Allocation Of The Purchase Price
The allocation of the purchase price is as follows:

(in thousands)Purchase Price AllocationLife
Net working capital$46,335 
Property, plant and equipment723 
Purchased technology67,300 7 years
Trade name12,500 7 years
Customer relationships152,300 7 years
Other assets, including long-term unbilled receivables4,477 
Deferred taxes(24,478)
Deferred revenue(32,418)
Goodwill161,770 
Net assets acquired$388,509 
Schedule of Business Acquisition, Pro Forma Information
(in thousands, except per share data)Pro Forma Six Months Ended May 31, 2023
Revenue$381,327 
Net income$44,996 
Net income per basic share$1.04 
Net income per diluted share$1.01