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Revenue Recognition (Tables)
 6 Months Ended
May 31, 2024
Revenue from Contract with Customer [Abstract]  
Schedule of Revenue from External Customers by Revenue Type
Our revenues are derived from licensing our products, and from related services, which consist of maintenance, hosting services, and consulting and education. Information relating to revenue from external customers by revenue type is as follows:
 
Three Months EndedSix Months Ended
(in thousands)May 31, 2024May 31, 2023May 31, 2024May 31, 2023
Performance obligations transferred at a point in time:
Software licenses$53,979 $56,407 $118,079 $113,975 
Performance obligations transferred over time:
Maintenance102,503 102,240 204,528 194,753 
Services18,595 19,604 37,155 33,749 
Total revenue$175,077 $178,251 $359,762 $342,477 
Schedule of Revenue from External Customers from Different Geographical Areas
In the following table, revenue attributed to North America includes sales to customers in the U.S. and sales to certain multinational organizations. Revenue from EMEA, Latin America and the Asia Pacific region includes sales to customers in each region plus sales from the U.S. to distributors in these regions. Information relating to revenue from external customers from different geographical areas is as follows:
 
Three Months EndedSix Months Ended
(in thousands)May 31, 2024May 31, 2023May 31, 2024May 31, 2023
North America$102,902 $105,732 $210,184 $204,560 
EMEA57,538 56,185 120,625 109,590 
Latin America4,599 4,790 9,267 8,979 
Asia Pacific10,038 11,544 19,686 19,348 
Total revenue$175,077 $178,251 $359,762 $342,477 
Schedule of Contract With Customer, Asset and Liability
As of May 31, 2024, billing of our long-term unbilled receivables is expected to occur as follows:
(in thousands)
2025$14,251 
202615,825 
20272,325 
Total$32,401 
The changes in net deferred revenue for the six months ended May 31, 2024 were as follows:

(in thousands)
Balance, December 1, 2023$295,036 
Billings and other356,300 
Revenue recognized that was deferred in prior periods(180,966)
Revenue recognized from current period arrangements(178,796)
Balance, May 31, 2024$291,574