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Intangible Assets and Goodwill
3 Months Ended
Feb. 28, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets and Goodwill Intangible Assets and Goodwill
Intangible Assets

Intangible assets are comprised of the following significant classes:
 
February 28, 2025November 30, 2024
 (in thousands)Gross Carrying AmountAccumulated AmortizationNet Book ValueGross Carrying AmountAccumulated AmortizationNet Book Value
Purchased technology$399,000 $(220,686)$178,314 $399,000 $(210,264)$188,736 
Customer-related776,608 (306,138)470,470 777,608 (282,384)495,224 
Trademarks and trade names77,111 (39,536)37,575 77,111 (37,500)39,611 
Total$1,252,719 $(566,360)$686,359 $1,253,719 $(530,148)$723,571 

In the three months ended February 28, 2025 and February 29, 2024, amortization expense related to intangible assets was $36.2 million and $25.2 million, respectively.

Future amortization expense for intangible assets as of February 28, 2025, is as follows:
 
(in thousands)
Remainder of 2025$108,406 
2026135,361 
2027111,026 
202899,443 
202999,443 
Thereafter132,680 
Total$686,359 
Goodwill

Changes in the carrying amount of goodwill in the three months ended February 28, 2025 are as follows:

(in thousands)
Balance, December 1, 2024$1,292,177 
Additions(1)
1,632 
Translation adjustments13 
Balance, February 28, 2025
$1,293,822 
(1) The additions to goodwill during fiscal year 2025 represent measurement period adjustments related to the acquisition of ShareFile in October 2024. See Note 4: Business Combinations for additional information.